Mankiw to Chair CEA

NBER Research Associate N. Gregory Mankiw, Director of the National Bureau's Program of Research on Monetary Economics, has been nominated by President Bush to become Chairman of the Council of Economic Advisers. His appointment requires Senate confirmation. Mankiw replaces NBER Research Associate R. Glenn Hubbard, who will be returning to Columbia University.

Mankiw is the Allie S. Freed Professor of Economics at Harvard University. He received his A.B. from Princeton University and his Ph.D. from MIT. His NBER affiliation began in 1985, and he has twice served as Director of the NBER's Monetary Economics Program. Mankiw also edited the NBER volume Monetary Policy, which was published by the University of Chicago Press in 1994.

Four of the recent Chairs of the President's Council of Economic Advisers were also NBER Research Associates at the time of their nominations: Martin Feldstein, appointed by Ronald Reagan; Michael Boskin, under President George H.W. Bush; Joseph Stiglitz, President William J. Clinton; and R. Glenn Hubbard, President George W. Bush.