2018 Elected AEA Officers

Congratulations to President-Elect Ben Bernanke and all the new officers



Ben BernankeBEN S. BERNANKE, Distinguished Fellow in Residence, Economic Studies, The Brookings Institution

Previous and Present Positions: Assistant Professor, Stanford Graduate School of Business, 1979-83; Associate Professor, Stanford Graduate School of Business, 1983-85; Professor of Economics and Public Affairs, Princeton University, 1985-2002; Member, Federal Reserve Board, 2002-05; Chairman, Council of Economic Advisers, 2005-06; Chairman, Federal Reserve Board, 2006-14.

Degrees: Harvard University, B.A. in Economics, 1975; Massachusetts Institute of Technology, Ph.D., 1979.

Publications: “Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression,” AER, 1983; “Employment, Hours, and Earnings in the Depression: An Analysis of Eight Manufacturing Industries,” AER, 1986; “Financial Fragility and Economic Performance,” (with Gertler), Quarterly Journal of Economics, 1990; “The Federal Funds Rate and the Channels of Monetary Transmission,” (with Blinder), AER, 1992; “Inside the Black Box: The Credit Channel of Monetary Policy Transmission,” (with Gertler), JEP, 1995; “The Macroeconomics of the Great Depression: A Comparative Approach,” Journal of Money, Credit and Banking, 1995; “The Financial Accelerator and the Flight to Quality,” (with Gertler and Gilchrist), Review of Economics & Statistics, 1996; “Inflation Targeting: A New Framework for Monetary Policy?” (with Mishkin), JEP, 1997; “The Financial Accelerator in a Quantitative Business Cycle Framework,” (with Gertler and Gilchrist), Handbook of Macroeconomics, 1999; “Monetary Policy in a Data-Rich Environment,” (with Boivin), Journal of Monetary Economics, 2003; “Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment,” (with Reinhart and Sack), Brookings Papers on Economic Activity, 2004; “Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach,” (with Boivin and Eliasz), Quarterly Journal of Economics, 2005; “Federal Reserve Policy in an International Context,” Mundell-Fleming Lecture, IMF, 2015; The Courage to Act: A Memoir of a Crisis and its Aftermath, 2015.

AEA Offices, Affiliations and Honors: Editor, AER, 2001-03; Vice President, 2015-16.

Other Affiliations and Honors: Hoover Institution National Fellow, 1982-83; Alfred P. Sloan Research Fellow, 1983-84; Fellow, Econometric Society, 1997-; Guggenheim Fellowship, 1999-2000; Fellow, American Academy of Arts and Sciences, 2001-; Co-editor, NBER Macroeconomics Annual, 1994-2001; Director, NBER Program in Monetary Economics, 2000-02; Director, Bendheim Center for Finance, Princeton University, 1997-98; Department Chair, Princeton University, 1996-2002.



Susan AtheySUSAN C. ATHEY, The Economics of Technology Professor, Graduate School of Business, Stanford University

Previous and Present Positions: Assistant Professor of Economics, MIT, 1995-98; Castle Krob Career Development Associate Professor of Economics, MIT, 1998-2001; Associate Professor of Economics, Stanford University, 2001-03; Holbrook Working Professor of Economics, Stanford University, 2003-06; Professor of Economics, Harvard University, 2006-12.

Degrees: Duke University, B.A. in Economics, Mathematics, and Computer Science, 1991; Stanford University Graduate School of Business, Ph.D. in Economics, 1995.

