Austan D. Goolsbee
Robert P. Gwinn Professor of Economics
US Construction Has a Productivity Problem
Research suggests frictions in the building industry could be slowing or halting projects.
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Biography
Austan D. Goolsbee is the Robert P. Gwinn Professor of Economics.
He previously served in Washington as the Chairman of the Council of Economic Advisers and a member of the President's cabinet. His research has earned him recognition as a Fulbright Scholar and an Alfred P. Sloan fellow. In prior years he was named one of the 100 Global Leaders for Tomorrow by the World Economic Forum, and one of the six "Gurus of the Future" by the Financial Times. His ability to explain economics clearly has made Goolsbee popular in the media. Jon Stewart describes him as "Eliot Ness meets Milton Friedman" and he has twice been named as a "star" professor by BusinessWeek's "Guide to the Best Business Schools."
Goolsbee serves on the Economic Advisory Panel to the Federal Reserve Bank of New York and has previously served on the Panel of Economic Advisors to the Congressional Budget Office, the U.S. Census Advisory Commission and as a special consultant for Internet Policy to the Antitrust Division of the Department of Justice. He joined Chicago Booth in 1995.
Selected Publications
The Consumer Gains from Direct Broadcast Satellites and the Competition with Cable Television, Econometrica (2004).
"Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry," Journal of Political Economy (2002).
"In a World Without Borders: The Impact of Taxes on Internet Commerce," Quarterly Journal of Economics (2000).
"What Happens When You Tax the Rich? Evidence from Executive Compensation," Journal of Political Economy (2000).
For a listing of research publications, please visit the university library listing page.
Get Insights from Austan D. Goolsbee in Chicago Booth Review
The Mystery of US Construction’s Declining Productivity
The sector’s slowdown is so great it represents a drag on the economy overall.
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Fear, Not Government Shutdowns, Chilled the Economy
Research suggests that consumers’ fear of the coronavirus had a far greater effect on economic activity than lockdown measures did.
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