Raj Chetty
Raj Chetty (* August 4, 1979 ) is an American economist and professor of economics at Harvard University.
In 2008 he was appointed by the Economist to one of eight top young economists and raised Chettys particular merit in the field of political economy, where his research empirical evidence and economic theory combine to promote the development of more effective economic policy.
Training
After graduating in 1997 as class leader, the University School of Milwaukee, Raj Chetty studied at Harvard College from which he in 2000 with a BA received in Economics with the top grade summa cum laude. Then doctorate Chetty at Harvard University in 2003 and received a Ph.D. in Economics.
Professional career
After receiving his doctorate Chetty began his academic career as an Assistant Professor of Economics at the University of California, Berkeley, before he was promoted to associate professor in 2008 and professor in 2007. From 2007 to 2008 Chetty research as a National Fellow at the Hoover Institution, Stanford University. Parallel Chetty began in 2003 as a Faculty Research Fellow at the National Bureau of Economic Research ( NBER ) to work where he was promoted to Research Associate in 2007. Since 2008 he has been co-director of the NBER Public Economics Program. Finally, Chetty 2009 saw a professor of economics at Harvard University, where he is one of the youngest professors in the university's history. He is director of the Lab for Economic Applications and Policy.
Chettys research has been published in many prestigious economics journals, including Econometrica, the Quarterly Journal of Economics, the American Economic Review, the Journal of Political Economy, the Review of Economic Studies and the Journal of Finance.
In addition, Chetty has been working since 2009 as an editor of the Journal of Public Economics and served as editor of the Journal of Economic Literature before ( 2007-2010) worked.
Since 2011 he is also a member of the official economic advisor committee of the Congressional Budget Office.
Awards, scholarships and memberships
Raj Chetty is a MacArthur Fellow since 2012 of the MacArthur Foundation, and since 2012 also a Fellow of the Econometric Society. Furthermore Chetty is since 2008 a Research Fellow of the Alfred P. Sloan Foundation, and has a number of important economic scientific awards won, including the Economic Policy Best Paper Prize of the American Economic Journal (2012), the Young Labor Economist Award of the Institute for the Study of work (2010), the Distinguished Research Award from the Affiliate CESifo (2008) and the Best dissertation Prize of the National Tax Association ( 2003). In 2013 he was awarded the John Bates Clark Medal.
Research
According to the economics publication database IDEAS Chetty part in the overall ranking of the 3 % of the strongest research economists (Rank 831). Even among other criteria that take into account his age, Chetty heard clearly in the top 5 % of the economists included in the database. The most cited articles Chettys entitled " Salience and Taxation: Theory and Evidence" (2009) and was co-authored with Adam Looney and Kory Kroft. This article examines the common in the public finance assumption that individuals maximize their utility with respect to the measures provided through tax incentives fully, based on two empirical experiments. Both experiments revealed that the awareness that a control is present, significantly affect the individual's purchasing behavior. Based on these findings develop Chetty, Looney and Kroft then a model of bounded rationality to explain the influence of the perception of taxes on the individual purchase behavior.
Other prominent areas of research Chettys can be found in the general public economics, public finance, political science and labor economics.
Bibliography
- Chetty, Raj, Adam Looney, Kory Kroft (2009): Salience and Taxation: Theory and Evidence, American Economic Review, Vol 99, No. 4, pp. 1145-1177.