Curriculum Vitae
Pete Klenow
Contact Info
Department of Economics
Stanford University
Stanford, CA 94305-6072
Education
Bachelor of Science, 
Ph.D in Economics, 
Employment
2003-present: Professor,
Department of Economics,
2000-2003: Senior Economist, Federal Reserve Bank of
1995-2000: Associate Professor, Graduate
1991-1995: Assistant Professor, Graduate
Refereed Publications
"Misallocation and Manufacturing TFP in
China and India" with Chang-Tai Hsieh, forthcoming in the Quarterly Journal of Economics, December 2008
draft.
"State-Dependent or Time-Dependent
Pricing: Does It Matter for Recent U.S. Inflation?" with Oleksiy
Kryvtsov, Quarterly Journal of Economics
123, August 2008, 863-904. Appendices: Frequencies Parameters
"Sticky Information and Sticky
Prices" with Jon Willis, Journal of
Monetary Economics 54, September 2007, 79-99.
"Relative Prices and Relative Prosperity" with Chang-Tai Hsieh, American Economic Review 97, June 2007, 562-585.
"The Variety and Quality of a Nation's Exports" with David Hummels, American Economic Review 95, June 2005, 704-723.
"Some
Evidence on the Importance of Sticky Prices" with
Mark Bils, Journal of Political Economy 112, October 2004, 947-985. Data:
Appendix Table
"Evidence on Learning and Network
Externalities in the Diffusion of Home Computers" with Austan
Goolsbee, Journal of Law & Economics
45, October 2002, 317-344.
"Quantifying Quality Growth" with Mark Bils, American Economic Review 91, September 2001, 1006-1030.
"Does Schooling Cause Growth?"
with Mark Bils, American Economic Review 90, December 2000, 1160-1183.
"Ideas vs. Rival Human Capital: Industry Evidence on Growth Models," Journal of Monetary Economics 42, August 1998, 3-24.
"Using Consumer Theory to Test Competing Business Cycle Models" with Mark Bils, Journal of Political Economy 106, April 1998, 233-261. Data: Tables 1-3
"Learning Curves and the Cyclical Behavior of Manufacturing Industries," Review of Economic Dynamics 1, April 1998, 531-550.
"High-Tech R&D Subsidies: Estimating the Effects of Sematech" with Douglas A. Irwin, Journal of International Economics 40, May 1996, 323-344.
"Learning by Doing Spillovers
in the Semiconductor Industry" with Douglas A. Irwin, Journal of Political Economy 102, December 1994,
1200-1227.
Other Publications
"Endogenous Variety and the Gains
from Trade" with Costas Arkolakis, Svetlana Demidova, and Andrés
Rodríguez-Clare, American Economic Review Papers and
Proceedings 98, May 2008, 444-450.
"Valuing Consumer Products by
the Time Spent Using Them: An Application to the Internet" with Austan Goolsbee, American Economic Review Papers and Proceedings
96, May 2006, 108-113.
"Externalities and Growth" with Andrés Rodríguez-Clare, Handbook of Economic Growth, volume 1A, P. Aghion and S. Durlauf, eds., 2005, 817-861 (chapter 11). Data: Panel
"Sticky Prices and Monetary Policy
Shocks" with Mark Bils and Oleksiy Kryvtsov, Federal Reserve Bank of Minneapolis Quarterly Review,
Winter 2003, 2-9.
"Measuring Consumption Growth: The
Impact of New and Better Products," Federal
Reserve Bank of Minneapolis Quarterly Review, Winter 2003, 10-23.
"The Acceleration in Variety Growth" with Mark Bils, American Economic Review Papers and Proceedings 91, May 2001, 274-280.
"The Neoclassical Revival in Growth Economics: Has It Gone Too Far?" with Andrés Rodríguez-Clare, NBER Macroeconomics Annual 1997, B. Bernanke and J. Rotemberg ed., Cambridge, MA: MIT Press, 73-102. Data: Appendix
"Economic Growth: A Review Essay" with Andrés Rodríguez-Clare, Journal of Monetary Economics 40, December 1997, 597-618.
"Industry Innovation: Where and Why," Carnegie-Rochester Conference Series on Public Policy 44, June 1996, 125-150.
"Sematech: Purpose and
Performance" with Douglas A. Irwin,
Proceedings of the
"The Importance of
Federal Reserve Credibility: Evidence from the Taylor Model," in Evaluating Policy Regimes, R. Bryant, P. Hooper,
and C. Mann ed.
Comments
"On “Big
Answers for Big Questions: The Presumption of Macro", May 2008,
Brookings Institution Conference on What
Works in Development? Thinking Big and Thinking Small. SLIDES
"Income Differences Across
Countries", July 2006 (plenary talk at the Society for Economic
Dynamics annual meeting in Vancouver, British Columbia).
On "It's Not Factor Accumulation: Stylized Facts and Growth Models," World Bank Economic Review 15, 2001, 221-224.
On "Stronger Protection or
Technological Revolution: What is Behind the Recent Surge in Patenting?", Carnegie-Rochester Conference on Public Policy 48, June 1998, 305-309.
On "Measuring Inflation and Real
Growth," Federal Reserve Bank of St. Louis
Review 79, May/June 1997, 43-46.
Current Working Papers
"Reset Price Inflation and the Impact of Monetary Policy Shocks" with Mark Bils and Benjamin Malin, February 2009.
"Real Rigidities and Nominal
Price Changes" with Jon Willis, March 2006.
Older Working Papers
"Human Capital Policy"
with James J. Heckman, 1997.
"Quantifying Variety Gains
from Trade Liberalization" with Andrés Rodríguez-Clare, 1997.
Professional Activities
2006-present: Gordon and
Betty Moore Senior Fellow, Stanford Institute for Economic Policy Research.
Intergovernmental Personnel Assignment, U.S. Bureau of Labor Statistics,
2001-present.
Fall 2008: Visiting Professor, Department of Economics, Harvard University.
Microeconomics of Growth Advisory Board, World Bank, 2006-present.
Visiting Scholar, Federal Reserve Bank of San Francisco, 2005-present.
Visiting Scholar, Federal Reserve Bank of Kansas City, 2004-2006.
Visiting Scholar, Federal Reserve Bank of
NBER Research Associate 2003-present (Faculty Research Fellow, 1997-2003).
[Economic Fluctuations and Growth,
Monetary Economics]
Co-organizer with Chad Jones of the NBER group on Economic Growth,
2000-present.
Co-organizer of October 1995, October 2000, February 2004, and February 2009
NBER EFG meetings.
Associate Editor, Journal of Economic Perspectives,
2008-present.
Associate Editor, Quarterly Journal of Economics,
2008-present.
Associate Editor, Review
of Economic Dynamics, 2000-2005.
Associate Editor, The B.E. Journal in
Macroeconomics, 2000-2005.
Board of Editors, American
Economic Review, 2000-2006.
Grants and Awards
2007-2009 Kauffman Foundation
Grant
2003-present: Ralph Landau Chair, Department of Economics, Stanford University.
1999 MBA Teaching Award, Graduate School of Business, University of Chicago.
1993-1995: National Science Foundation grant for "Innovation and Business
Cycles."
1993 Executive MBA Teaching Award, Graduate School of Business,
1990-1991 Sloan Doctoral Dissertation Fellowship.
1988-1989 Graduate Distinguished Teaching Assistant Award.
February 2009