NBER Appoints 51 Research Associates, Fall 2025

October 8, 2025

The NBER Board of Directors appointed 51 research associates, 49 of whom were promoted from faculty research fellows, at its September 2025 meeting. Two of the new appointees were former research associates who resigned from the NBER for public service and who have returned to their universities. Research associates must be tenured faculty members at North American colleges or universities; their appointments are recommended to the board by directors of the NBER’s 19 research programs, typically after consultation with a steering committee of leading scholars. The new research associates are affiliated with 33 different colleges and universities, and they received graduate training at 27 different institutions. Following the promotions, the NBER has 1576 research associates and 270 faculty research fellows. The names and universities of the new research associates and their NBER program affiliations are listed below.

Name	University Affiliation	University of PhD	Program
Vellore Arthi	UC, Irvine	University of Oxford	Development of the American Economy
Tania Babina	University of Maryland	University of North Carolina	Productivity, Innovation, and Entrepreneurship
Vittorio Bassi	University of Southern California	University College London	Development Economics
Patrick Button	Tulane University	UC, Irvine	Economics of Aging
Alberto Cavallo	Harvard University	Harvard University	International Finance and Macroeconomics
Jonathan Dingel	Columbia University	Columbia University	International Trade and Investment
Winston Wei Dou	University of Pennsylvania	MIT	Asset Pricing
Mark Egan	Harvard University	University of Chicago	Corporate Finance
Andreas Ferrara	University of Pittsburgh	University of Warwick	Development of the American Economy
Martin Fiszbein	Boston University	Brown University	Development of the American Economy, Political Economy
Teresa Fort	Dartmouth College	University of Virginia	International Trade and Investment
Jorge García	Texas A&M University	University of Chicago	Children and Families
Gita Gopinath*	Harvard University	Princeton University	International Finance and Macroeconomics, Economic Fluctuations and Growth, and Monetary Economics
Johannes Haushofer	Cornell University	University of Zurich	Development Economics
Bernard Herskovic	UC, Los Angeles	New York University	Asset Pricing
Kilian Huber	University of Chicago	London School of Economics	Monetary Economics
Matthew Johnson	Duke University	Boston University	Labor Studies
Karam Kang	University of Wisconsin-Madison	University of Pennsylvania	Political Economy
Adam Kapor	Princeton University	Yale University	Industrial Organization
Krzysztof Karbownik	Emory University	Uppsala University	Children and Families and Economics of Education
Chad Kendall	University of Miami	University of British Columbia	Political Economy
Adriana Kugler*	Georgetown University	UC, Berkeley	Labor Studies and Children and Families
Thibault Lamadon	University of Chicago	University College London	Labor Studies
Tim Landvoigt	University of Pennsylvania	Stanford University	Asset Pricing
Ernest Liu	Princeton University	MIT	International Trade and Investment, Development Economics, and Economic Fluctuations and Growth
Benjamin Lockwood	University of Pennsylvania	Harvard University	Public Economics
Corina Mommaerts	University of Wisconsin-Madison	Yale University	Economics of Aging, Public Economics, and Economics of Health
Alan Moreira	New York University	University of Chicago	Asset Pricing
Richard Murphy	University of Texas at Austin	University College London	Economics of Education
Emily Nix	University of Southern California	Yale University	Law and Economics and Labor Studies
Michaela Pagel	Washington Univ in St. Louis	UC, Berkeley	Asset Pricing
Cecilia Parlatore	New York University	New York University	Asset Pricing
Petra Persson	Stanford University	Columbia University	Public Economics, Economics of Health, and Children and Families
Nolan Pope	University of Maryland	University of Chicago	Economics of Education
Tommaso Porzio	Columbia University	Yale University	Development Economics
Robert Richmond	New York University	UC, Los Angeles	Asset Pricing
Evan Riehl	Cornell University	Columbia University	Economics of Education
Matthew Rognlie	Northwestern University	MIT	Monetary Economics and Economic Fluctuations and Growth
Raffaele Saggio	University of British Columbia	UC, Berkeley	Labor Studies
Seth Seabury	University of Southern California	Columbia University	Economics of Health
Bradley Setzler	Pennsylvania State University	University of Chicago	Labor Studies
Jorg Spenkuch	Northwestern University	University of Chicago	Political Economy
Ann Huff Stevens**	University of Colorado-Boulder	University of Michigan	Labor Studies and Children and Families
Maria Micaela Sviatschi	Princeton University	Columbia University	Development Economics and Political Economy
Eric Taylor	Harvard University	Stanford University	Economics of Education
Rosen Valchev	Boston College	Duke University	International Finance and Macroeconomics
Emil Verner	MIT	Princeton University	International Finance and Macroeconomics, Corporate Finance, and Development of the American Economy
Melanie Wasserman	UC, Los Angeles	MIT	Labor Studies and Economics of Education
Michael Weber	Purdue University	UC, Berkeley	Asset Pricing and Monetary Economics
Barton Willage	University of Delaware	Cornell University	Economics of Health
Kevin Williams	Yale University	University of Minnesota	Industrial Organization

* Returning from Government service
** Promotion following NBER Board service

NBER Appoints 51 Research Associates, Fall 2025

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