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Christina Romer

50quotes

Full Name and Common Aliases


Christina Romer is an American economist who is widely recognized for her work on macroeconomic policy and its impact on economic growth.

Birth and Death Dates


Born on December 29, 1958. Unfortunately, information about Christina's passing could not be found.

Nationality and Profession(s)


Nationality: American
Profession(s): Economist, Professor

Early Life and Background


Christina Dettling-Santos Romer was born in Kansas City, Missouri. She developed an interest in economics at a young age, which eventually led her to pursue a degree in the field. Romer earned her Bachelor's degree from the University of California, Berkeley, followed by her Ph.D. in Economics from the Massachusetts Institute of Technology (MIT). Her academic background has been instrumental in shaping her career as a renowned economist.

Major Accomplishments


Christina Romer is known for her influential work on macroeconomic policy and its effects on economic growth. She served as the Chair of the Council of Economic Advisers (CEA) from 2009 to 2010, during which she played a crucial role in shaping the Obama administration's economic policies. Her research has focused extensively on topics such as business cycle fluctuations, monetary policy transmission mechanisms, and the impact of fiscal policy on economic growth.

Notable Works or Actions


As Chair of the CEA, Romer was instrumental in developing the American Recovery and Reinvestment Act (ARRA), a comprehensive stimulus package aimed at addressing the 2008 global financial crisis. Her work has also been published in prominent academic journals such as the _American Economic Review_ and the _Journal of Monetary Economics_. Romer is an active member of various professional organizations, including the American Economic Association (AEA) and the National Bureau of Economic Research (NBER).

Impact and Legacy


Christina Romer's contributions to the field of macroeconomic policy have had a lasting impact on economic research and practice. Her work has provided valuable insights into the effectiveness of fiscal and monetary policies in addressing economic downturns. As an academic, she continues to inspire new generations of economists through her teaching and mentorship.

Why They Are Widely Quoted or Remembered


Christina Romer is widely quoted and remembered for her expertise on macroeconomic policy and its implications for economic growth. Her experience as Chair of the CEA has given her a unique perspective on the impact of economic policies on various sectors of society. As an accomplished economist, she continues to shape the conversation around effective economic management and policy-making.

Quotes by Christina Romer

Tax increases appear to have a very large sustained and highly significant negative impact on output.
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Tax increases appear to have a very large sustained and highly significant negative impact on output.
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Climate change and dependence on foreign oil are problems that won’t go away on their own. Tabling plans to deal with them doesn’t make it easier for companies to plan and invest; it makes it harder.
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Climate change and dependence on foreign oil are problems that won’t go away on their own. Tabling plans to deal with them doesn’t make it easier for companies to plan and invest; it makes it harder.
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I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that’s something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.
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I think where I differ a little bit, we absolutely have to think about the deficit looking down the road. And certainly that’s something the president has said that we need to, as the economy recovers, have a plan in place for getting it down.
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A successful argument for a government manufacturing policy has to go beyond the feeling that it’s better to produce ‘real things’ than services. American consumers value health care and haircuts as much as washing machines and hair dryers.
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A successful argument for a government manufacturing policy has to go beyond the feeling that it’s better to produce ‘real things’ than services. American consumers value health care and haircuts as much as washing machines and hair dryers.
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Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are in fact reductions, the more intuitive way to express this result is that tax cuts have very large and persistent positive output effects.
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Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are in fact reductions, the more intuitive way to express this result is that tax cuts have very large and persistent positive output effects.
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A natural way that an economist approaches a problem is to say, here’s where I think the economy is going; this is what we need to deal with the problem.
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A natural way that an economist approaches a problem is to say, here’s where I think the economy is going; this is what we need to deal with the problem.
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If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America’s infrastructure needs are enormous.
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If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America’s infrastructure needs are enormous.
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If you look at the studies coming out of the Congressional Budget Office, the number one thing that’s going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
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If you look at the studies coming out of the Congressional Budget Office, the number one thing that’s going to blow a hole in the deficit as we go forward 20, 30 years is government spending on healthcare.
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As a former member of President Obama’s economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration.
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As a former member of President Obama’s economic team, I have a soft spot for the fiscal stimulus legislation he signed just a month after his inauguration.
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There’s a joke in economics about the drunk who loses his keys in the street but only looks for them under the lightposts. When asked why, he says, ‘because that’s where the light is.’ That’s the problem with the deficit.
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There’s a joke in economics about the drunk who loses his keys in the street but only looks for them under the lightposts. When asked why, he says, ‘because that’s where the light is.’ That’s the problem with the deficit.
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