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Codirectors

Emi Nakamura

Emi Nakamura is a Chancellor’s Professor of Economics at the University of California, Berkeley. Her research interests center on monetary and fiscal policy, macroeconomic measurement, and the determinants of business cycles. She has been an NBER affiliate since 2007.

Jon Steinsson Profile.jpg

Jón Steinsson is a Chancellor’s Professor of Economics at the University of California, Berkeley. His research interests include price rigidity, the effects of monetary and fiscal policies on economic activity, and monetary policy design. He has been an NBER affiliate since 2007.

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Understanding the Lag Between CPI Shelter Inflation and Market Rents
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 For decades, the US government’s reputation as a stable and reliable financial partner has meant that investors around the world have been willing to buy...
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