American Economic Association Names Distinguished Fellows for 2026

The American Economic Association (AEA) has named four new Distinguished Fellows, three of whom, Marjorie McElroy, N. Gregory Mankiw, and Robert A. Margo, have long-standing ties to the NBER.  

Marjorie McElroy of Duke University has done path-breaking research in labor economics with a focus on the application of bargaining theory to understand within-household decision making. She served on the NBER Board of Directors for 32 years and is currently a director emeritus. 

N. Gregory Mankiw of Harvard University has contributed foundational improvements to our understanding of price stickiness, consumer behavior, economic fluctuations, and economic growth. He is a research associate in the Monetary Economics and Economic Fluctuations and Growth programs. 

Robert A. Margo of Boston University, a pioneer in applying modern econometrics to the study of economic history, has made key progress in our understanding of US economic development in the 19th and early 20th centuries. He is a research associate in the Development of the American Economy and Labor Studies programs. 

The other new Distinguished Fellow is econometrician Donald Andrews of Yale University.

The AEA issued a press release covering these and other award announcements.