description Amir Sufi Overview
Amir Sufi is an American economist and a professor of finance at the University of Chicago Booth School of Business. His primary research focuses on the macroeconomic implications of household debt, banking, and corporate finance. He co-authored the 2014 book "House of Debt" with Atif Mian, which argues that excessive household borrowing was a central driver of the severity of the 2008 global financial crisis. Sufi also serves as a co-director of the Chicago Project on Banking and Financial Stability.
insights Ranking position
Amir Sufi ranks #177 of 253 in the Economist ranking, behind Benjamin Olken, ahead of Carmen Reinhart.
help Amir Sufi FAQ
What notable book did Amir Sufi co-author?
He co-authored the 2014 book "House of Debt" with economist Atif Mian. The book analyzes how excessive household debt was a primary driver of the 2008 global financial crisis.
Where does Amir Sufi currently teach?
He is a professor of finance at the University of Chicago Booth School of Business. He is also a prominent voice in macroeconomic policy discussions.
What is Amir Sufi's primary area of economic research?
His research focuses heavily on the macroeconomic implications of household debt and corporate finance. He studies how consumer borrowing and banking structures impact broader economic stability.
What caused the Great Recession according to Amir Sufi?
Along with Atif Mian, he argues that a severe drop in household spending caused by heavily leveraged homeowners drove the crisis. Their research demonstrates that high debt levels amplified the economic shock when housing prices fell.
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