Maurice Obstfeld

Maurice Obstfeld is the C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics in Washington, D.C. He is also the Class of 1958 Professor of Economics Emeritus, Professor of the Graduate School, and former Chair of the Department of Economics (1998-2001) at the University of California, Berkeley. He arrived at Berkeley in 1991 as a professor, following permanent appointments at Columbia (1979-1986) and the University of Pennsylvania (1986-1989), and a visiting appointment at Harvard (1989-90). He received his Ph.D. in economics from MIT in 1979 after attending the University of Pennsylvania (B.A., 1973) and King’s College, Cambridge University (M.A., 1975). From September 2015 to December 2018, Dr. Obstfeld was the Economic Counsellor and Director of Research at the International Monetary Fund. From July 2014 to August 2015, he served as a Member of President Barack Obama’s Council of Economic Advisers. Dr. Obstfeld was previously (2002-2014) an Honorary Adviser 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, and a Distinguished Fellow of the American Economic Association and CEPR. From February 2019 to June 2023, he was a nonresident senior fellow at the Peterson Institute for International Economics. Among Dr. Obstfeld’s honors are Tilburg University’s Tjalling Koopmans Asset Award, the John von Neumann Award of the Rajk Laszlo College of Advanced Studies (Budapest), and the Kiel Institute’s Bernhard Harms Prize. He has given a number distinguished lectures, including the American Economic Association’s annual Richard T. Ely Lecture, the L. K. Jha Memorial Lecture of the Reserve Bank of India, and the Frank Graham Memorial Lecture at Princeton. Dr. Obstfeld has served both on the Executive Committee and as Vice President of the American Economic Association. He has consulted and taught at the IMF and numerous central banks around the world. He is also the co-author of two leading textbooks on international economics, International Economics (12th edition, 2022, with Paul Krugman and Marc Melitz) and Foundations of International Macroeconomics (1996, with Kenneth Rogoff), as well as more than 100 research articles and books on exchange rates, international financial crises, global capital markets, and monetary policy.