Christina Romer

Quick Facts

Full Name	Christina Romer
Occupation	Teacher
Date Of Birth	Dec 25, 1958(1958-12-25)
Age	66
Birthplace	Alton
Country	United States
Birth City	Illinois
Horoscope	Sagittarius

Christina Romer Biography

Christina Romer is one of the most popular and richest Teacher who was born on December 25, 1958 in Alton, Illinois, United States. Professor of Economics who is a Distinguished Professor who was Chair of the President’s Council of Economic Advisers.

She suggested to the president-elect She recommended to President-Elect Barack Obama that he pass a stimulus package to help improve the economy, and in 2009 Obama took her advice. that his administration pass a stimulus bill to boost the economy. And in 2009 Obama did as she suggested.

Her recent work (with David Romer) has focused on the impact of tax policy on government and general economic growth. This work looks at the historical record of US tax changes from 1945 to 2007, excluding “endogenous” tax changes made to fight recessions or offset the cost of new government spending. It finds that such “exogenous” tax increases, made for example to reduce inherited budget deficits, reduce economic growth (though by smaller amounts after 1980 than before). Romer and Romer also find “no support for the hypothesis that tax cuts restrain government spending; indeed … tax cuts may increase spending. The results also indicate that the main effect of tax cuts on the government budget is to induce subsequent legislated tax increases.” However, she notes that “Our baseline specification suggests that an exogenous tax increase of one percent of GDP lowers real GDP by roughly three percent.”

She has done extensive work on fiscal and monetary policy from the Great Depression to the present, using notes from the meetings of the Federal Open Market Committee (FOMC) and the materials prepared by Fed staff to study how the Federal Reserve makes its decisions. Her work suggests that some of the credit for the relatively stable economic growth in the 1950s should lie with good policy made by the Federal Reserve, and that the members of the FOMC could at times have made better decisions by relying more closely on forecasts made by the Fed professional staff.

She was married to an economist who was a friend of hers, David Romer.

Christina Romer Net Worth

Christina Romer is one of the richest Teacher from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Christina Romer 's net worth $5 Million. (Last Update: December 11, 2023)

She received her Ph.D. from MIT and became an associate professor at Princeton University and a full professor at the University of California- Berkeley.

She carried out extensive economic research on the root causes for The Great Depression.

She has also researched the causes of the Great Depression in the United States and how the US recovered from the depression. Her work showed that the Great Depression occurred more severely in the US than in Europe, and had somewhat different causes than the Great Depression in Europe. Romer showed that New Deal fiscal policy measures, though innovative, were very insufficient, and dwarfed by Hoover’s tax increase two years earlier. However, accidental monetary policy played a large role in the US recovery from depression. This monetary policy came first from the devaluation of the dollar in terms of gold in 1933–1934, and later from the flight of European capital to the relatively stable US as war in Europe became more likely.

Height, Weight & Body Measurements

Christina Romer height Not available right now. Christina weight Not Known & body measurements will update soon.

Who is Christina Romer Dating?

According to our records, Christina Romer married to David Romer. As of December 1, 2023, Christina Romer’s is not dating anyone.

Relationships Record : We have no records of past relationships for Christina Romer. You may help us to build the dating records for Christina Romer!

She is a former vice president of the American Economic Association, a John Simon Guggenheim Memorial Foundation Fellowship recipient, a fellow of the American Academy of Arts and Sciences, a winner of the Berkeley Distinguished Teaching Award, and a winner of the Council for Economic Education’s Visionary Award.. Professor Romer is co-director of the Program in Monetary Economics at the National Bureau of Economic Research, and was a member of the NBER Business Cycle Dating Committee until she resigned from this position on November 25, 2008.

Facts & Trivia

Christina Ranked on the list of most popular Teacher. Also ranked in the elit list of famous people born in United States. Christina Romer celebrates birthday on December 25 of every year.

She left the CEA to return to the University of California at Berkeley in September 2010, saying her departure from the Obama administration was timed so that her youngest child could begin high school in Berkeley.

Top Facts about Christina Romer

1. Christina Romer is an American economist and professor.
2. She served as Chair of the Council of Economic Advisers under Obama.
3. Romer is known for her work on fiscal policy and economic history.
4. She co-authored a paper on the effects of tax cuts in 2010.
5. Romer has been a vocal advocate for government intervention during recessions.
6. She received her PhD from MIT in 1985.
7. Romer has taught at UC Berkeley since 1988.
8. In 2009, she was named one of Time Magazine’s “100 Most Influential People.”
9. Romer is married to fellow economist David Romer.
10. Her research focuses on monetary policy and business cycles.

What was Christina Romer known for?

Christina Romer chaired the Council of Economic Advisors during the Great Recession. Former Fed Chair Janet Yellen and an all-star lineup of professors from Berkeley, MIT, and Harvard explain how Romer’s expertise on the Great Depression helped guide our policy response during a crisis.

Is Paul Romer related to Christina Romer?

She is not related to Paul Romer, the economist famous for his work on endogenous growth theory, although she has a son with the same name.

Who is Paul Romer married to?

Caroline Weber

What is the Romer model?

The Romer (1986) Model of Growth. Romer (1986) relaunched the growth literature with a paper that presented a model. of increasing returns in which there was a stable positive equilibrium growth rate that. resulted from endogenous accumulation of knowledge.

What is Paul Romer's economic theory?

Romer developed endogenous growth theory , emphasizing that technological change is the result of efforts by researchers and entrepreneurs who respond to economic incentives.