Maurice Obstfeld is a prominent macroeconomist whose research focuses on international and monetary economics. His specific interests include exchange rates, dynamic consistency in economic policy, and European monetary integration. The macroeconomic models he examines have many applications in understanding the crises of the global economy of the early twenty-first century. He has written or edited eight books in his chosen fields.
He currently is the Class of 1958 Professor of Economics at the University of California, Berkeley. His first faculty positions were at Columbia University, where he remained between 1979 and 1986. After three years as a professor of economics at the University of Pennsylvania, he joined the UC Berkeley faculty in 1989, and was a visiting professor of economics at Harvard University from 1989 to 1991.
Obstfeld was named a fellow of the American Academy of Arts and Sciences in 2004, a fellow of the Econometric Society in 1996, and a research fellow of the Alfred P. Sloan Foundation in 1984. At present, he is a research fellow of the Center for Economic Policy Research and a research associate at the National Bureau of Economic Research. He is also a member of the Macroeconomics Program at London’s International Growth Centre.
Obstfeld currently sits on the Editorial Board of the IMF Economic Review and the American Economic Journal: Macroeconomics. He has previously served as a board member for many other prominent economic bodies and journals, including the Journal of Economic Perspectives, the American Economic Review, and the American Economic Association. Since 2001, he has been an International Research Fellow of the Kiel Institute of World Economics.
In 1979, Obstfeld completed his PhD at the Massachusetts Institute of Technology. He earned an MA from Cambridge University in 1975 and a BA from the University of Pennsylvania in 1969, both in mathematics.
Maurice Obstfeld visited the institute as a CME Group Foundation Fellow for the 2012-13 academic year.