Robert Chirinko

Robert Chirinko is Professor of Finance in the Department of Finance at the University of Illinois Chicago (UIC), College of Business Administration. He is also a Research Fellow at the Center for Economic Studies (Munich) and the Center for Financial Studies (Frankfurt), and an affiliate and member of the Faculty Advisory Panel for the Government Finance Research Center at UIC.

Education

• PhD in Economics, Northwestern University, 1982
• MA in Economics, Northwestern University, 1979
• BA in Economics, University of Pennsylvania, 1975

Research Focus

Professor Chirinko’s research integrates finance, macroeconomics and public policy, addressing how businesses accumulate capital, how financial markets allocate funds, and how tax, monetary and governance policies affect investment and welfare. Current projects examine public banking, the return on private capital across countries, Islamic banking performance, and the effects of fiscal foresight on firm behavior.

His scholarly output explores themes such as the elasticity of substitution between capital and labor, market discipline in sovereign and corporate debt, the efficacy of state-level job creation tax credits, and the role of central-bank communication in bond-market volatility.

Awards & Honors

• Outstanding Doctoral Dissertation Award, National Tax Association (shared with Lawrence Summers), 1982
• James L. Barr Memorial Award in Public Economics, APPAM
• Vernon Award, APPAM
• Houblon-Norman/George Senior Fellowship, Bank of England, 2006
• Winship Distinguished Research Professor in the Social Sciences, Emory University, 2005–2008
• Honorary Professor, Deakin University, 2013–2017

Grants & Research Support

His work has been supported by more than twenty institutions, including the National Science Foundation, the Bank of Japan, the Federal Reserve Banks of Kansas City and San Francisco, the German Bundesbank, the Dutch National Bank, the Kauffman Foundation, the Joyce Foundation, and Industry Canada.

International Affiliations

Professor Chirinko has been a visiting scholar or professor at ten central banks and numerous universities worldwide, including the Bank of England, University of Munich, European University Institute, Deakin University, Goethe University, Einaudi Institute of Economics and Finance, University of Chicago, Stanford University, and Osaka University.