Research Expertise and Interest
economics, the federal reserve, monetary shocks, the great depression
Research Description
Christina Romer received her B.A. from the College of William and Mary and her Ph.D. from M.I.T. Her current research interests include the federal reserve, monetary shocks, and the great depression.
In the News
New Opportunity Lab to focus on policy for poverty, inequality
If anything can save the country from its current political dysfunction, it is “good, policy-oriented research,” Christina Romer, a UC Berkeley economist and former chair of the White House Council of Economic Advisers.
Grant launches Berkeley Economic History Lab
The University of California, Berkeley’s Department of Economics is the recipient of a $1.25 million grant from the Institute for New Economic Thinking (INET) to develop a Berkeley Economic History Laboratory to train more historically literate economists who can contribute to policy debates and help avoid devastating economic crises.
Featured in the Media
Please note: The views and opinions expressed in these articles are those of the authors and do not necessarily reflect the official policy or positions of UC Berkeley.
March 7, 2019
Nations with higher levels of government debt relative to the size of their economies tend to suffer more following financial crises than countries with lower debt levels, finds a new study co-authored by economics professor Christina and David Romer. The study builds on their prior research, and helps explain the reasons for the discrepancy. "Countries should work to keep debt low as an insurance policy for future crises and to minimize market risks," they wrote. "But confronted with high financial distress, domestic policymakers and leaders of international organizations should not let debt loads drive the fiscal response unnecessarily. To do so leads to much worse post-crisis output losses."
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