Jesús Fernández-Villaverde, Professor of Economics, is the Howard Marks Presidential Professor of Economics. Fernández-Villaverde, who is also a Research Associate for the National Bureau of Economic Research and Penn’s Population Studies Center, and a Research Affiliate for the Centre for Economic Policy Research, focuses his research on the computation and estimation of dynamic stochastic general equilibrium models, the standard tool of modern quantitative macroeconomics.

Fernández-Villaverde’s recent papers investigate topics such as the evaluation of the effects of fiscal uncertainty on economic activity, a study of asset pricing implications of DSGE models with Epstein-Zin preferences, and an investigation of the consequences of stochastic volatility for small open economies.