Pete Klenow

Pete Klenow is the Landau Professor in Economics Policy and a Gordon Moore Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR) at Stanford University, where he has been a Professor in the Department of Economics since 2003. He previously served as Senior Economist at the Federal Reserve Bank of Minneapolis (2000-2003) and Associate and Assistant Professor at the University of Chicago Booth School of Business (1995-2000).

Dr. Klenow received his Bachelor of Science from the University of California at Berkeley in 1986 and his Ph.D. in Economics from Stanford University in 1991. His academic journey includes prestigious fellowships and teaching positions at leading institutions.

Klenow's research focuses on macroeconomics, particularly economic growth, productivity, innovation, trade, and development economics. His work examines the dynamics of creative destruction, resource misallocation, and the measurement of economic welfare beyond GDP. He has made significant contributions to understanding how firms grow, how innovation drives economic progress, and how trade affects productivity.

His recent publications reveal a strong focus on contemporary economic challenges including climate change impacts on growth, the effects of e-commerce on retail markets, racial disparities in economic well-being, and the relationship between innovation and market power. Klenow's work consistently bridges theoretical modeling with empirical analysis using large datasets.

• Member of the American Academy of Arts and Sciences (2015-present)
• Fellow of the Econometric Society (2014-present)
• Sir Richard Stone Lecture at the University of Cambridge (2019)
• Kuznets Lecture at Yale University (2017)
• Multiple teaching awards from Stanford and Chicago
• Excellence in Refereeing Awards from top economics journals

Klenow has held significant editorial positions including Co-Editor of AER:Insights (2017-2023) and Associate Editor for leading journals such as Econometrica, Journal of Political Economy, and Quarterly Journal of Economics. He is Co-Director of the NBER Economic Fluctuations and Growth Program and has received multiple research grants including from the National Science Foundation. At Stanford, he co-leads the Stanford Growth Reading Group with Chris Tonetti.