Janice Eberly is a Nonresident Senior Fellow at Brookings Institution in Economic Studies and co-editor of Brookings Papers on Economic Activity (BPEA). She is also the James R. and Helen D. Russell Professor of Finance and former Chair of the Finance Department at Kellogg School of Management at Northwestern University. She served as the Assistant Secretary for Economic Policy and Chief Economist at the U.S. Treasury from 2011 to 2013, where she lead the Office of Economic Policy in analysis of the U.S. and global economies, financial markets, and development of policy recommendations on micro and macroeconomic issues.
Eberly’s research focuses on finance and macroeconomics. Her work studies firms’ capital budgeting decisions and household consumption and portfolio choice. She also examines the interaction of these spending and investment choices with the macroeconomy. Her current research emphasizes household finance and intangible capital. Her work has been published in the American Economic Review, the Journal of Political Economy, Econometrica, and the Quarterly Journal of Economics, among other academic journals. She has received a Sloan Foundation research fellowship and grant funding from the National Science Foundation and the CME Trust.
Janice C. Eberly has been an Associate Editor of the American Economic Review and other academic journals and Senior Associate Editor of the Journal of Monetary Economics. Previously Professor Eberly served on the staff of the President’s Council of Economic Advisors and on the advisory committees of the Bureau of Economic Analysis (BEA) and the Congressional Budget Office (CBO). She was elected to the Executive Committee of the American Economic Association in 2008. Eberly was elected a Fellow of the American Academy of Arts and Sciences in 2013. She is on the Board of Trustees of the TIAA CREF mutual funds and the Board of Directors of the Office of Finance of the Federal Home Loan Banks. Janice Eberly received her Ph.D. in Economics from MIT.
Areas of Expertise
- Corporate Capital Structure
- Monetary Policy
- Real Options
- James R. and Helen D. Russell Professor of Finance, Northwestern University
- Assistant Secretary for Economic Policy and Chief Economist, U.S. Treasury (2011 to 2013)
- Ph.D. in Economics, MIT