On Sabbatical leave 2026-2027.

Jonathan A. Parker is the Robert C. Merton (1970) Professor of Financial Economics and codirector of the MIT Sloan Consumer Finance Initiative. He is also an economic adviser for the Congressional Budget Office, a coeditor of the Journal of Economic Perspectives, and a Research Associate at the National Bureau of Economic Research.

Parker has been both Area Head of Economics, Finance, and Accounting at Sloan and Head of the Finance Group, and is a CoDirector Emeritus at the MIT Golub Center for Finance and Policy. Parker has served as a visiting scholar at several Federal Reserve Banks, as special adviser on Financial Stability for the Office of Financial Stability in the U.S. Department of the Treasury in 2009, as contractor for Fidelity, as a contractor for the JPMorgan Chase Institute, as an editor of the NBER Macroeconomics Annual, on the Board of Editors of the American Economic Review, and as Head of the Finance Group at MIT Sloan.

An expert in finance, macroeconomics, and household behavior, Parker has published widely on topics such as macroeconomic risks and asset returns, household financial decisions, fiscal stabilization policy, national saving, the measurement of business cycles, and modeling human economic behavior.