{"id":8,"date":"2018-09-23T03:16:30","date_gmt":"2018-09-23T03:16:30","guid":{"rendered":"http:\/\/mitmgmtfaculty.mit.edu\/kjforbes\/homepage\/"},"modified":"2025-06-10T14:15:25","modified_gmt":"2025-06-10T14:15:25","slug":"homepage","status":"publish","type":"page","link":"https:\/\/mitmgmtfaculty.mit.edu\/kjforbes\/","title":{"rendered":"Homepage"},"content":{"rendered":"<div id=\"pl-8\"  class=\"panel-layout\" ><div id=\"pg-8-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-8-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-8-0-0-0\" class=\"so-panel widget widget_mit-pf-jumbotron widget_mit_pf_jumbotron panel-first-child\" data-index=\"0\" ><div class=\"jumbotron-contained\" data-set=\"jumbotron\"><div class=\"hidden jumbotron\">    <div class=\"jumbotron--header\" style=\"background-image:url(https:\/\/mitmgmtfaculty.mit.edu\/kjforbes\/wp-content\/themes\/mitfaculty2021\/assets\/images\/jumbotron_bg_red.jpg);\">        <div class=\"container\"><div class=\"row\">            <div class=\"col-12 col-md-8\">                <div class=\"jumbotron--content\">                <h1>Kristin J. Forbes<\/h1>                <\/div><!-- .jumbotron--content -->            <\/div><!-- .col -->            <div class=\"col-12 jumbotron--facultyimage\">            <div class=\"faculty-image\">                <img decoding=\"async\" class=\"img-responsive img-portfolio img-hover\" src=\"http:\/\/mitsloan.mit.edu\/shared\/ods\/images\/?ID=41475\" alt=\"Kristin J. Forbes, Jerome and Dorothy Lemelson Professor of Management and Global Economics\">            <\/div><!-- .faculty-image -->        <\/div><\/div><!-- .container -->    <\/div><!-- jumbotron--header --><\/div><!-- .row -->    <div class=\"header-bio\" data-set=\"header-bio\">        <div class=\"bio\">    <div class=\"jumbotron--bio\">            <div class=\"teasertext\"><p>Kristin Forbes is the\u00a0<em>Jerome and Dorothy Lemelson Professor of Management and Global Economics<\/em>\u00a0at MIT\u2019s Sloan School of Management.<\/p>\n<\/div>    <\/div><!-- jumbotron--bio --><\/div><\/div><\/div><div class=\"d-none jumbotron bg-cover\" style=\"background-image:url(https:\/\/mitmgmtfaculty.mit.edu\/kjforbes\/wp-content\/themes\/mitfaculty2021\/assets\/images\/jumbotron_bg_blue.jpg);\">\t<div class=\"container\">\t\t<div class=\"col-lg-8 col-md-8 col-sm-8 col-xs-12 no-padding-left\">\t\t<h1>Kristin J. Forbes<\/h1>\t\t\t<div class=\"teasertext\"><p>Kristin Forbes is the\u00a0<em>Jerome and Dorothy Lemelson Professor of Management and Global Economics<\/em>\u00a0at MIT\u2019s Sloan School of Management.<\/p>\n<\/div>\t<div class=\"cv-link\">\t\t<a href=\"https:\/\/mitsloan.mit.edu\/shared\/ods\/documents?DocumentID=10412\" class=\"btn btn-default btn-icon\" target=\"_blank\"><span class=\"fa fa-download fa-1\"><\/span>Download CV<i class=\"far fa-file-alt\"><\/i><\/a>\t<\/div><!-- .cv-link -->\t\t<\/div><!-- .col-lg-8 -->\t\t<div class=\"col-lg-4 col-md-4 col-sm-4 col-xs-12 no-padding-left\">\t\t\t<div class=\"faculty-image\">\t\t\t\t<a href=\"\"  target=\"_blank\"  ><img decoding=\"async\" class=\"img-responsive img-portfolio img-hover\" src=\"http:\/\/mitsloan.mit.edu\/shared\/ods\/images\/?ID=41475\" alt=\"Kristin J. Forbes, Jerome and Dorothy Lemelson Professor of Management and Global Economics\"><\/a>\t\t\t<\/div><!-- .faculty-image -->\t\t<\/div><!-- .col-lg-4 -->\t<\/div><!