Jay Shambaugh is a member of the Council of Economic Advisers. He is on leave from George Washington University where he is a Professor of Economics and International Affairs. Dr. Shambaugh had also served as a Faculty Research Fellow and Research Associate at the National Bureau of Economic Research since 2007. He previously held positions within the Council of Economic Advisers between 2009 and 2011, first as a Senior Economist from 2009 to 2010 and then Chief Economist from 2010 to 2011. Dr. Shambaugh has held several teaching positions within economic departments across the country as an Associate Professor with tenure at the George Washington University from 2012 to 2013, a Visiting Associate Professor at Georgetown University’s McDonough School of Business from 2011 to 2012, and an Assistant Professor and then Associate Professor from 2002 to 2011 at Dartmouth College.

From 2011 to 2013, Dr. Shambaugh was also a Visiting Scholar at the International Monetary Fund. He was a Visiting Fellow at the Institute of International Integration Studies at Trinity College, Dublin from 2005 to 2006. Dr. Shambaugh received a B.A. from Yale, an M.A.L.D. from The Fletcher School at Tufts University, and a Ph.D. in Economics from the University of California, Berkeley.