Council of Economic Advisers

Members of the Council of Economic Advisers

Alan B. Krueger

Image of Alan B. Krueger Alan B. Krueger is the Chairman of President Barack Obama’s Council of Economic Advisers and a member of the Cabinet.  Mr. Krueger was confirmed by the U.S. Senate on November 3, 2011.  Previously, Mr. Krueger served in the Obama Administration as Assistant Secretary for Economic Policy and Chief Economist at the U.S. Department of the Treasury. 

He is currently on leave from Princeton University, where he is the Bendheim Professor of Economics and Public Affairs. He has held a joint appointment in the Economics Department and the Woodrow Wilson School at Princeton since 1987. In 1994-95, Mr. Krueger served as Chief Economist at the U.S. Department of Labor.

A labor economist, Krueger has published widely on unemployment, the economics of education, unemployment, income distribution, social insurance, regulation, terrorism, finance and the environment. He has been a research associate of the National Bureau of Economic Research, a member of the editorial board of Science, and has served as chief economist for the Council for Economic Education. He is the author of What Makes A Terrorist: Economics and the Roots of Terrorism and Education Matters: A Selection of Essays on Education, and co-author of Myth and Measurement: The New Economics of the Minimum Wage and of Inequality in America: What Role for Human Capital Policies?

Prior to assuming his current position, Mr. Krueger was a member of the Board of Directors of the MacArthur Foundation and the Center for Economic Research and Graduate Education at Charles University in the Czech Republic, and a senior scientist for the Gallup Organization.  He was named a Sloan Fellow in Economics in 1992 and an NBER Olin Fellow in 1989-90. He was elected a Fellow of the Econometric Society in 1996, a Fellow of the Society of Labor Economists in 2005 and a member of the Executive Committee of the American Economic Association in 2004.  He was awarded the Kershaw Prize by the Association for Public Policy and Management in 1997 and the Mahalanobis Memorial Medal by the Indian Econometric Society in 2001.  In 2002, he was elected a Fellow of the American Academy of Arts & Sciences, and in 2003 he was elected a Fellow of the American Academy of Political and Social Science.  He was awarded the IZA Prize in Labor Economics with David Card in 2006.  From March 2000 to February 2009, he was a regular contributor to the "Economic Scene" and Economix blog in The New York Times.

Alan Krueger received a B.S. degree, with honors, from Cornell University’s School of Industrial & Labor Relations in 1983, an A.M. in Economics from Harvard University in 1985, and a Ph.D. in Economics from Harvard University in 1987.  

James H. Stock

Image of Alan B. Krueger 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.