-- .container --><\/div><\/div><\/div><div id=\"panel-8-0-0-1\" class=\"so-panel widget widget_mit-pf-biography widget_mit_pf_biography\" data-index=\"1\" >\t\t<h2 class=\"widget-title\">Biography<\/h2>\t<div class=\"teasertext textwidget\"><p>Kristin Forbes is the\u00a0<em>Jerome and Dorothy Lemelson Professor of Management and Global Economics<\/em>\u00a0at MIT\u2019s Sloan School of Management. She has regularly rotated between academia and senior policy positions. From 2014-2017 she was an external member of the Monetary Policy Committee for the Bank of England and from 2003 to 2005 she served as a member of the White House\u2019s Council of Economic Advisers. From 2001-2002 Forbes was a deputy assistant secretary in the U.S. Treasury Department and over 2009-2014 she was a member of the Governor\u2019s Council of Economic Advisers for the State of Massachusetts.<\/p>\n<p>In 2019, Forbes was named an Honorary Commander of the Order of the British Empire (CBE) by Her Majesty Queen Elizabeth II. She is currently the convener of the Bellagio Group, a member of the NBER\u2019s Business Cycle Dating Committee, a research associate at the NBER and CEPR, and a member of the US Monetary Policy Forum and Council on Foreign Relations. She also serves in a number of advisory positions, such as for the Bank for International Settlements and the Managing Director for the International Monetary Fund.<\/p>\n<p>Forbes\u2019 academic research addresses policy-related questions in international macroeconomics, including monetary policy, macroprudential tools, capital flows, exchange rates, inflation, and contagion. She has won numerous teaching awards and teaches one of the most popular classes at MIT's Sloan School. Before joining MIT, Forbes worked at the World Bank and Morgan Stanley. She received her PhD in Economics from MIT and graduated\u00a0<em>summa cum laude<\/em>\u00a0(with highest honors) from Williams College.<\/p>\n<\/div><\/div><div id=\"panel-8-0-0-2\" class=\"so-panel widget widget_mit_calltoaction_widget\" data-index=\"2\" ><div class=\"calltoaction\"><a class=\"btn btn-default\" href=\"https:\/\/mitsloan-php.s3.amazonaws.com\/wp-faculty\/sites\/128\/2021\/07\/09143725\/Kristin-Forbes-2021-headshot-medres-scaled.jpg\" target=\"_blank\" title=\"Download headshot\">Download headshot<\/a><\/div><\/div><div id=\"panel-8-0-0-3\" class=\"so-panel widget widget_mit-pf-wysiwyg widget_mit_pf_wysiwyg\" data-index=\"3\" ><h2 class=\"widget-title\">Media Highlights<\/h2><div class=\"textwidget\"><ul>\n<li><a href=\"https:\/\/www.nber.org\/news\/kristin-forbes-joins-business-cycle-dating-committee\">Kristin Forbes Joins Business Cycle Dating Committee | NBER<\/a><\/li>\n<li><a href=\"http:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/2017\/03\/people.htm\" target=\"_blank\" rel=\"noopener\">Finance &amp; Development\u00a0(career overview, 2017)<\/a><\/li>\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-13\/bank-of-england-to-lose-a-rebel-voice-against-brexit-consensus\" target=\"_blank\" rel=\"noopener\">Bloomberg\u00a0(at end of BoE role, 2017)<\/a><\/li>\n<li><a href=\"http:\/\/www.theeditorial.com\/essay\/2015\/1\/11\/kristin-forbes\" target=\"_blank\" rel=\"noopener\">TheEditorial\u00a0(career overview, 2015)<\/a><\/li>\n<li><a href=\"http:\/\/www.standard.co.uk\/business\/markets\/interview-unknown-unknowns-worry-bank-of-england-s-us-recruit-kristin-forbes-9769295.html\" target=\"_blank\" rel=\"noopener\">Evening Standard\u00a0(at start of BoE role, 2014)<\/a><\/li>\n<li><a href=\"https:\/\/reap.mit.edu\/news-article\/welcome-to-the-fall-2014-mit-sloan-alumni-magazine\/\" target=\"_blank\" rel=\"noopener\">MIT-Sloan Alumni Magazine\u00a0(career overview, 2014)<\/a><\/li>\n<li><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2013-01-25\/contagion-thesis-once-derided-proven-by-kristin-forbes\" target=\"_blank\" rel=\"noopener\">Bloomberg (contagion work, 2013)<\/a><\/li>\n<li><a