Obstfeld, Maurice

Class of 1958 Professor of Economics; Professor of the Graduate School; Chancellor's Professor Emeritus
FinanceInternational EconomicsMacroeconomics
Teaching Status:
Emeritus
Fields:
International economics, macroeconomics, monetary economics
PhD:
Ph.D. Massachusetts Institute of Technology, 1979
Research:
Foreign exchange intervention, intertemporal approach to the current account, dynamic consistency in economic policy, credibility of exchange rate regimes, European monetary integration
Current Research:
Dynamic open-economy models with nominal rigidities, exchange rates and international financial crises, global capital-market integration in historical perspective, monetary policy in open economies
Short Biography

Maurice Obstfeld is the Class of 1958 Professor of Economics Emeritus.  He joined Berkeley in 1989 as a professor, following appointments at Columbia (1979-1986) and the University of Pennsylvania (1986-1989).  He was also a visiting professor at Harvard between 1989 and 1991.  He received his Ph.D. from MIT in 1979, following degrees from the University of Pennsylvania and the University of Cambridge.  In 2014-2015 he was a Member of President Obama’s Council of Economic Advisers, and from 2015-2018 he served as chief economist at the International Monetary Fund.  Before that, he served as an honorary adviser to the Bank of Japan’s Institute of Monetary and Economic Studies.  Among Professor Obstfeld's honors are the Frank Graham Lecture at Princeton, the inaugural Mundell-Fleming Lecture of the International Monetary Fund, the Bernhard Harms Prize and Lecture of the Kiel Institute for World Economy, and the Richard Ely Lecture of the American Economic Association.  Professor Obstfeld is a Fellow of the Econometric Society and the American Academy of Arts and Sciences.  He is active as a research fellow of the Centre for Economic Policy Research and a research associate of the National Bureau of Economic Research.  Most recently, he has joined the Peterson Institute for International Economics in Washington, D.C., as a nonresident senior fellow.