# Martin Eichenbaum

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{{short description|American economist}}

{{Infobox economist
|name             = Martin S. Eichenbaum
|image            = Martin Eichenbaum.jpg
|caption          =Eichenbaum, 2024
|birth_date       = {{Birth date and age|1954|8|23}}
|birth_place      =
|death_date       =
|death_place      =
|institutions     = [Carnegie Mellon University](/source/Carnegie_Mellon_University)<br>[University of Chicago](/source/University_of_Chicago)<br>[University of Pennsylvania](/source/University_of_Pennsylvania)<br>[Northwestern University](/source/Northwestern_University)
|field            = [Macroeconomics](/source/Macroeconomics)
|alma_mater       = [University of Minnesota](/source/University_of_Minnesota)<br>[McGill University](/source/McGill_University)
|doctoral_advisor = [Thomas J. Sargent](/source/Thomas_J._Sargent)
|repec_prefix = e | repec_id = pei4
}}

'''Martin Stewart Eichenbaum''' (born August 23, 1954) is the Charles Moskos professor of [economics](/source/economics) at [Northwestern University](/source/Northwestern_University), and the co-director of the Center for International Economics and Development. His research focuses on macroeconomics, [international economics](/source/international_economics), and monetary theory and policy.

==Biography==
After graduating from [McGill University](/source/McGill_University) (B.Comm. in Economics, 1976) and the [University of Minnesota](/source/University_of_Minnesota) (Ph.D. Economics, 1981) he served as an assistant professor at [Carnegie Mellon University](/source/Carnegie_Mellon_University) before moving to Northwestern University in 1988. He is currently the Charles Moskos professor of [Economics](/source/Economics) at Northwestern University and, in addition, the co-director of the Center for International Economics and Development there. During his career, he also taught at [Carnegie Mellon University](/source/Carnegie_Mellon_University), the [University of Chicago](/source/University_of_Chicago), [Harvard](/source/Harvard), and the [University of Pennsylvania](/source/University_of_Pennsylvania). In addition, he has been a consultant to the [Federal Reserve Banks of Chicago](/source/Federal_Reserve_Bank_of_Chicago), [Atlanta](/source/Federal_Reserve_Bank_of_Atlanta), and [San Francisco](/source/Federal_Reserve_Bank_of_San_Francisco) as well as the [International Monetary Fund](/source/International_Monetary_Fund).

Eichenbaum is married to Yona and has two children, Rachel and Joseph.

Eichenbaum served on the Northwestern committee to fight anti-Semitism.

==Contributions==
Eichenbaums's research focuses on macroeconomics, international economics, and monetary theory and policy. Specifically, he has been concerned with understanding aggregate economic fluctuations, studying the causes and consequences of exchange rate fluctuations, as well as the effect of monetary policy on
postwar United States business cycles.

===Selected papers===
*{{cite journal|author1= Eichenbaum, Martin S |author2= Rebelo, Sergio | author3= Trabandt, Mathias|title = The Macroeconomics of Epidemics| journal = National Bureau of Economic Research|
 series = Working Paper Series|number = 26882|year = 2020|
 doi = 10.3386/w26882|url = http://www.nber.org/papers/w26882|doi-access = free}}
*{{cite journal|author1=Craig Burnside|author2=Martin Eichenbaum|author3=Sergio Rebelo|title=Understanding Booms and Busts in Housing Markets|journal=Journal of Political Economy|date=August 2016|volume=124|number=4|pages=1088–114|doi=10.1086/686732|citeseerx=10.1.1.716.557|s2cid=6276397}}
*{{cite journal|author1=[Lawrence J. Christiano](/source/Lawrence_J._Christiano)|author2=Martin Eichenbaum|author3=Charles L. Evans|title=Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy|journal=Journal of Political Economy|year=2005|volume=113|number=1| pages=1–45|issn=0022-3808|jstor=10.1086/426038|doi=10.1086/426038|citeseerx=10.1.1.322.1620|s2cid=158727660}}
*{{cite journal|author=Eichenbaum, Martin, Evans, Charles L.|title=Some Empirical Evidence on the Effects of Shocks to Monetary Policy on Exchange Rates|journal=The Quarterly Journal of Economics|year=1995|volume=110|number=4|pages=975–1009|doi=10.2307/2946646|jstor=2946646}}
*{{citation|author=Christiano, Lawrence J., Eichenbaum, Martin, Evans, Charles L.|title=Monetary policy shocks: What have we learned and to what end?|year=1999|volume=1|pages=65–148|publisher=Elsevier|editor1=J. B. Taylor|editor2=M. Woodford|series=Handbook of Macroeconomics|doi=10.1016/S1574-0048(99)01005-8|isbn=978-0-444-50156-1 |s2cid=15795853|issn=1574-0048}}
*{{cite journal|author1=Craig Burnside|author2=Martin Eichenbaum|author3=Sergio Rebelo|title=Prospective Deficits and the Asian Currency Crisis|journal=Journal of Political Economy|date=December 2001|volume=109|number=6|pages=1155–1197|doi=10.1086/323271|hdl=10161/1983|jstor=323271|s2cid=14984128|url=http://documents.worldbank.org/curated/en/853621468752080731/pdf/multi-page.pdf |hdl-access=free}}
*{{cite journal|author=Burnside, Craig, Eichenbaum, Martin, Rebelo, Sergio|title=Labor Hoarding and the Business Cycle|journal=Journal of Political Economy|date=April 1993|volume=101|number=2|pages=245–73|url=https://ideas.repec.org/a/ucp/jpolec/v101y1993i2p245-73.html|doi=10.1086/261875|jstor=2138819|s2cid=6175373}}
*{{cite book|author=Christiano, Lawrence J, Eichenbaum, Martin|title=Current Real-Business-Cycle Theories and Aggregate Labor-Market Fluctuations|chapter=Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations |journal=American Economic Review|orig-year=1990|date=June 1992|volume=82|number=3|pages=430–50|doi=10.4324/9780203070710.ch10|doi-broken-date=12 July 2025 |jstor=2117314|isbn=978-0-415-16568-6}}