href=\"https:\/\/betterworld.mit.edu\/spectrum\/issues\/2011-fall\/deworming-the-world\/\" target=\"_blank\" rel=\"noopener\">MIT Spectrum\u00a0(Deworming work, 2011)<\/a><\/li>\n<li><a href=\"http:\/\/www.nber.org\/reporter\/winter07\/forbes.html\" target=\"_blank\" rel=\"noopener\">NBER Reporter (summary of research on contagion, capital controls and capital flows, 2006)<\/a><\/li>\n<li><a href=\"https:\/\/www.ft.com\/content\/831e100c-2563-11db-a12e-0000779e2340\" target=\"_blank\" rel=\"noopener\">Financial Times\u00a0(career overview, 2006)<\/a><\/li>\n<li><a href=\"https:\/\/usatoday30.usatoday.com\/money\/economy\/2004-06-01-economist_x.htm\" target=\"_blank\" rel=\"noopener\">USA Today\u00a0(at White House, 2004)<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<\/div><\/div><div id=\"panel-8-0-0-4\" class=\"so-panel widget widget_mit-pf-wysiwyg widget_mit_pf_wysiwyg\" data-index=\"4\" ><h2 class=\"widget-title\">Awards<\/h2><div class=\"textwidget\"><ul>\n<li>MIT Teaching with Technology, 2021.<\/li>\n<li>Honorary Commander of the Most Excellent Order of the British Empire (CBE), from\u00a0Her Majesty Queen Elizabeth II for services to British economic policy, 2019.<\/li>\n<li>Bicentennial Medal, from Williams College to members of the community for \u201coutstanding achievement in any field of endeavor,\u201d 2015.<\/li>\n<li>\u201c1000 Most Influential Londoners\u201d, in the Evening Standard, 2014.<\/li>\n<li>Generation Next, named as one of the 25 leading economists under 45 who are \u201cshaping how we think about the global economy,\u201d in Finance &amp; Development: 2014.<\/li>\n<li>Excellence in Teaching Award: Sloan School of Management at MIT, 2009-10.<\/li>\n<li>Teacher of the Year Award: Sloan School of Management at MIT, 2008-2009.<\/li>\n<li>Michael Brennan Award: Runner up for best paper published in the Review of Financial Studies (joint with Mihir Desai and C. Fritz Foley), 2009.<\/li>\n<li>Jamieson Prize for History of Excellence in Teaching at MIT: awarded in 2008.<\/li>\n<li>Excellence in Teaching Award: Sloan School of Management at MIT, 2006-07.<\/li>\n<li>Named a \u201cYoung Global Leader\u201d at World Economic Forum at Davos, 2005-present.<\/li>\n<li>Excellence in Teaching Award: Sloan School of Management at MIT, 2005-06.<\/li>\n<li>Named 1 of 100 \u201cGlobal Leaders for Tomorrow\u201d at World Economic Forum at Davos, 2003-4.<\/li>\n<li>Teacher of the Year Award: Sloan School of Management at MIT, 2000-2001.<\/li>\n<li>Milken Prize: Distinguished economic research, 2000.<\/li>\n<li>Solow Prize: Excellence in research and teaching at MIT, 1998.<\/li>\n<li>David Wells Prize in Economics: Best economics thesis at Williams College, 1992.<\/li>\n<li>Captain of New England Championship Tennis Team: Williams College, 1992.<\/li>\n<li>Most Valuable Player of nationally-ranked (top-ten) Squash Team: Williams College, 1992.<\/li>\n<li>Phi Beta Kappa: First election at Williams College, 1991.<\/li>\n<li>Volvo-Academic All-American: In tennis, 1991 and 1992.<\/li>\n<li>Presidential Scholar: 1988.<\/li>\n<li>National Merit Scholar: 1988.<\/li>\n<\/ul>\n<\/div><\/div><div id=\"panel-8-0-0-5\" class=\"so-panel widget widget_mit-pf-wysiwyg widget_mit_pf_wysiwyg panel-last-child\" data-index=\"5\" ><h2 class=\"widget-title\">Books and Symposia<\/h2><div class=\"textwidget\"><p><strong>Monetary Policy Responses to the Post-Pandemic Inflation<\/strong> (2024) with Bill English and \u00c1ngel Ubide.