Six New Directors Elected to NBER Board, Fall 2025

Jason Abrevaya, Siwan Anderson, Stéphane Bonhomme, Gary Hansen, Bo Honoré, and Justin Muzinich were elected to the NBER Board of Directors at the Board’s September 29 meeting.

Abrevaya represents the University of Texas, Austin, where he is the Murray S. Johnson Professor of Economics and past department chair. He currently serves as Associate Dean for Graduate Education. His research combines econometric methodology and applied microeconomics; he has studied treatment effect estimation, birth outcomes, smoking, and vaccine mandates. He co-founded the Journal of Econometric Methods and is a director of the Western Economic Association International. Abrevaya received his AB in Applied Mathematics and Economics from Harvard University and his PhD in Economics from MIT.

Anderson represents the Canadian Economics Association. She is a professor at the Vancouver School of Economics at the University of British Columbia. Her research falls primarily in development economics, with an emphasis on micro level institutions and gender, property rights and marriage payments, caste and trade, and local governance. Much of her research focuses on South Asia. A co-editor of the Journal of Development Economics, she earned her BSc in Mathematics, MA, and PhD in Economics from the University of British Columbia.

Bonhomme represents the University of Chicago, where he is the Ann L. and Lawrence B. Buttenwieser Professor of Economics. His research focuses on microeconometrics and econometric theory. He has developed methods for estimating latent variable and factor models and advanced methods for analyzing nonlinear panel data. He has applied these tools to study labor economics issues using administrative and matched employer-employee data. Bonhomme was an undergraduate at the École Normale Supérieure de Lyon and he received his PhD in Economics from Université Paris I Panthéon-Sorbonne. He is a Fellow of the Econometric Society.

Hansen represents the University of California, Los Angeles, where he is a professor of economics and past department chair. His research focuses on macroeconomic fluctuations and equilibrium models of business cycles, with an emphasis on how labor market frictions can amplify the impact of economic shocks on hours of work. He has also studied fiscal policy in Japan, consumption taxation, and the macroeconomics of publicly provided health insurance and long-term care. Hansen received his undergraduate degree in economics and mathematics from the University of Puget Sound, and his PhD in economics from the University of Minnesota.

Honoré represents Princeton University, where he is the Class of 1913 Professor of Political Economy and Professor of Economics, a past department chair, and the current director of Graduate Studies and Admissions. He has made key contributions to the design and analysis of semiparametric and nonparametric econometric methods, selection and truncation models, dynamic discrete choice, and panel data approaches to unobserved heterogeneity. Honoré was an undergraduate at the University of Aarhus and received his PhD in Economics from the University of Chicago. He has served as Vice-Chair of the Danish National Research Foundation and is a fellow of the Econometric Society and a member of the American Academy of Arts and Sciences.

Muzinich, an at-large board member, is the Chief Executive Officer of Muzinich & Co, a New York-headquartered investment firm specializing in public and private corporate credit. From 2018 to 2021, he served as US Deputy Secretary of the Treasury, overseeing domestic and national security policy for the Treasury, helping to lead the economic response to COVID 19, and representing the US at the G7, the G20, and the OECD. He has served as a Distinguished Fellow at the Council on Foreign Relations (CFR) and as a senior fellow at the John F. Kennedy School of Government at Harvard University. He is a director of the CFR and New York Presbyterian Hospital. Muzinich holds an undergraduate degree in Social Studies from Harvard College, a JD from Yale Law School, and an MBA from the Harvard Business School.

The Board also reelected at-large directors Peter Henry and Hal Varian, Joel Mokyr, who represents Northwestern University, and Dana Peterson, who represents the Conference Board. Alan Deardorff and Gregor Smith were elected to emeritus rank.