Maurice Obstfeld

Nonresident Senior Fellow

Maurice Obstfeld has been nonresident senior fellow at the Peterson Institute for International Economics since February 2019. He is the Class of 1958 Professor of Economics and former chair of the department of economics (1998–2001) at the University of California, Berkeley, where he has taught since 1991. He previously taught at Harvard University (1989–90), the University of Pennsylvania (1986–89), and Columbia University (1979–86).

In addition to his academic positions, Obstfeld served at the International Monetary Fund (IMF) as economic counsellor and director of the research department (2015–18) and as a member of the US President's Council of Economic Advisors (2014–15). Obstfeld was an honorary adviser to the Bank of Japan's Institute of Monetary and Economic Studies (2002–14) and has consulted and taught at the IMF, the World Bank, and numerous central banks around the world.

Obstfeld has received Tilburg University's Tjalling Koopmans Asset Award, the John von Neumann Award of the Rajk Laszlo College for 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 University. Obstfeld has served on both the executive committee and as vice president of the American Economic Association. He is a fellow of the Econometric Society and the American Academy of Arts and Sciences.

He is the coauthor of two leading textbooks on international economics, International Economics (11th edition, 2017, with Paul Krugman and Marc Melitz) and Foundations of International Macroeconomics (1996, with Kenneth Rogoff). In addition, he has written, coauthored, or edited more than a hundred research articles and books on exchange rates, currency and other financial crises, global capital markets, and monetary policy.

Obstfeld earned his PhD in economics from the Massachusetts Institute of Technology and holds degrees in mathematics from the University of Pennsylvania and King's College, Cambridge University.