Jerome and Dorothy Lemelson Professor of Management
Professor of Global Economics and Management
Kristin Forbes is the Jerome and Dorothy Lemelson Professor of Management and a Professor of Global Economics and Management at the MIT Sloan School of Management. In 2014 she also became an External Member of the Monetary Policy Committee for the Bank of England. This dual role continues her tradition of using her academic background to inform her role in senior policy positions.
From 2003 to 2005 Forbes served as a member of the White House’s Council of Economic Advisers (where she was the youngest person to ever hold this position). From 2001-2002 she worked in the U.S. Treasury Department as the Deputy Assistant Secretary of Quantitative Policy Analysis, Latin American and Caribbean Nations. She also was a member of the Governor’s Council of Economic Advisers for the State of Massachusetts from 2009-2014.
She was recently honored as one of the top 25 economists under the age of 45 who are “shaping how we think about the global economy” (by Finance & Development, 2014). She was also named as a "Young Global Leader" as part of the World Economic Forum at Davos. She is a research associate at the NBER, a member of the Bellagio Group and Council on Foreign Relations, and on the Academic Advisory Board for the Peterson Institute for International Economics.
Forbes’ academic research addresses policy-related questions in international macroeconomics. Recent projects include work on capital flows, financial crises, contagion, capital controls, macroprudential regulation, foreign investment, and tax holidays. Forbes has chaired research projects on the Global Financial Crisis, Global Linkages and International Financial 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 graduated summa cum laude from Williams College and received her PhD in economics from MIT.
General Expertise: Applied economics; Austerity; Contagion; Currency; Economic crisis; Economics; Emerging markets; Federal Reserve; Global economics; Inflation; Interest rates; International economics; International finance; Macroeconomics; Monetary policy; United Kingdom; United States
For more background on this faculty member's research and academic initiatives, please visit the MIT Sloan faculty directory.