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Daniel Aaronson

Senior Vice President and Associate Director of Research

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Daniel Aaronson is senior vice president and associate director of research at the Federal Reserve Bank of Chicago. Prior to his current position, he led the Bank’s applied microeconomics group and served as editor of the Chicago Fed Letter.

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, 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.

Economic Perspectives
Daniel Aaronson, Luojia Hu, Arian Seifoddini, Daniel G. Sullivan | 2014 | Vol. 38 | 4th Quarter Download
Daniel Aaronson, Bhash Mazumder, Shani Schechter | 2010 | Vol. 34 | No. 2 | 2nd Quarter Download
Daniel Aaronson, Katherine Meckel | 2009 | Vol. 33 | 4th Quarter Download
Daniel Aaronson, Kyung H. Park, Daniel G. Sullivan | 2006 | Vol. 30 | No. 1 Download
Daniel Aaronson, Ellen Rissman, Daniel G. Sullivan | 2004 | Vol. 28 | No. 2 | May | 2nd Quarter Download
Daniel Aaronson, Ellen Rissman, Daniel G. Sullivan | 2004 | Vol. 28 | No. 2 | May | 2nd Quarter Download
Daniel Aaronson, Daniel G. Sullivan | 2001 | Vol. 25 | No. 4 | November | 4th Quarter Download
Daniel Aaronson, Daniel G. Sullivan | 2000 | Vol. 24 | No. 2 | May | 2nd Quarter Download
Daniel Aaronson, Kenneth Housinger | 1999 | Vol. 23 | No. 2 | May | 2nd Quarter Download
Daniel Aaronson, Daniel G. Sullivan | 1998 | Vol. 22 | No. 1 | March Download
Working Papers
Daniel Aaronson, Daniel Hartley, Bhash Mazumder, Martha Stinson | 2022 | No. 2022-13 | April Download
Scott A. Brave, Michael Fogarty, Daniel Aaronson, Ezra Karger, Spencer Krane | 2021 | No. 2021-05 | March Download
Daniel Aaronson, Jacob Faber , Daniel Hartley, Bhash Mazumder, Patrick Sharkey | 2020 | No. 2020-33 | December Download
Daniel Aaronson, Brian J. Phelan | 2020 | No. 2020-16 | July Download
Daniel Aaronson, Scott A. Brave, R. Andrew Butters, Daniel Sacks, Boyoung Seo | 2020 | No. 2020-10 | April Download
Daniel Aaronson, Rajeev Dehejia, Andrew Jordan, Cristian Pop-Eleches, Cyrus Samii, Karl Schulze | 2017 | No. 2017-14 Download
Daniel Aaronson, Daniel Hartley, Bhash Mazumder | 2017 | No. 2017-12 Download
Daniel Aaronson, Brian J. Phelan | 2017 | No. 2017-03 Download
Daniel Aaronson, Eric French, Isaac Sorkin | 2013 | No. 2013-26 Download
Daniel Aaronson, Fabian Lange, Bhash Mazumder | 2011 | No. 2011-09 | November Download
Daniel Aaronson, Bhash Mazumder | 2009 | No. 2009-26 | December Download
Daniel Aaronson, Sumit Agarwal, Eric French | 2007 | No. 2007-23 | November Download
Daniel Aaronson, Bhash Mazumder | 2005 | No. 2005-12 Download
Daniel Aaronson, Eric French, James MacDonald | 2004 | No. 2004-21 Download
Daniel Aaronson, Eric French | 2003 | No. 2003-17 Download
Daniel Aaronson, Lisa Barrow, William Sander | 2002 | No. 2002-28 Download
Daniel Aaronson, Raphael Bostic, Paul Huck, Robert Townsend | 2000 | No. 2000-28 Download
Daniel Aaronson, Daniel G. Sullivan | 2000 | No. 2000-27 Download
Daniel Aaronson, James MacDonald | 2000 | No. 2000-20 Download
Daniel Aaronson | 1999 | No. 1999-23 Download
Daniel Aaronson | 1997 | No. 1997-03 Download

Selected Journal Articles

“Wage Shocks and the Technological Substitution of Low-Wage Jobs”

With Brian Phelan, forthcoming, Economic Journal.

“Industry Dynamics and the Minimum Wage: A Putty-Clay Approach,"

With Eric French, Isaac Sorkin, and Ted To, 2017, International Economic Review, forthcoming.

“Fertility Transitions along the Extensive and Intensive Margins”

With Fabian Lange andBhashkar Mazumder, 2014, American Economic Review, Vol. 104, No. 11, November, pp. 3701-3724.
*Winner of the 2014 IPUMS Research Award.

“The Spending and Debt Response to Minimum Wage Hikes”

With Sumit Agarwal and Eric French, 2012, American Economic Review, Vol. 102, No. 7, December, pp. 3111-3139 (lead article).

“The Effect of Rosenwald Schools on Black Achievement”

With Bhashkar Mazumder, 2011, Journal of Political Economy, Vol. 119,  No. 5, October, pp. 821-888 (lead article).

Chicago Fed Letter No. 435

Publication

Supplemental Information

Appendix

Chicago Fed Letter No. 338

Publication

Supplemental Information

Appendix

Chicago Fed Letter No. 313
Presentation

Wages

July 15, 2015

Dan Aaronson, Bhashkar Mazumder, and Daniel Hartley | 2022 | February
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