International Programs Professor in Management
Professor of Finance
Jonathan A. Parker is the International Programs Professor in Management and a Professor of Finance at the MIT Sloan School of Management.
Parker has held numerous government service and consulting positions during his career, including Special Adviser on Financial Stability for the Office of Financial Stability in the U.S. Department of the Treasury in 2009. An expert in finance, macroeconomics, and household behavior, he has published widely on topics such as macroeconomic risks and asset returns, fiscal stabilization policy, national saving, household financial decisions, the measurement of business cycles, and modeling human economic behavior. He currently serves as a co-editor of the NBER Macroeconomic Annual, on the Board of Editors of the American Economic Review, and on the American Economic Association's Committee on Economic Statistics. He is a Research Associate at the National Bureau of Economic Research.
Parker received his BA in mathematics and economics from Yale University and his PhD in economics from MIT.
Research Focus Project: Parker works on issues in household finance, financial markets, and public policy. Current projects include the efficacy of recent policies like economic stimulus payments and the "Cash for Clunkers" program at stimulating demand, the support of lending in markets with adverse selection, and portfolio choice.
For more background on this faculty member's research and academic initiatives, please visit the MIT Sloan faculty directory.