Kristin J. Forbes

Faculty

Kristin J. Forbes

About

Kristin Forbes is the Jerome and Dorothy Lemelson Professor of Management and Global Economics at MIT’s 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 combining academics with 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.

Forbes 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” and in 2015 received a Bicentennial Medal from Williams College.  She was previously named as a "Young Global Leader" as part of the World Economic Forum at Davos. Forbes is currently a research associate at the NBER, and a member of the Bellagio Group and Council on Foreign Relations.

Forbes’ academic research addresses policy-related questions in international macroeconomics. Recent projects include work on capital flows, financial crises, contagion, exchange rates, 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 with a BA in economics and received her PhD in economics from MIT.

Honors

Kristin Forbes receives Bicentennial Medal

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

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

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

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

Publications

"How have Shanghai, Saudi Arabia, and Supply Chains Affected U.S. Inflation Dynamics?"

Forbes, Kristin J. Federal Reserve Bank of St. Louis Review. Forthcoming. Presentation.

"​Fixing the Astrolabe: Global Factors and Inflation Models."

Kristin J. Forbes. In Proceedings of the 2018 ECB Forum on Central Banking, Sintra, Portugal: Forthcoming.

"Monetary Policy at the Effective Lower Bound: Less Potent? More International? More Sticky?"

Forbes, Kristin J. In Brookings Papers on Economic Activity, Fall Meetings, Washington, DC: September 2018.

"The Shocks Matter: Improving Our Estimates of Exchange Rate Pass-Through."

Forbes, Kristin J., Ida Hjortsoe, and Tsvetelina Nenova. Journal of International Economics Vol. 114, (2018): 255-275. Data and Replication Files. Pre-print on SSRN. Online Appendix.

"Has ​Globalization Changed the Inflation Process?"

Kristin J. Forbes. In 17th BIS Annual Research Conference, Zurich, Switzerland: June 2018.

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