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Program for Resident Scholars
Resident scholars are selected from the top academic and policy institutions in fields related to the Bank’s broad policy interests. The scholars pursue their own research while providing intellectual leadership by advising and collaborating with our staff of more than sixty economists. They present their own work at Research Group seminars and attend presentations by others.
The resident scholars also work closely with the director of research, and have the opportunity to contribute to the Bank's main policymaking discussions on topics such as monetary policy and macroeconomics, international economics, banking supervision and regulation, capital markets, financial stability, and applied microeconomics with an emphasis on regional and national issues.
The program complements our Visiting Scholars Program, in which economists from major research institutions present their own work and make themselves available to discuss our staff's current research.
The resident scholars also work closely with the director of research, and have the opportunity to contribute to the Bank's main policymaking discussions on topics such as monetary policy and macroeconomics, international economics, banking supervision and regulation, capital markets, financial stability, and applied microeconomics with an emphasis on regional and national issues.
The program complements our Visiting Scholars Program, in which economists from major research institutions present their own work and make themselves available to discuss our staff's current research.
For the 2024-25 academic year, the Research and Statistics Group is pleased to have in residence Jennifer La'O, an Associate Professor of Economics at Columbia University in the Department of Economics.
Jennifer La'O 11/24-1/25
Professor La’O is an Associate Professor of Economics at Columbia University in the Department of Economics, a Research Associate at the National Bureau of Economic Research (NBER) and a Research Fellow at the Centre for Economic Policy Research (CEPR). From 2020-21 she served as a Monetary Advisor at the Federal Reserve Bank of Minneapolis, and from 2016-17 was a Visiting Fellow at the Stanford Institute for Economic Policy Research.
Prior to joining the economics department faculty at Columbia, Professor La’O was an Assistant Professor of Economics at the University of Chicago Booth School of Business. She received her Ph.D. from MIT in 2010 and, in 2016, she was a recipient of the NSF CAREER award. Professor La’O is a macroeconomist and an applied theorist.
Her research focuses on the effects of informational frictions on business cycles and the macroeconomic implications of micro distortions in production networks. Her work often applies game-theoretic tools to answer macroeconomic questions.
Jennifer La'O 11/24-1/25
Previous Resident Scholars
Darrell Duffie 9/22-3/23
Professor of Management and Professor of Finance at Stanford Graduate School of Business.
Professor of Management and Professor of Finance at Stanford Graduate School of Business.
Simon Gilchrist 5/19-12/20
Professor of Economics at New York University
Professor of Economics at New York University
Peter Diamond 04/19
Institute Professor Emeritus at MIT
Institute Professor Emeritus at MIT
Peter Diamond 03/18 - 05/18
Institute Professor Emeritus at MIT
Institute Professor Emeritus at MIT
Peter Diamond 03/17 - 05/17
Institute Professor Emeritus at MIT
Institute Professor Emeritus at MIT
Kenneth D. West 01/17 - 06/17
John D. MacArthur and Ragnar Frisch Professor of Economics at the University of Wisconsin-Madison
John D. MacArthur and Ragnar Frisch Professor of Economics at the University of Wisconsin-Madison
S. “Vish” Viswanathan 11/15 - 07/16
F. M. Kirby Professor of Investment Banking, Fuqua School of Business, Duke University
F. M. Kirby Professor of Investment Banking, Fuqua School of Business, Duke University
Peter Diamond 02/16 - 05/16
Institute Professor Emeritus at MIT
Institute Professor Emeritus at MIT
Robert Townsend 09/14 - 05/15
Elizabeth and James Killian Professor of Economics, MIT, and Research Professor, University of Chicago
Elizabeth and James Killian Professor of Economics, MIT, and Research Professor, University of Chicago
Peter Diamond 01/14 - 05/14
Institute Professor Emeritus at MIT
Institute Professor Emeritus at MIT
Simon Gilchrist 01/14 - 05/14
Professor of economics at Boston University and research associate at the National Bureau of Economic Research
Professor of economics at Boston University and research associate at the National Bureau of Economic Research
Christopher Sims 01/12 - 12/13
Co-recipient of the 2011 Nobel Prize in Economics and John F. Sherrerd ’52 University Professor of Economics at Princeton University
Co-recipient of the 2011 Nobel Prize in Economics and John F. Sherrerd ’52 University Professor of Economics at Princeton University
Mark J. Flannery, 01/09 - 12/10
Bank of America Eminent Scholar in Finance at the University of Florida
Bank of America Eminent Scholar in Finance at the University of Florida
Douglas Gale, 01/09 - 12/10
Silver Professor and Professor of Economics at New York University
Silver Professor and Professor of Economics at New York University
Eric Ghysels, 12/08 - 08/09
Professor of Economics at the University of North Carolina at Chapel Hill
Professor of Economics at the University of North Carolina at Chapel Hill
John Leahy, 01/08-12/08
Professor of Economics at New York University
Professor of Economics at New York University
Mark Gertler, 07/06-12/07
Henry and Lucy Moses Professor of Economics at New York University and Chair of the Economics Department
Henry and Lucy Moses Professor of Economics at New York University and Chair of the Economics Department
Suresh M. Sundaresan, 01/06-07/06
Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School
Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia Business School
Nobuhiro Kiyotaki, 08/05-07/06
Cassel Professor of Economics at the London School of Economics
Cassel Professor of Economics at the London School of Economics
Jiang Wang, 09/04-04/05
Nanyang Technological University Professor of Finance at the MIT Sloan School of Management
Nanyang Technological University Professor of Finance at the MIT Sloan School of Management
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