Daniel Aaronson
Senior Vice President and Interim Director of Research
About
Daniel Aaronson is senior vice president and interim director of research at the Federal Reserve Bank of Chicago. Prior to his current position, he led the Bank’s applied microeconomics group.
Aaronson’s research has primarily been in labor economics and economic history. It has been published in leading academic journals, including the Journal of Political Economy, American Economic Review, Journal of Economic Literature, American Economic Journal, Review of Economics and Statistics, Economic Journal, and Journal of Labor Economics, and has also been featured in Chicago Fed publications, including Economic Perspectives and Chicago Fed Letter.
Aaronson joined the Chicago Fed in 1996 after obtaining his Ph.D. in economics from Northwestern University. He received his B.A. from Washington University in St Louis. He has taught microeconomics as an adjunct professor at Northwestern’s Kellogg School of Management since 2009.
Bank Publications
Chicago Fed Insights
Daniel Aaronson, Helen Burkhardt, Jason Faberman | 2020 | April
Daniel Aaronson, Helen Burkhardt, Jason Faberman | 2020 | April
Chicago Fed Letter
Daniel Aaronson, Riley Lewers, Daniel G. Sullivan | 2021 | No. 455 | April
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Daniel Aaronson, Luojia Hu, Aastha Rajan | 2021 | No. 450 | January
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Daniel Aaronson, Scott A. Brave, R. Andrew Butters, Michael Fogarty | 2020 | No. 436 | May
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Daniel Aaronson, Luojia Hu, Aastha Rajan | 2020 | No. 435 | April
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Daniel Aaronson, Luojia Hu, Aastha Rajan | 2019 | No. 421
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Daniel Aaronson, Brian J. Phelan | 2019 | No. 413
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Daniel Aaronson, Scott A. Brave, Ross Cole | 2016 | No. 366
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Daniel Aaronson, Scott A. Brave, David Kelley | 2016 | No. 359
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Daniel Aaronson, Luojia Hu, Arian Seifoddini, Daniel G. Sullivan | 2015 | No. 338
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Daniel Aaronson, Andrew Jordan | 2014 | No. 327 | October
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Daniel Aaronson, Darren Lubotsky | 2014 | No. 323 | June
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Daniel Aaronson, Eric French | 2013 | No. 313 | August
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Daniel Aaronson, Scott A. Brave | 2013 | No. 312 | July
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Daniel Aaronson, Jonathan Davis, Luojia Hu | 2012 | No. 296 | March
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Daniel Aaronson, Jonathan Davis | 2011 | No. 290 | September
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Daniel Aaronson, Scott A. Brave | 2009 | No. 263 | June
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Daniel Aaronson, Katherine Meckel | 2008 | No. 254 | September
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Daniel Aaronson, Kyung H. Park, Daniel G. Sullivan | 2007 | No. 234 | January
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Daniel Aaronson | 2004 | No. 206 | September
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Daniel Aaronson, Daniel G. Sullivan | 2003 | No. 189 | May
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Daniel Aaronson, Daniel G. Sullivan | 2002 | No. 174 | February
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Daniel Aaronson, Daniel G. Sullivan | 2001 | No. 165 | May
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Daniel Aaronson, Eric French | 2000 | No. 156 | August
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Daniel Aaronson, Daniel G. Sullivan | 1998 | No. 136 | December
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Economic Perspectives
Daniel Aaronson, Luojia Hu, Arian Seifoddini, Daniel G. Sullivan | 2014 | Vol. 38 | 4th Quarter
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Daniel Aaronson, Bhash Mazumder, Shani Schechter | 2010 | Vol. 34 | No. 2 | 2nd Quarter
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Daniel Aaronson, Katherine Meckel | 2009 | Vol. 33 | 4th Quarter
