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About the Author(s)

Greg Kaplan

Greg Kaplan is professor of economics at the University of Chicago. His research spans macroeconomics, labor economics and applied microeconomics, with a focus on the distributional consequences of economic policies and economic forces. He has published extensively on the topics of inequality, risk sharing, unemployment, household formation, migration, fiscal policy, and monetary policy.

Kaplan previously was a professor and assistant professor in the Department of Economics at Princeton University, assistant professor in the Department of Economics at the University of Pennsylvania, and an economist in the Research Department of the Federal Reserve Bank of Minneapolis. He has held visiting positions at the University of New South Wales and the Reserve Bank of Australia. He is an editor at the Review of Economic Dynamics, a research associate in the NBER's Economic Fluctuations and Growth Program, and a research fellow at the Institute for Fiscal Studies.

Kaplan received a Ph.D. from New York University in 2009, an M.Sc. from the London School of Economics in 2002, and a B.Com. with honors from Macquarie University in 2000.


1. G. Kaplan and G. Menzio, "The Morphology of Price Dispersion," NBER Working Paper 19877, January 2014, and International Economic Review, 56(4), 2015, pp. 1165-206.   Go to ⤴︎
2. G. Kaplan, G. Menzio, L. Rudanko, and N. Trachter, "Relative Price Dispersion: Evidence and Theory," NBER Working Paper 21931, January 2016.   Go to ⤴︎
3. M. Aguiar and E. Hurst, "Lifecycle Prices and Production," NBER Working Paper 11601, September 2005, and American Economic Review, 97(5), 2007, pp. 1533-59.   Go to ⤴︎
4. G. Kaplan and S. Schulhofer-Wohl, "Inflation at the Household Level," NBER Working Paper 22331, June 2016.   Go to ⤴︎
5. G. Kaplan, G. Menzio, L. Rudanko, and N. Trachter, "Relative Price Dispersion: Evidence and Theory," NBER Working Paper 21931, January 2016.   Go to ⤴︎
6. G. Butters, "Equilibrium Distributions of Sales and Advertising Prices," Review of Economic Studies, 44(3), 1977, pp. 465-91.   Go to ⤴︎
7. K. Burdett and K. Judd, "Equilibrium Price Dispersion," Econometrica, 51(4), 1983, pp. 955-69.   Go to ⤴︎
8. G. Menzio and N. Trachter, "Equilibrium Price Dispersion Across and Within Stores," NBER Working Paper 21493, August 2015.   Go to ⤴︎
9. G. Kaplan and G. Menzio, "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," NBER Working Paper 18777, February 2013, and Journal of Political Economy, 124(3), 2016, pp. 771-825.   Go to ⤴︎
10. D. Mortensen and C. Pissarides, "Job Creation and Job Destruction in the Theory of Unemployment," Review of Economic Studies, 61(3), 1994, pp. 397-415. Go to ⤴︎

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