==Associations==
Eichenbaum was elected a Fellow of the [American Academy of Arts and Sciences](/source/American_Academy_of_Arts_and_Sciences) in 2013.<ref name=AAAS>{{cite web|title=Martin Stewart Eichenbaum|url=https://www.amacad.org/person/martin-stewart-eichenbaum|publisher=American Academy of Arts and Sciences|access-date=October 5, 2019}}</ref> He was elected a Fellow of the [Royal Society of Canada](/source/Royal_Society_of_Canada) in 2021.<ref name=RFS>{{cite web|title=Martin Stewart Eichenbaum|url=https://rsc-src.ca/sites/default/files/candidates/Martin%20S.%20Eichenbaum.pdf|access-date=2021-09-19|archive-date=2021-09-21|archive-url=https://web.archive.org/web/20210921033614/https://rsc-src.ca/sites/default/files/candidates/Martin%20S.%20Eichenbaum.pdf|url-status=dead}}</ref> He is a fellow of the [Econometric Society](/source/Econometric_Society) and a research associate at the [National Bureau of Economic Research](/source/National_Bureau_of_Economic_Research). He served as the co-editor of the ''[American Economic Review](/source/American_Economic_Review)'' from 2011 to 2015. He is now the co-editor of the NBER Macro Annual.<ref name=NBERmacro>{{cite web|title=NBER Macroeconomics Annual|url=http://www.nber.org/macroannualconference/MacroAnnualConference.html|publisher=The National Bureau of Economic Research|access-date=October 5, 2019}}</ref> In addition, he is on the board of directors of the [Bank of Montreal](/source/Bank_of_Montreal).<ref name=BMO>{{cite web|title=Bank of Montreal Announces Election of Directors|url=https://newsroom.bmo.com/2018-04-05-Bank-of-Montreal-Announces-Election-of-Directors|publisher=BMO Financial Group|access-date=October 5, 2019}}</ref>

In 2019, Eichenbaum became [MAS](/source/Monetary_Authority_of_Singapore) Term professor at the [National University of Singapore](/source/National_University_of_Singapore).<ref>{{cite news|url=http://news.nus.edu.sg/press-releases/MAS-term-professor-martin-eichenbaum|title=Distinguished macroeconomist Martin Eichenbaum appointed MAS Term Professor at NUS|publisher=National University of Singapore|date=March 5, 2019|access-date=October 5, 2019}}</ref>

==References==
{{Reflist}}

==External links==
*{{GoogleScholar|s5B27PkAAAAJ}}
*[http://www.faculty.econ.northwestern.edu/faculty/eichenbaum/ Martin Eichenbaum's homepage] {{Webarchive|url=https://web.archive.org/web/20080520121324/http://faculty.econ.northwestern.edu/faculty/eichenbaum/ |date=2008-05-20 }} at Northwestern University
*[http://www.kellogg.northwestern.edu/faculty/rebelo/cied/home.htm The Center for International Macroeconomics]
*[https://www.ideas.repec.org/e/pei4.html Links to articles, REPEC] {{Webarchive|url=https://web.archive.org/web/20210812134558/https://ideas.repec.org/e/pei4.html |date=2021-08-12 }}

{{Authority control}}

{{DEFAULTSORT:Eichenbaum, Martin S.}}
Category:1954 births
Category:Living people
Category:American macroeconomists
Category:American econometricians
Category:University of Minnesota College of Liberal Arts alumni
Category:McGill University alumni
Category:Carnegie Mellon University faculty
Category:University of Chicago Booth School of Business faculty
Category:University of Pennsylvania faculty
Category:Northwestern University faculty
Category:Academic staff of the National University of Singapore
Category:International Monetary Fund people
Category:Fellows of the Econometric Society
Category:Fellows of the American Academy of Arts and Sciences
Category:21st-century American economists

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Adapted from the Wikipedia article [Martin Eichenbaum](https://en.wikipedia.org/wiki/Martin_Eichenbaum) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Martin_Eichenbaum?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