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Daniel Aaronson, Kyung H. Park, Daniel G. Sullivan | 2006 | Vol. 30 | No. 1
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Daniel Aaronson, Ellen Rissman, Daniel G. Sullivan | 2004 | Vol. 28 | No. 2 | May | 2nd Quarter
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Daniel Aaronson, Ellen Rissman, Daniel G. Sullivan | 2004 | Vol. 28 | No. 2 | May | 2nd Quarter
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Daniel Aaronson, Daniel G. Sullivan | 2001 | Vol. 25 | No. 4 | November | 4th Quarter
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Daniel Aaronson, Daniel G. Sullivan | 2000 | Vol. 24 | No. 2 | May | 2nd Quarter
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Daniel Aaronson, Kenneth Housinger | 1999 | Vol. 23 | No. 2 | May | 2nd Quarter
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Daniel Aaronson, Daniel G. Sullivan | 1998 | Vol. 22 | No. 1 | March
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Policy Brief
Daniel Aaronson, Bhash Mazumder, Daniel Hartley | 2022 | February
Working papers
Working Papers
Daniel Aaronson, Mark Borgschulte, Sunny Liu, Bhash Mazumder | 2024 | No. 2024-06 | March
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Daniel Aaronson, Joel Kaiyuan Han, Daniel Hartley, Bhash Mazumder | 2023 | No. 2023-33 | September
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Daniel Aaronson, Daniel Hartley, Bhash Mazumder, Martha Stinson | 2022 | No. 2022-13 | April
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Tracking U.S. Consumers in Real Time with a New Weekly Index of Retail Trade (REVISED November 2021)
Scott A. Brave, Michael Fogarty, Daniel Aaronson, Ezra Karger, Spencer Krane | 2021 | No. 2021-05 | March
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Daniel Aaronson, Jacob Faber , Daniel Hartley, Bhash Mazumder, Patrick Sharkey | 2020 | No. 2020-33 | December
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Daniel Aaronson, Brian J. Phelan | 2020 | No. 2020-16 | July
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Daniel Aaronson, Scott A. Brave, R. Andrew Butters, Daniel Sacks, Boyoung Seo | 2020 | No. 2020-10 | April
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Daniel Aaronson, Jonathan Davis, Karl Schulze | 2018 | No. 2018-04
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Daniel Aaronson, Rajeev Dehejia, Andrew Jordan, Cristian Pop-Eleches, Cyrus Samii, Karl Schulze | 2017 | No. 2017-14
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Daniel Aaronson, Daniel Hartley, Bhash Mazumder | 2017 | No. 2017-12
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Daniel Aaronson, Brian J. Phelan | 2017 | No. 2017-03
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Daniel Aaronson, Eric French, Isaac Sorkin | 2013 | No. 2013-26
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Daniel Aaronson, Fabian Lange, Bhash Mazumder | 2011 | No. 2011-09 | November
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Daniel Aaronson, Bhash Mazumder | 2009 | No. 2009-26 | December
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Daniel Aaronson, Sumit Agarwal, Eric French | 2007 | No. 2007-23 | November
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Daniel Aaronson, Bhash Mazumder | 2005 | No. 2005-12
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Daniel Aaronson, Eric French, James MacDonald | 2004 | No. 2004-21
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Daniel Aaronson, Eric French | 2003 | No. 2003-17
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Daniel Aaronson, Lisa Barrow, William Sander | 2002 | No. 2002-28
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Daniel Aaronson, Eric French | 2002 | No. 2002-22
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Daniel Aaronson, Eric French | 2001 | No. 2001-20
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Daniel Aaronson, Raphael Bostic, Paul Huck, Robert Townsend | 2000 | No. 2000-28
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Daniel Aaronson, Daniel G. Sullivan | 2000 | No. 2000-27
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Daniel Aaronson, James MacDonald | 2000 | No. 2000-20
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Daniel Aaronson | 1999 | No. 1999-23
