Kristin J. Forbes

The National Bureau of Economic Research (NBER) has announced that professor Kristin Forbes, a research associate in the International Finance and Macroeconomics and Monetary Economics programs has joined the Business Cycle Dating Committee (BCDC).

Forbes is an expert on monetary policy, exchange rates, capital flows, and financial regulation who has also served in a number of important public policy roles, including as a member of the Monetary Policy Committee at the Bank of England, a member of the White House Council of Economic Advisers, and as a deputy assistant secretary at the US Department of the Treasury. 

Members of the BCDC are appointed by the NBER president, with approval of the BCDC committee chair and the chair of the NBER Board of Directors.

Kristin Forbes, Joseph Doyle, Miro Kazakoff, Andrew Lo, Arathi Mehrotra, Nikolaos Trichakis, Adrien Verdelhan, and Sean Willems have each won a 2021 Teaching with Digital Technology Award from MIT for their work teaching on campus and/or remotely. These student-nominated awards recognize faculty and instructors who have used digital technology to improve teaching and learning for MIT students. This recognition also gives the MIT community the opportunity to learn from their innovative practices.

The awards are co-sponsored by MIT Open Learning and the Office of the Vice Chancellor. This year students submitted a total of 230 nominations for 104 faculty and instructors, and 23 winners (35% from MIT Sloan) were selected by Dean for Digital Learning Krishna Rajagopal and Vice Chancellor Ian Waitz, in partnership with a panel of MIT students.  

Kristin Forbes has received a Bicentennial Medal from Williams College. The award is given to a small number of alumni each year for distinguished achievement in their fields.

Kristin Forbes has been named an Honorary Commander of the Order of the British Empire (CBE) by Her Majesty Queen Elizabeth II for services to the British economy (recognizing Forbes’ outstanding service contributions from 2014 to 2017 as an External Member of the Monetary Policy Committee of the Bank of England). Appointments to The Most Excellent Order of the British Empire reward contributions to the arts and sciences, work with charitable and welfare organizations, and public service. A CBE is among the most prestigious honors bestowed in the United Kingdom (after the highest, Knight or Dame). Awards given to non-UK citizens are “honorary.” Recipients of the award traditionally receive the insignia of the Order in London at Buckingham Palace, in an Investiture ceremony presided over by Queen Elizabeth II (or her designate, such as the Prince of Wales).

Kristin Forbes was named a life member of the Council on Foreign Relations (CFR), a nonpartisan and independent national membership organization, think tank, and publisher. The CFR is dedicated to being a resource for policymakers and interested citizens to help them better understand the world and the foreign policy choices facing the United States and other countries.

"The Trilateral Commission is a non-governmental, policy-oriented discussion group of about 350 distinguished citizens from Western Europe, North America and Pacific Asia formed to encourage mutual understanding and closer cooperation among these three regions on common problems."