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Professor Chabot's research focuses on banking, the role of financial markets and institutions, asset prices, and financial stability. From 2010 to 2024, he served as an Economist and Senior Policy Advisor at the Federal Reserve Bank of Chicago, where he advised on financial stability during FOMC deliberations and led a systemwide team of economists and data scientists responsible for producing Dodd-Frank Stress Test results. During his time at the Fed, Professor Chabot taught undergraduate and Ph.D. classes at Northwestern University, also serving as an Adjunct Associate Professor of Economics. Before joining the Fed, he was a Visiting Assistant Professor and Senior Lecturer in the Departments of Economics and History at Yale University from 2008 to 2010, and an Assistant Professor at the University of Michigan from 2000 to 2008. Prior to earning his Ph.D. in Economics, he was an instructor at Northwestern University's McCormick School of Engineering in 1999.
The doctoral program at Booth is organized into 'dissertation areas' which include Accounting, Behavioral Science, Econometrics and Statistics, Finance, Marketing, and Operations Management.