Presidential Young Investigator Award: An Empirical and Theoretical Analysis of Macroeconomic Issues

该奖项根据国家科学基金会的总统青年研究员奖计划向N·格雷戈里·曼昆博士提供支持。该计划的目标是为国家最杰出和最有前途的年轻科学和工程教师提供研究支持。这些奖项旨在提高美国学术机构应对学术和工业研究和教学对高素质科学和工程人才的需求的能力。曼昆博士已经在经济学领域做出了重大的研究贡献，他有潜力成为学术研究和教育领域的领导者。这一奖项将允许研究员在宏观经济问题和问题的研究中追求他的研究兴趣。曼昆博士的很多实证研究都涉及到时间序列分析和其他计量经济学技术在各种主题上的应用。其中的主题包括检验永久收入假说，调查利率期限结构，研究股市波动，以及研究货币需求和实际利率对消费者支出的影响。在理论层面上，曼昆博士对研究资本市场缺陷对宏观经济问题的重要性特别感兴趣。此外，他还将探讨宏观经济和产业组织之间的相互作用，以及不完全竞争在解释价格刚性和财政政策对总支出影响方面的作用。

This award provides support to Dr. N. Gregory Mankiw under the National Science Foundations's Presidential Young Investigator Awards program. The objectives of this program are to provide research support to the Nation's most outstanding and promising young science and engineering faculty. The awards are intended to improve the capability of U.S. academic institutions to respond to the demand for highly qualified science and engineering personnel for academic and industrial research and teaching. Dr. Mankiw has already made significant research contributions to the field of economics, and he has the potential to become a leader in academic research and education. This award will allow the investigator to pursue his research interests in the study of macroeconomic issues and questions. Much of Dr. Mankiw's empirical research involves the application of time-series analysis and other econometric techniques to a variety of topics. Among the topics are testing the permanent income hypothesis, investigating the term structure of interest rates, studying stock market volatility, and studying the demand for money and the effect of real interest rates on consumer spending. At the theoretical level, Dr. Mankiw is especially interested in investigating the importance of capital market imperfections for macroeconomic issues. In addition, he will also explore the interaction between macroeconomics and industrial organization, and the role of imperfect competition in explaining both price rigidity and the impact of fiscal policy on aggregate expenditures.