Kyle Herkenhoff is an associate professor at the University of Minnesota and a senior economist at the Federal Reserve Bank of Minneapolis. He received grants in the past while an employee at the University of Minnesota. He has interests in macroeconomics, applied macroeconomics, and real estate economics. His dissertation research, which was awarded the Welton Prize in Macroeconomics at the University of California, Los Angeles and the Institute of Humane Studies Dissertation Fellowship, looked at the rise of unsecured credit access among the unemployed during the mid-1980s and its role in jobless recoveries. He received his B.A. in business economics from the the University of California, Los Angeles, as well as his M.A. and Ph.D. in economics.