Members of the Council of Economic Advisers
Jason Furman was confirmed by the Senate on August 1, 2013 as the 28th Chairman of the Council of Economic Advisers. In this role, he serves as President Obama’s Chief Economist and a Member of the Cabinet. Furman has served the President since the beginning of the Administration, previously holding the position of Principal Deputy Director of the National Economic Council and Assistant to the President. Immediately prior to the Administration, Furman was Economic Policy Director for the President’s campaign in 2008 and a member of the Presidential Transition Team.
Furman held a variety of posts in public policy and research before his work with President Obama. In public policy, Furman worked at both the Council of Economic Advisers and National Economic Council during the Clinton administration and also at the World Bank. In research, Furman was a Senior Fellow at the Brookings Institution and the Center on Budget and Policy Priorities and also has served in visiting positions at various universities, including NYU’s Wagner Graduate School of Public Policy. Furman has conducted research in a wide range of areas, such as fiscal policy, tax policy, health economics, Social Security, and domestic and international macroeconomics. In addition to numerous articles in scholarly journals and periodicals, Furman is the editor of two books on economic policy. Furman holds a Ph.D. in economics from Harvard University.
Maurice Obstfeld is a member of the Council of Economic Advisers. He is on leave from the University of California, Berkeley, where he is the Class of 1958 Professor of Economics. He joined Berkeley in 1989 as a professor, following appointments at Columbia (1979-1986) and the University of Pennsylvania (1986-1989). He received his Ph.D. in economics from MIT in 1979.
Dr. Obstfeld previously served as an honorary advisor to the Bank of Japan's Institute of Monetary and Economic Studies. He is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. Among Dr. Obstfeld's honors are the American Economic Association’s Ely Lecture, Tilburg University’s Tjalling Koopmans Asset Award, and the Kiel Institute’s Bernhard Harms Prize and Lecture. His research focuses on exchange rates, international financial crises, global capital-market integration, and monetary policy in open economies. He is also the co-author of two leading textbooks on international economics.
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.