Three New Directors Elected to NBER Board

R. Glenn Hubbard, Angelo Melino, and John Pepper were elected to the NBER Board of Directors at the Board’s September 23 meeting.

Hubbard will represent Columbia University. He is the Russell L. Carson Professor of Finance and Economics and the Director of the Jerome A. Chazen Institute for Global Business at the Columbia Business School. He is also the Dean Emeritus of the School. Between 2001 and 2003, he served as the chairman of the President’s Council of Economic Advisers, and between 1991 and 1993, as the Deputy Assistant Secretary for Tax Policy at the US Treasury Department. He was a Research Associate in four NBER programs — Corporate Finance, Economic Fluctuations and Growth, Monetary Economics, and Public Economics — prior to joining the Board. Hubbard received his undergraduate degree in economics from the University of Central Florida and his PhD from Harvard. 

Melino will represent the University of Toronto. He is a Professor of Economics at the university and a Research Fellow at the C.D. Howe Institute. In the 1980s, Melino was a Faculty Research Fellow and a Research Associate in the NBER Financial Markets and Monetary Economics program. His research focuses on financial markets, macroeconomics, and time series econometrics. He previously served on the NBER Board as the representative of the Canadian Economic Association. He received his undergraduate degree from the University of Toronto and his PhD from Harvard University. 

Pepper will represent the University of Virginia. He is the Merrill S. Bankard Professor of Economics, and the past chair of the university’s economics department. His research focuses on applied econometrics and public finance, with particular emphasis on social safety net programs that are designed to provide food security, and on the measurement and economic analysis of criminal behavior. Pepper received his undergraduate degree in quantitative economics from Tufts University, and his PhD from the University of Wisconsin, Madison.