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Steven J. Davis
5807 South Woodlawn Avenue
Chicago, IL 60637-1610
steve.davischicagobooth.edu
(773) 702-7312

Steven J. Davis

William H. Abbott Professor of International Business and Economics

Steven J. Davis studies employment outcomes, worker mobility, job loss, business dynamics, economic fluctuations, national economic performance, public policy, and other topics. In addition to a basic understanding of the big macroeconomic issues, Davis hopes his students learn "an informed skepticism about data and economic argumentation and an analytical approach that they can apply to business and economic problems in their careers."

Davis is the Editor of the American Economic Journal: Macroeconomics. He is also a research associate with the National Bureau of Economic Research and a non-resident visiting scholar at the American Enterprise Institute. Previously, he held positions at the Massachusetts Institute of Technology, the Milken Institute for Job and Capital Formation, the Federal Reserve Bank of Chicago, and the Hoover Institution at Stanford University. During a leave of absence, he was vice president in the Competition Practice at CRA International, an economics consulting firm. "This practical experience taught me that there is a market for analytical thinking skills, the hallmark of a Chicago Booth education," he said.

His research has been supported by grants from the Kauffman Foundation, the World Economic Forum, the Marianne and Marcus Wallenberg Foundation, the U.S. National Science Foundation, the U.S. Department of Energy, the U.S. Department of Labor, and several other organizations.

In addition to publication in numerous academic journals, Davis has published in the Chicago Tribune, the Los Angeles Times and other popular media. He has appeared on CNBC, the Fox News Channel, PBS, and various radio shows.

As a young man interested in economic, political, and social issues, Davis came to the view that economics offered greater insight and a more powerful set of tools for understanding economic and social behavior. He pursued graduate studies in economics with the intention of "learning how to think." Davis earned a bachelor's degree in economics from Portland State University in Oregon in 1980, and a master's degree in 1981 and a PhD in 1986, both in economics from Brown University. He joined the Chicago Booth faculty in 1985.

Selected Publications

With J. Haltiwanger and S. Schuh, Job Creation and Destruction (MIT Press, 1996).

With K. Murphy and R. Topel, "Entry, Pricing and Product Design in an Initially Monopolized Market," Journal of Political Economy (2004).

With J. Kahn, "Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Micro and Macro Levels," Journal of Economic Perspectives (2008).

With others, "Private Equity and Employment" (2009).

With others, “Business Volatility, Job Destruction, and Unemployment” American Economic Journal: Macroeconomics (forthcoming).

 
   

Courses
33942 Applied Macroeconomics: Micro Data for Macro Models 2010(Fall)