David Romer is the Herman Royer Professor of Political Economy at the University of California, Berkeley, where he studies monetary economics and macroeconomics. A recent working paper he co-authored with Christina Romer, "Transfer Payments and the Macroeconomy: The Effects of Social Security Benefit Changes, 1952-1991," argues that historical increases in Social Security transfers have had a larger immediate, but ultimately less persistent effect on consumption than exogenous tax changes.
The professor has thrice been the recipient of the University of California, Berkeley Graduate Economic Association's distinguished teaching and advising award. He is a fellow at the American Academy of Arts of Sciences and has been the recipient of grants from the National Science Foundation and the Alfred P. Sloan Foundation.
Romer is the codirector of the National Bureau of Economic Research's Monetary Economics Program. He is an editor for the Brookings Papers on Economic Activity, a member of the board of editors for the American Economic Journal: Macroeconomics, and an associate editor at the Journal of Money, Credit, and Banking. Prior to joining the department at Berkeley in 1988, Romer held an assistant professorship at Princeton University. Romer has held visiting professorships at Stanford University, and the Massachusetts Institute of Technology. He has served as a visiting scholar at the National Bureau of Economic Research and a junior staff economist at the Council of Economic Advisors.
Romer obtained his undergraduate education from Princeton. He went on to earn his PhD in 1985 from the Massachusetts Institute of Technology.