Kristin Forbes


Jerome and Dorothy Lemelson Professor of Management
Professor of Global Economics and Management

 

Kristin Forbes' research addresses policy-related questions in international finance and economics, including financial contagion, capital flow volatility, financial crises, capital controls, foreign investment, and tax holidays.

Forbes frequently rotates between academia and policy positions in the United States government. She currently serves as a member of the Governor's Council of Economic Advisors for the state of Massachusetts. From 2003 to 2005, she served as a member of the White House’s Council of Economic Advisers; and from 2001 to 2002, she served as a deputy assistant secretary in the U.S. Treasury Department. Before joining MIT, Forbes worked at the World Bank and Morgan Stanley. She recently was honored as a Young Global Leader as part of the World Economic Forum at Davos, Switzerland.

Forbes is a Research Associate at the National Bureau of Economic Research, a member of the Bellagio Group, Trilateral Commission, and Council on Foreign Relations. She is on the academic advisory board for the Peterson Institute for International Economics and Center for Global Development. She also is a founding member of Deworm the World, a nonprofit organization that has helped deworm more than one million children around the world.

Forbes holds a BA from Williams College (summa cum laude with highest honors) and a PhD in economics from MIT.


Faculty Media

  • MIT Sloan professor Kristin Forbes named to UK Monetary Policy Committee

    MIT Sloan professor Kristin Forbes has been appointed as an external member of the U.K. Monetary Policy Committee (MPC) by Chancellor of the Exchequer George Osborne. In this role, she will...


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  • Contagion Thesis Once Derided Proven by Kristin Forbes

    Kristin Forbes, an economist at the Massachusetts Institute of Technology, talks about global financial markets and the European debt crisis. Forbes, who authored a paper presented at the Kansas...


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  • Bubble Thy Neighbor: Portfolio Effects and Externalities from Capital Controls

    Working Paper Abstract: We use changes in Brazils tax on capital inflows from 2006 to 2011 to test for direct portfolio effects and externalities from capital controls on investor portfolios. The analysis is structured based on information from investor interviews. We find that an increase in Brazils tax on foreign investment in bonds causes investors to significantly decrease their portfolio allocations to Brazil in both bonds and equities. Investors simultaneously increase allocations to...


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  • Containing Contagion: There is no replacement for good macro-fundamentals Kristin Forbes

    What began as a singular sovereign debt problem in Greece in 2009 quickly spread to the rest of Europe. First Ireland; then Portugal and Spain and Italy. Todayonly three years after the first signs...


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  • Kristin Forbes named to International Monetary Fund's Generation Next list

    25 economists under 45 who are shaping the way we think about the global economy KRISTIN FORBES, 44, American, Bank of England and MIT, has held positions in both academia and the U.S. and U.K....


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Contact Information

Office: E62-416
Phone: (617) 253-8996
Fax: (617) 253-2660
Email: kjforbes@mit.edu
Website: http://web.mit.edu/kjforbes/www/index.html
Support Staff
Name: Jessica Anderson
Phone: (617) 253-6679