Members of the Council of Economic Advisers
Jason Furman is the Chairman of the Council of Economic Advisers. He was confirmed by the U.S. Senate on August 1, 2013. Prior to this role, Furman served as Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council.
From 2007 to 2008 Furman was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institute. Previously, he served as a Staff Economist at the Council of Economic Advisers, a Special Assistant to the President for Economic Policy at the National Economic Council under President Clinton and Senior Adviser to the Chief Economist and Senior Vice President of the World Bank. Furman was the Economic Policy Director for Obama for America.
Furman, who earned his Ph.D. in economics and a M.A. in government from Harvard University and a M.Sc. in economics from the London School of Economics, has also served as Visiting Scholar at NYU’s Wagner Graduate School of Public Service, a visiting lecturer at Yale and Columbia Universities, and a Senior Fellow at the Center on Budget and Policy Priorities. He has conducted research in a wide range of areas, including fiscal policy, tax policy, health economics, Social Security, and monetary policy. In addition to numerous articles in scholarly journals and periodicals, Furman is the editor of several books on economic policy, including Path to Prosperity and Who Has the Cure.
James H. Stock is a member of the Council of Economic Advisers and is responsible for offering the President objective advice on the formulation of economic policy. Stock was previously the Chief Economist for the Council of Economic Advisers. He is on leave from Harvard University where he is the Harold Hitchings Burbank Professor of Political Economy in the Department of Economics, with a dual appointment in the Harvard Kennedy School. Dr. Stock served as Chair of the Harvard Economics Department from 2006 to 2009 and has been a professor at Harvard continuously since 1983, with the exception of a two-year appointment at UC Berkeley from 1990 to 1991.
His research focuses on macroeconomic forecasting, monetary policy, and econometric methods for the analysis of economic time series data. Dr. Stock is a coauthor of a leading introductory econometrics textbook and has been a member of various professional boards, including the Academic Advisory Board of the Federal Reserve Bank of Boston and the National Bureau of Economic Research Business Cycle Dating Committee.
He received a B.S. from Yale University and an M.A. in statistics and a Ph.D. in economics from the University of California, Berkeley.
Betsey Stevenson is a member of the Council of Economic Advisers. She is on leave from the University of Michigan’s Gerald R. Ford School of Public Policy and the Economics Department where she is an Associate Professor of Public Policy and Economics. She was also a Research Associate with the National Bureau of Economic Research, a Fellow of the Ifo Institute for Economic Research in Munich and has served on the Board of Directors of the American Law and Economics Association and the advisory board of the Brookings Papers on Economic Activity. She served as the Chief Economist of the US Department of Labor from 2010 to 2011, and has taught at the University of Pennsylvania’s Wharton School and Princeton and been a visiting scholar at the Philadelphia and San Francisco Federal Reserve Banks.
Dr. Stevenson is a labor economist who has published widely in leading economics journals. Her research examines the impact of public policies on the labor market, with a focus on women's labor market experiences, the economic forces shaping the modern family, and the potential value of subjective well-being data for public policy.
Stevenson received a B.S. from Wellesley College and an M.A. and Ph.D. in economics from Harvard University.