Frank Schorfheide is a Professor of Economics at the University of Pennsylvania and currently serves as Associate Chair and Undergraduate Chair of the Department of Economics. He is also a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Centre for Economic Policy Research (CEPR). He has been a Visiting Scholar at several central banks and currently serves as a Co-Editor of Quantitative Economics.
His research areas are econometrics and empirical macroeconomics. Much of his work can be classified as macroeconometrics and is related to the Bayesian analysis of dynamic stochastic general equilibrium (DSGE) models. His research provides a set of tools that are useful for empirical work with modern macroeconomic models, including forecasting and policy analysis. He has applied these methods to analyze the sources of business cycle fluctuations and to study the effects of monetary policy.