Phone: +1 (202) 994-9208
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George Washington University
Washington, DC 20052
Jay C. Shambaugh is Professor of Economics and International Affairs at George Washington University. He received his Ph.D. in economics from the University of California at Berkeley, an M.A. from the Fletcher School at Tufts, and a B.A. from Yale University.
His area of research is macroeconomics and international economics. This work includes analysis of the interaction of exchange rate regimes with monetary policy, capital flows, and trade flows as well as studies of international reserves holdings, country balance sheet exchange rate exposure, the cross-country impact of fiscal policy, and the current crisis in the euro area.
Prior to joining the faculty at George Washington, he taught at Georgetown and Dartmouth and served as first Senior Economist for International Economics and then Chief Economist at the White House Council of Economic Advisers (2009-2011). He is also a Faculty Research Fellow at the NBER and a visiting scholar at the IMF. In addition to his book, Exchange Rate Regimes in the Modern Era (MIT Press, 2009), he has published in The American Economic Review, The Quarterly Journal of Economics, The Review of Economics and Statistics, The Journal of International Economics, and other leading journals. This research has been featured in the press including the Economist and the Washington Post, as well as on numerous economics blogs.
He has taught Economics 8383 International Financial Markets (PhD), Econ 6284 Survey of International Macroeconomics and Finance Theory and Policy (Masters), and Econ 2182 International macroeconomic theory and policy (undergraduate) here at GW. At other institutions, he taught undergraduate international macroeconomics, and masters level courses on international economics as well as financial markets and public policy in a time of crisis.