He was previously a research economist at the Board of Governors of the Federal Reserve System in Washington, D.C.; Stuart Centennial Professor of Economics at the University of Texas at Austin; and Professor of Economics at Washington University in St. Louis.
Prior to his current position, he held roles as a research economist for the Board of Governors of the Federal Reserve System in Washington, D.C., a professor of economics at the University of Texas at Austin, and a professor of economics at Washington University in St. Louis.