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Daniel Aaronson | 1998 | No. 1998-11
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Daniel Aaronson | 1997 | No. 1997-03
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Selected External Publications
Acceptances in Academic Journals and Books
Aaronson, Daniel, and Brian J. Phelan, 2024, “The evolution of technological substitution in low-wage labor markets,” Review of Economics and Statistics, Vol. 106, No. 4, July, pp. 1045–1063. 20240701050000
Aaronson, Daniel, Scott A. Brave, Andrew Butters, Michael Fogarty, Daniel Sacks, and Boyoung Seo, 2022, “Forecasting unemployment insurance claims in real time with Google Trends,” International Journal of Forecasting, Vol. 38, No. 2, April–June, pp. 567–581. 20220401050000
Aaronson, Daniel, Rajeev Dehejia, Andrew Jordan, Cristian Pop-Eleches, Cyrus Samii, and Karl Schulze, 2021, “The effect of fertility on mothers’ labor supply over the last two centuries,” Economic Journal, Vol. 131, No. 633, January, pp. 1–32, (accepted January 9, 2020). 20210101060000
Aaronson, Daniel, Daniel Hartley, and Bhash Mazumder, 2021, “The effects of the 1930s HOLC ‘redlining’ maps,” American Economic Journal: Economic Policy, Vol. 13, No. 4, November, pp. 355–392, (accepted October 20, 2020). 20211101050000
Aaronson, Daniel, Jacob Faber, Daniel Hartley, Bhash Mazumder, and Patrick Sharkey, 2021, “The long-run effects of the 1930s HOLC ‘redlining’ maps on place-based measures of economic opportunity and socioeconomic success,” Regional Science and Urban Economics, Vol. 86, 103622, January. 20210101060000
Aaronson, Daniel, Bhash Mazumder, Seth G. Sanders, and Evan Taylor, 2021, “Estimating the effect of school quality on mortality in the presence of migration: Evidence from the Jim Crow South,” Journal of Labor Economics, Vol. 39, No. 2, April. 20210401050000
Aaronson, Daniel, Scott A. Brave, Andrew Butters, and Daniel Sacks, 2020, “Using the eye of the storm to predict the wave of Covid-19 UI claims,” Covid Economics: Vetted and Real-Time Papers, Vol. 1, No. 9, April, pp. 59–76, (accepted April 18, 2020). 20200401050000
Aaronson, Daniel, Jonathan Davis, and Karl Schulze, 2020, “Internal immigrant mobility in the early 20th century: Evidence from Galveston, Texas,” Explorations in Economic History, Vol. 76, 101317, April. 20200401050000
Aaronson, Daniel, and Brian J. Phelan, 2019, “Wage shocks and the technological substitution of low-wage jobs,” Economic Journal, Vol. 129, No. 617, January, pp. 1–34, (accepted February 21, 2017). 20190101060000
Aaronson, Daniel, Sumit Agarwal, Julie L. Hotchkiss, and Taylor Kelley, 2019, “Job displacement and financial outcomes,” Economics Letters, Vol. 177, April, pp. 18–21. 20190401050000
Aaronson, Daniel, Eric French, Isaac Sorkin, and Ted To, 2018, “Industry dynamics and the minimum wage: A putty-clay approach,” International Economic Review, Vol. 59, No. 1, February, pp. 51–84. 20180201060000
Aaronson, Daniel, Joel Kaiyuan Han, Daniel Hartley, and Bhash Mazumder, “The lasting impact of historical residential security maps on experienced segregation,” Real Estate Economics, forthcoming.
Selected Journal Articles
With Brian Phelan, forthcoming, Economic Journal.
“Wage Shocks and the Technological Substitution of Low-Wage Jobs”
With Eric French, Isaac Sorkin, and Ted To, 2017, International Economic Review, forthcoming.
“Industry Dynamics and the Minimum Wage: A Putty-Clay Approach,"
With Fabian Lange andBhashkar Mazumder, 2014, American Economic Review, Vol. 104, No. 11, November, pp. 3701-3724.
*Winner of the 2014 IPUMS Research Award.
With Sumit Agarwal and Eric French, 2012, American Economic Review, Vol. 102, No. 7, December, pp. 3111-3139 (lead article). “The Spending and Debt Response to Minimum Wage Hikes”
With Bhashkar Mazumder, 2011, Journal of Political Economy, Vol. 119, No. 5, October, pp. 821-888 (lead article).
“The Effect of Rosenwald Schools on Black Achievement”Presentations and Other Resources
Chicago Fed Letter No. 435
Chicago Fed Letter No. 338
Chicago Fed Letter No. 313
Presentation
July 15, 2015
Contributions to Vox Blog
With Rajeev Dehejia, Andrew Jordan, Cristian Pop-Eleches , Cyrus Samii, and Karl Schulze, 2017, "The effect of fertility on mothers’ labour supply over the last two centuries," September 15.
