Kristin J. Forbes


Kristin J. Forbes

Hear name pronounced.

Support Staff

Get in Touch



Academic Groups

Academic Area

Kristin Forbes is the Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT’s 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. From 2003 to 2005 Forbes served as a member of the White House’s Council of Economic Advisers and from 2001-2002 she was a deputy assistant secretary in the U.S. Treasury Department. She also was a member of the Governor’s Council of Economic Advisers for the state of Massachusetts from 2009-2014.

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 research associate at the NBER and CEPR, and a member of the Aspen Economic Strategy Group and Council on Foreign Relations. She also serves in a number of advisory positions, such as the Monetary Policy Advisory Panel of the New York Federal Reserve Bank, the Advisory Panel for the Bank for International Settlements, and on the External Advisory Group of the Managing Director for the International Monetary Fund. Forbes’ 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 summa cum laude with highest honors from Williams College.


Kristin Forbes and Simon Johnson have recently been appointed to the Congressional Budget Office's Panel of Economic Advisers

Kristin Forbes has been named as a member of the Governor's Council of Economic Advisors

Queen Elizabeth bestows Forbes with Honorary Commander of the Order of the British Empire

Kristin Forbes receives Bicentennial Medal

Kristin Forbes was recently selected to be a member of the Trilateral Commission

Forbes wins 2021 digital teaching award

Kristin Forbes has been named a life member of the Council on Foreign Relations


"​Policy Packages and Policy Space: Lessons from COVID-19."

Bergant, Katharina, and Kristin J. Forbes. ​European Economic Review. Forthcoming. MIT Sloan Working Paper #6795-22. CEPR Working Paper DP #17699. NBER Working Paper 31254. Data Files. Related blog on VoxEU (Jan 2023).

"Replacing the Golden Anchor for Price Stability."

Forbes, Kristin J., MIT Sloan Working Paper 6946-23. Cambridge, MA: MIT Sloan School of Management, July 2023.

"Responses to COVID-19: The Role of Policy Space."

Bergant, Katharina and Kristin J. Forbes. VoxEU, January 22, 2023.

"​Central Banks Must Reduce Their Balance Sheets More Aggressively."

Forbes, Kristin J. Financial Times, January 19, 2022.

Load More

Recent Insights


An Evening of Discovery at the MIT Museum

Invited guests attended a special event at the new MIT Museum location in Kendall Square in early December.

Read More
Ideas Made to Matter

Stanley Fischer critiques COVID-19 monetary policies

Fischer compares central bank responses to the ‘08-‘09 financial crisis and the pandemic, and likes what he sees. Larry Summers begs to differ.

Read Article
Load More

Media Highlights

Load More