<\/p>\n<ul>\n<li>Click here for the <a href=\"https:\/\/cepr.org\/publications\/books-and-reports\/monetary-policy-responses-post-pandemic-inflation\" target=\"_blank\" rel=\"noopener\">full CEPR book<\/a>, including the overview chapter<\/li>\n<li>Click here for a <a href=\"https:\/\/cepr.org\/voxeu\/columns\/monetary-policy-responses-post-pandemic-inflation-challenges-and-lessons-future\" target=\"_blank\" rel=\"noopener\">VoxEU article<\/a> with highlights<\/li>\n<\/ul>\n<p><strong>Monetary Policy and Central Banking in the Covid Era<\/strong>\u00a0(2021) with Bill English and \u00c1ngel Ubide.<\/p>\n<ul>\n<li>Click here for the\u00a0<a href=\"https:\/\/voxeu.org\/content\/monetary-policy-and-central-banking-covid-era\" target=\"_blank\" rel=\"noopener\">full CEPR ebook<\/a>, including the overview chapter<\/li>\n<li>Click here for a link to a\u00a0<a href=\"https:\/\/voxeu.org\/article\/monetary-policy-and-central-banking-covid-era-new-ebook\" target=\"_blank\" rel=\"noopener\">Vox-EU article<\/a> of highlights<\/li>\n<\/ul>\n<p><strong>The Global Financial Crisis<\/strong> (2012) with Charles Engel and Jeffrey Frankel<\/p>\n<ul>\n<li>Click here for a <a href=\"https:\/\/mitsloan.mit.edu\/shared\/ods\/documents\/?DocumentID=4933\" target=\"_blank\" rel=\"noopener\">summary of the research<\/a><\/li>\n<li>Click here for the <a href=\"https:\/\/www.sciencedirect.com\/journal\/journal-of-international-economics\/vol\/88\/issue\/2\" target=\"_blank\" rel=\"noopener\">symposia of papers<\/a> published in the <em>Journal of International Economics<\/em> (Vol. 88(2), Nov., 2012)<\/li>\n<li>Click here for a link to the <a href=\"https:\/\/conference.nber.org\/confer\/2011\/GFC11\/summary.html\" target=\"_blank\" rel=\"noopener\">conference papers, attendees, datasets and additional information<\/a> from the conference held in Bretton Woods, NH on June 3-4, 2011<\/li>\n<\/ul>\n<p><strong>Global Linkages<\/strong> (2004) with Robin Brooks and Ashoka Mody<\/p>\n<ul>\n<li>Click here for a link to the <a href=\"https:\/\/direct.mit.edu\/rest\/issue\/86\/3\" target=\"_blank\" rel=\"noopener\">symposia of papers<\/a> published in the <em>Review of Economics and Statistics<\/em> (Vol. 86 (3), Aug., 2004)<\/li>\n<li>Click here for a <a href=\"https:\/\/www.imf.org\/external\/pubs\/ft\/fandd\/2003\/06\/pdf\/brooks.pdf\" target=\"_blank\" rel=\"noopener\">summary<\/a> of some papers (with Robin Brooks, Jean Imbs and Ashoka Mody) from the conference held at the IMF in Washington, DC on Jan 30-31, 2003<\/li>\n<\/ul>\n<p><strong>International Financial Contagion<\/strong> (2001) with Stijn Claessens<\/p>\n<ul>\n<li>Click here for a link to the <a href=\"https:\/\/www.amazon.com\/International-Financial-Contagion-Stijn-Claessens\/dp\/0792372859\/ref=sr_1_1?ie=UTF8&amp;qid=1305831636&amp;sr=8-1\" target=\"_blank\" rel=\"noopener\">book with the collection of papers<\/a>. Kluwer Academic Publishers, New York, NY<\/li>\n<li>Click here for the <a href=\"https:\/\/mitsloan.mit.edu\/shared\/ods\/documents\/?DocumentID=4928\" target=\"_blank\" rel=\"noopener\">introductory chapter summarizing the series of papers<\/a> presented at the conference held at the IMF in Washington, DC<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Kristin J. Forbes Kristin Forbes is the\u00a0Jerome and Dorothy Lemelson Professor of Management and Global Economics\u00a0at MIT\u2019s Sloan School of Management. Kristin J. Forbes Kristin Forbes is the\u00a0Jerome and Dorothy Lemelson Professor of Management and Global Economics\u00a0at MIT\u2019s Sloan School of Management. Download CV Biography Kristin Forbes is the\u00a0Jerome and Dorothy Lemelson Professor of Management [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-8","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.0 (Yoast SEO v25.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MIT Sloan Faculty | Kristin J. 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