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About the Author(s)

Photo of Eric M. Leeper

Eric Leeper has been an NBER Research Associate in the Program on Economic Fluctuations and Growth since 2005. He is also a professor of economics and the director of the Center for Applied Economics and Policy Research at Indiana University, a distinguished visiting professor of business and economics at Monash University, and an external advisor to the Swedish central bank (Sveriges Riksbank).

Leeper received a B.S. in economics from George Mason University in 1980 and a Ph.D. in economics from the University of Minnesota in 1989. Prior to joining the Indiana University faculty in 1995, he was a research officer in the macro policy group at the Federal Reserve Bank of Atlanta and spent four years as a staff economist in the International Finance Division of the Federal Reserve Board of Governors. His research focuses on theoretical and empirical models of macro policy, with special emphasis on monetary-fiscal policy interactions.

Leeper was born in Isfahan, Iran, and spent his school-age years in Taiwan, Malaysia, Seattle, Hong Kong, and Northern Virginia. He now lives in Bloomington, Indiana with his wife, Susan Monaco, and their two children, Sam and Sydney. When he is not fretting about the government's budget constraint, he is fingering the frets on his guitar.

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