Publications: “Estimation and Inference of Heterogeneous Treatment Effects using Random Forests” (with Wager), Journal of the American Statistical Association, forthcoming; “Exact P-values for Network Interference” (with Eckles and Imbens), Journal of the American Statistical Association, forthcoming; “The Impact of the Internet on Advertising Markets for News Media” (with Calvano and Gans), Management Science, forthcoming; “Recursive Partitioning for Heterogeneous Causal Effects” (with Imbens), Proceedings of the National Academy of Science, 2016; “An Efficient Dynamic Mechanism,” (with Segal), Econometrica, 2013; “Position Auctions with Consumer Search,” (with Ellison), Quarterly Journal of Economics, 2011; “Comparing Open and Sealed Bid Auctions: Theory and Evidence from Timber Auctions,” (with Levin and Seira), Quarterly Journal of Economics, 2011; “Identification and Inference in Nonlinear Difference-In-Difference Models,” (with Imbens), Econometrica, 2006; “The Optimal Degree of Monetary Policy Discretion,” (with Atkeson and Kehoe), Econometrica, 2005; “Collusion and Price Rigidity,” (with Bagwell and Sanchirico), Review of Economic Studies, 2004; “Identification in Standard Auction Models,” (with Haile), Econometrica, 2002; “Monotone Comparative Statics Under Uncertainty,” Quarterly Journal of Economics, 2002; “Single Crossing Properties and the Existence of Pure Strategy Equilibria in Games of Incomplete Information,” Econometrica, 2001; “Information and Competition in U.S. Forest Service Timber Auctions,” (with Levin), Journal of Political Economy, 2001; “Mentoring and Diversity,” (with Avery and Zemsky), AER, 2000.

AEA Offices, Committee Memberships, and Honors: John Bates Clark Medal, 2007; Best Paper Award, AEJ: Microeconomics, 2013; Honors and Awards Committee, 2013-16; Executive Committee, 2008-10; Publications Committee, 2008-10; Co-Editor, AEJ: Microeconomics, 2007-08; Associate Editor, AER, 2002-05; Nominating Committee, 2003.

Other Affiliations and Honors: Member, National Academy of Sciences; Member, American Academy of Arts and Sciences; Jean Jacques Laffont Prize, 2016; Corresponding Fellow, British Academy; Fellow, Econometric Society; Federal Economics and Statistics Advisory Committee, 2017-; Member, President’s Committee on the National Medal of Science, 2011-16; Honorary Doctorate, Duke University, 2009; Sloan Foundation Research Fellow, 2000; Research Associate, NBER; Co-organizer, Digitization Group, NBER; Former Co-Director, Market Design Working Group, NBER.


Pinelopi GoldbergPINELOPI KOUJIANOU GOLDBERG, William K. Lanman, Jr. Professor of Economics, Yale University

Previous and Present Positions: Professor of Economics, Princeton University, 2007-10; Professor of Economics, Yale University, 2001-07; Visiting Scholar, Federal Reserve Bank of New York, 2006-07; Professor of Economics, Columbia University, 1999-2001; Assistant Professor of Economics, Princeton University, 1992-99.

Degrees: University of Freiburg, Germany, Diploma in Economics, 1986; Stanford University, Ph.D in Economics, 1992.

Publications: “Prices, Markups and Trade Reform,” (with De Loecker, Khandelwal and Pavcnik), Econometrica, 2016; “The Effects of Trade Policy,” (with Pavcnik), Handbook of Commercial Policy, 2016; “Firm Performance in a Global Market,” (with De Loecker), Annual Review of Economics, 2014; “A Structural Approach to Identifying the Sources of Local-Currency Price Stability,” (with Hellerstein), Review of Economic Studies, 2013; “Imported Intermediate Inputs and Domestic Product Growth: Evidence from India,” (with Khandelwal, Pavcnik and Topalova), Quarterly Journal of Economics, 2010; “Credit Constraints in the Market for Consumer Durables: Evidence from Micro Data on Car Loans,” (with Attanasio and Kyriazidou), International Economic Review, 2008; “Distributional Effects of Globalization in Developing Countries,” (with Pavcnik), JEL, 2007; “Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India,” (with Chaudhuri and Jia), AER, 2006; “The Evolution of Price Dispersion in European Car Markets,” (with Verboven), Review of Economic Studies, 2001; “Protection for Sale: An Empirical Investigation,” (with Maggi), AER, 1999; “The Effects of the Corporate Average Fuel Economy Standards in the Automobile Industry,” Journal of Industrial Economics, 1998; “Goods Prices and Exchange Rates: What Have We Learned?,” (with Knetter), JEL, 1997; “Dealer Price Discrimination in New Car Purchases: Evidence from the Consumer Expenditure Survey,” Journal of Political Economy, 1996; “Product Differentiation and Oligopoly in International Markets: The Case of the U.S. Automobile Industry,” Econometrica, 1995.

