A number of NBER researchers were tapped for public policy positions in the past year. Several resigned from the NBER on account of their new affiliations. John Friedman, formerly a Faculty Research Fellow in the Public Economics, Health Care, and Aging Programs, resigned to join the National Economic Council, where he serves as a Special Assistant to the President for Economic Policy. He is on leave from the John F. Kennedy School of Government at Harvard University, where he is an Assistant Professor of Public Policy.
Research Associate Betsey Stevenson resigned from the NBER's Programs on Law and Economics and Labor Studies to join the President's Council of Economic Advisers (CEA). She is on leave from the University of Michigan, where she is an Associate Professor of Public Policy and Economics.
James Stock, formerly a Research Associate in the NBER's Programs on Monetary Economics, Economic Fluctuations and Growth, and Asset Pricing, has also been appointed to the CEA. He is on leave from Harvard University, where he is the Harold Hitchings Burbank Professor of Political Economy.
In addition to the foregoing researchers who have resigned from the NBER, a number of other researchers have taken leave from the NBER to serve in various government positions.
Raghuram Rajan, a past Director of the NBER's Corporate Finance Program and a Research Associate in that program as well as the International Finance and Macroeconomics Program, has been appointed Governor of the Royal Bank of India. He is on leave from the University of Chicago Booth School of Business, where he serves as the Eric J. Gleacher Distinguished Service Professor of Finance.
Several other researchers are serving in Washington. They include: Research Associate Jon Faust of Johns Hopkins University, who is on leave as a special adviser at the Federal Reserve Board of Governors; Research Associate Martin Gaynor of Carnegie Mellon University who is the Director of the Bureau of Economics at the Federal Trade Commission; Research Associate Susan Helper of Case Western Reserve University, who is the Chief Economist at the U.S. Department of Commerce; Research Associate Jennifer Hunt of Rutgers University, who is serving as the Chief Economist of the U.S. Department of Labor; Faculty Research Fellow Matthew Kotchen of Yale University, who is on leave as Deputy Assistant Secretary of Environment and Energy at the U.S. Department of the Treasury; Research Associate Aviv Nevo of Northwestern University, who is on leave as the Deputy Assistant Attorney General for Economic Analysis at the U.S. Department of Justice Antitrust Division; and Faculty Research Fellow Wesley Yin of Boston University, who is on leave as the Deputy Assistant Secretary of Microeconomic Analysis at the U.S. Department of the Treasury.
Finally, Research Associate Gary Richardson of the University of California at Irvine, is on leave as the Federal Reserve System Historian at the Federal Reserve Bank of Richmond.
A number of other past NBER affiliates also continue to serve in a variety of public policy positions.