Steven J. Fluharty is pleased to name José-Víctor Ríos-Rull the Lawrence R. Klein Professor of Economics in Penn Arts and Sciences.
Rios-Rull is an influential scholar whose work is shaping the fields of macroeconomics as it informs discourse on economic policy in the U.S. and other high-income economies. His research builds quantitative macroeconomic models with heterogeneous households and applies them to questions about international capital flows, bankruptcy, asset prices, and demand-driven business cycle fluctuations. He is also concerned about the interrelations between demographics and the macroeconomy.
This chair was created in 1991 in honor of Professor Lawrence R. Klein, a Benjamin Franklin Professor Emeritus of Economics and Nobel laureate in economic sciences. His work provided the foundation for econometric forecasting now used as a basic tool by government and industry. The chair is awarded to scholars who will continue the tradition of superlative teaching and research established by Lawrence Klein, who passed away in 2013.