AEA Offices, Committee Memberships, and Honors: Editor-in-Chief, AER, 2011-16; Co-Editor, AER, 2017 and 2007-10; Ex-officio Member of Executive Committee, 2011-16; Committee on Journals, 2016; Committee on Honors and Awards, 2008-12; Committee on Implementation of Disclosure Policy, Chair, 2012; Committee on Registry of Randomized Trials, 2012.

Other Affiliations and Honors: Fellow of American Academy of Arts and Sciences since 2014; Fellow of Econometric Society since 2004; Executive Committee of Econometric Society, 2017-18; Council of Econometric Society, 2016-19; John Simon Guggenheim Memorial Foundation Fellowship, 2010-11; Bodossaki Prize in Social Sciences, 2003; Sloan Foundation Faculty Research Fellowship, 1998-2000; Russell Sage Foundation Fellowship, 1998-99; Hoover National Fellowship, 1994-95; Review of Economic Studies European Seminar Tour Speaker, 1992; Foreign Editor, Review of Economic Studies, 2001-07; Research Associate, NBER; Board Member of Bureau for Research and Economic Analysis of Development (BREAD); Research Affiliate of International Growth Centre (IGC); Member of the Federal Economic Statistics Advisory Committee (FESAC), 2006-12.


Executive Committee

Adriana Lleras-MuneyADRIANA LLERAS-MUNEY, Professor, Department of Economics, UCLA

Previous and Present Positions: Professor, Department of Economics, UCLA, 2008-. Assistant Professor of Economics and Public Affairs, Princeton University, 2001-08.

Degrees: Université de Paris IX–Dauphine, DEUG, 1995; Louisiana State University, B.A. in Economics, 1996; Columbia University, Ph.D., 2001.

Publications: “The Long Run Impact of Cash Transfers to Poor Families” (with Aizer, Eli and Ferrie), AER, 2016; “When does Education Matter for Health? The Protective Effect of Education for Cohorts Graduating in Bad Times” (with Cutler and Huang), Social Science and Medicine, 2015; “Did the Americanization Movement Succeed? An Evaluation of the Effect of English-Only and Compulsory Schooling Laws on the Education of Immigrants” (with Shertzer), AEJ: Economic Policy, 2015; “Child Gender and Parental Investments in India: Are Boys and Girls Treated Differently?” (with Barcellos and Carvalho), AEJ: Applied Economics, 2014; “Does Schooling Prevent Teen Drinking and Smoking?” (with Jensen), Journal of Health Economics, 2012; “Modern Medicine and the 20th Century Decline in Mortality: New Evidence on the Impact of Sulfa Drugs,” (with Jayachandran and Smith), AEJ: Applied Economics, 2010; “Understanding Health Differences by Education,” (with Cutler), Journal of Health Economics, 2010; “Life expectancy and human capital investments: Evidence from declines in maternal mortality,” (with Jayachandran), Quarterly Journal of Economics, 2009; “Health Inequality, Education and Medical Innovation” (with Glied), Demography, 2008; “Competing Risks and the War on Cancer,” (with Honoré), Econometrica, 2006; “The Determinants of Mortality,” (with Cutler and Deaton), JEP, 2006; “Estimation of Models with Grouped and Ungrouped Data by Means of “2SLS”,” (with Dhrymes), Journal of Econometrics, 2006; “The Relationship between Education and Adult Mortality in the United States,” Review of Economic Studies, 2005; “Booms, Busts and Babies’ Health,” (with Dehejia), Quarterly Journal of Economics, 2004; “Were Compulsory Education and Child Labor Laws Effective? An Analysis from 1915 to 1939 in the U.S.,” Journal of Law and Economics, 2002.

