Emi Nakamura and Jón Steinsson Are New Co-Directors of Monetary Economics Program
Emi Nakamura, a professor at the Columbia Business School and Department of Economics, and Jón Steinsson, a professor of economics at Columbia University, are the new co-directors of the NBER's Program on Monetary Economics, succeeding Christina Romer and David Romer of the University of California, Berkeley.
Nakamura and Steinsson are frequent co-authors whose research interests touch on many of the core topics in monetary economics. Their work has contributed to the understanding of price setting and inflation, the mechanisms by which monetary policy affects real activity, the impacts of fiscal stimulus, and the measurement of price indices. They have been affiliates of the Monetary Economics Program since 2007.
In the fall of 2018, Nakamura and Steinsson will join the faculty of the University of California, Berkeley.

Nakamura is a co-editor of the American Economic Review and a member of the Congressional Budget Office's Panel of Economic Advisers. She received the Elaine Bennett Research Prize from the American Economic Association (AEA) in 2014. She is currently a member of the AEA's Committee on National Statistics. An undergraduate at Princeton University, she received her PhD from Harvard University.
Steinsson is the foreign editor of the Review of Economic Studies and an associate editor of the Quarterly Journal of Economics and the newly launched American Economic Review: Insights. He is a member of the advisory board of the NBER Macroeconomics Annual. Steinsson also received his undergraduate degree at Princeton and his PhD from Harvard.