Lutz Kilian is Professor of Economics at the University of Michigan, where he has taught since 1996. He has worked for the research department of the Inter-American Development Bank in Washington, DC, and from 2001-03, served as an adviser to the European Central Bank in Frankfurt/M., Germany. Professor Kilian has been a research visitor at the Federal Reserve Board, the European Central Bank, and the International Monetary Fund. He has also been a consultant for the International Monetary Fund, the Inter-American Development Bank, the World Trade Organization, the European Central Bank, the Bank of Canada, and the European Parliament, among others.
His research interests include time series econometrics, empirical macroeconomics, and energy economics, and has published over 70 articles, which have appeared in leading general interest and field journals in economics and statistics. Much of his recent research is concerned with the sources of fluctuations in the price of oil, with the transmission of oil price shocks, with the role of speculation in oil markets, and with oil price forecasting. Professor Kilian has been an Associate Editor of the Journal of Business and Economic Statistics, the Journal of Development Economics, and the Journal of Economic Dynamics and Control, among other journals. He is a research fellow of the Centre for Economic Policy Analysis, the Center for Financial Studies, and the Euro Area Business Cycle Network.