Christopher Herrington

 ChristopherM. Herrington

Christopher M. Herrington

  • Courses3
  • Reviews11

Biography

University of South Alabama - Economics

Assistant Professor of Economics at Virginia Commonwealth University
Higher Education
Christopher
Herrington
Richmond, Virginia
I am an Assistant Professor in the Department of Economics at Virginia Commonwealth University. I earned a PhD in economics at Arizona State University. My research is primarily in macroeconomics, labor economics, education, and growth & development. I have worked at the Federal Reserve Banks in both Richmond and Minneapolis. During graduate school, I served as a research assistant for Professors Berthold Herrendorf (ASU), Edward C. Prescott (ASU & Minneapolis Fed), and Richard Rogerson (formerly ASU, now at Princeton). I have taught classes at both the undergraduate and graduate (MBA) levels including Principles of Micro and Macro, Macroeconomic Theory, and Managerial Economics.


Experience

  • Virginia Commonwealth University

    Assistant Professor of Economics

    Christopher worked at Virginia Commonwealth University as a Assistant Professor of Economics

  • Arizona State University

    Graduate Assistant

    Aug 2008 - May 2009: Research fellowship
    June 2009 - Aug 2009: Teaching Assistant for Managerial Economics (MBA)
    Aug 2008 - Dec 2010: Research assistant for Prof. Richard Rogerson
    Aug. 2010 - May 2012: Research assistant for Prof. Berthold Herrendorf
    Summers 2010, 2011: Research Analyst at Federal Reserve Bank of Minneapolis
    Summer 2012: Instructor for ECN 313, Intermediate Macroeconomic Theory
    Aug 2012 - Dec 2012: Teaching Assistant for Macroeconomic Principles

  • Federal Reserve Bank of Richmond

    Assistant Economist

    Served as research assistant for economists. Responsibilities included data collection and preparation, writing computer code to solve economic models, writing memos for internal use, refereeing papers for publication, and presenting economists and bank president with updates of national economic conditions prior to FOMC meetings.

  • Federal Reserve Bank of Minneapolis

    Research Analyst

    Research assistant for Prof. Edward C. Prescott

  • University of South Alabama

    Assistant Professor of Economics

    Christopher worked at University of South Alabama as a Assistant Professor of Economics

Education

  • Birmingham-Southern College

    BS

    Business Administration

  • Arizona State University, W. P. Carey School of Business

    PhD

    Economics
    Rondthaler Award for outstanding dissertation research; Hardison Award for best performance on microeconomics qualifying exam

  • Virginia Commonwealth University

    Mathematics
    Non-degree student taking graduate math courses in preparation for PhD program

  • Virginia Commonwealth University

    Assistant Professor of Economics



Publications

  • Sectoral Technology and Structural Transformation

    American Economic Journal: Macroeconomics

  • Sectoral Technology and Structural Transformation

    American Economic Journal: Macroeconomics

  • Public Education Financing, Earnings Inequality, and Intergenerational Mobility

    Review of Economic Dynamics

  • Sectoral Technology and Structural Transformation

    American Economic Journal: Macroeconomics

  • Public Education Financing, Earnings Inequality, and Intergenerational Mobility

    Review of Economic Dynamics

  • Factors affecting college attainment and student ability in the U.S. since 1900

    Review of Economic Dynamics

    We develop a dynamic life-cycle model to study long-run changes in college completion and the relative ability of college versus non-college students in the early twentieth century. The model is disciplined in part by constructing a historical time series on real college costs from printed government documents dating to 1916. The model captures nearly all of the increase in attainment and ability sorting between college and non-college individuals between the 1900 to 1950 birth cohorts. Time variation in college costs, the college earnings premium, and the precision of ability signals all play a critical role for explaining different data moments and time periods, primarily through their interaction with binding borrowing constraints. Our quantitative results imply that attainment is broadly driven by the interaction of changing real college costs and the rising earnings premium, while ability sorting is driven by the earnings premium and increasing precision of ability signals.

  • Sectoral Technology and Structural Transformation

    American Economic Journal: Macroeconomics

  • Public Education Financing, Earnings Inequality, and Intergenerational Mobility

    Review of Economic Dynamics

  • Factors affecting college attainment and student ability in the U.S. since 1900

    Review of Economic Dynamics

    We develop a dynamic life-cycle model to study long-run changes in college completion and the relative ability of college versus non-college students in the early twentieth century. The model is disciplined in part by constructing a historical time series on real college costs from printed government documents dating to 1916. The model captures nearly all of the increase in attainment and ability sorting between college and non-college individuals between the 1900 to 1950 birth cohorts. Time variation in college costs, the college earnings premium, and the precision of ability signals all play a critical role for explaining different data moments and time periods, primarily through their interaction with binding borrowing constraints. Our quantitative results imply that attainment is broadly driven by the interaction of changing real college costs and the rising earnings premium, while ability sorting is driven by the earnings premium and increasing precision of ability signals.

  • On the Sources of Movements in Inflation Expectations

    Federal Reserve Bank of Richmond Economic Quarterly

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