AEA Office, Committee Memberships and Honors: Editor Search Committee for AEJ: Economic Policy 2014; Board of Editors AEJ: Economic Policy, 2011-.

Other Affiliations and Honors: Presidential Early Career Awards for Scientists and Engineers (PECASE) Award, 2017; NBER Aging and Health Research Fellowship, 2003-04; Dorothy S. Thomas Award by the Population Association of America dissertation award, 2002; Journal of Health Economics Editor 2011-14, Associate Editor 2014-. Board of Editors of Demography, 2016-. Social Sciences and Population Studies Study Section, National Institutes of Health, 2013-; NBER Associate Fellow 2009-.


Betsy StephensonBETSEY STEVENSON, Associate Professor of Economics and Public Policy, Gerald R. Ford School of Public Policy, University of Michigan

Previous and Present Positions: Member, Council of Economic Advisers 2013-15; Visiting Associate Professor of Economics, University of Sydney, 2015-; Chief Economist U.S. Department of Labor, 2010-11; Visiting Assistant Professor and Visiting Associate Research Scholar, Industrial Relations Section, Department of Economics, Princeton University, 2011-12; Assistant Professor of Business and Public Policy, Wharton School of the University of Pennsylvania, 2004-10.

Degrees: Wellesley College, B.A. in Economics and Mathematics, 1993; Harvard University, Ph.D., 2001.

Publications: “Bargaining in the Shadow of the Law: Divorce Laws and Family Distress” (with Wolfers) Quarterly Journal of Economics, 2006; “The Impact of Divorce Laws on Marriage-Specific Capital,” Journal of Labor Economics, 2007; “Marriage and Divorce: Changes and Their Driving Forces,” (with Wolfers) JEP, 2007; “Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox,” (with Wolfers) Brookings Papers on Economic Activity, 2008; “Divorce-Law and Women’s Labor Supply,” Journal of Empirical Legal Studies, 2008; “Happiness Inequality in the United States,” (with Wolfers) Journal of Legal Studies, 2008; “The Paradox of Declining Female Happiness,” AEJ: Economic Policy, 2009; “Beyond the Classroom: Using Title IX to Measure the Return to High School Sports,” Review of Economics and Statistics, 2010; “The Polls–Review: Inaccurate Age and Sex Data in the Census PUMS Files: Evidence and Implications” (with Alexander and Davern) Public Opinion Quarterly, 2010; “Trust in Public Institutions over the Business Cycle” (with Wolfers), AER: Papers and Proceedings, 2011; “The New Stylized Facts About Income and Subjective Well-being” (with Saks and Wolfers), Emotion, 2012; “Subjective and Objective Indicators of Racial Progress” (with Wolfers), Journal of Legal Studies, 2012; “Subjective Well-Being and Income: Is There Any Evidence of Satiation?” (with Wolfers), AER: Papers and Proceedings, 2013; “Economic Analysis and Statistical Disclosure Limitation’ Comments and Discussion,” Brookings Papers on Economic Activity, 2015; “Business Tax Reform and the Labor Market,” (with Furman) in Michael Strain (ed.), The U.S. Labor Market: Questions and Challenges for Public Policy, 2016.

AEA Offices, Committee Memberships, and Honors: Associate Editor, JEP 2017-; Committee on Government Relations 2015-.

Other Affiliations and Honors: Research Associate, NBER 2012-; Research Advisory Board, Committee for Economic Development 2017-; Center for Economic Policy Research (CEPR) Research Fellow 2016-; John T. Dunlop Outstanding Scholar Award, 2010; CESifo Research Fellow 2007-; Advisory Panel, Brookings Papers on Economic Activity, 2011-13.