Faculty profiles

Members of the Economics Department

Maurice Obstfeld

Class of 1958 Professor of Economics

Fields
International economics, macroeconomics, monetary economics
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
Current Status
Sabbatical, Fall 2019
Research Interests
Foreign exchange intervention, intertemporal approach to the current account, dynamic consistency in economic policy, credibility of exchange rate regimes, European monetary integration

About Maurice Obstfeld

Maurice Obstfeld 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 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.