Jon Steinsson

Research Bio

Jon Steinsson is a macroeconomist whose research focuses on monetary economics and business cycles. His work combines innovative empirical methods with a tight connection to economic theory to shed light on a range of topics including the effects of monetary and fiscal policy. He is best known for work on the monetary non-neutrality, the government spending multiplier, sticky prices, forwards guidance, and the Phillips curve. 

He is the Marek Professor of Public Policy and Economics  at UC Berkeley. He is also Co-Director of the Monetary Economics program of the National Bureau of Economic Research and co-Editor of the Brookings Papers on Economic Activity. He is a member of the American Academy of Arts and Sciences and a Fellow of the Econometric Society. He grew up in Iceland and has participated actively in the political and economic discourse in that country.

Research Expertise and Interest

macroeconomics, Monetary economics, business cycle fluctuations

In the News

Prices are spiking for homes, cars and gas. Don’t be alarmed, economists say

The U.S. Department of Labor reported yesterday that the Consumer Price Index rose 5% in May, following a 4.2% jump in April. But at UC Berkeley, high-level economists are offering some calming advice: A measure of inflation is inevitable as the U.S. economy comes back online, but it will likely be modest. And it will almost certainly blow over as the economy stabilizes.
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