Codirectors
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.
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.
Featured Program Content
This paper studies people’s understanding of inflation–their perceived causes, consequences, trade-offs–and the...
We develop a framework to estimate bank franchise value. Contrary to existing models, sticky deposits and low deposit...
This paper uses barcode-level price data for 16 advanced and emerging market countries over the period 2005–2022 to...