NBER researchers entering public service in 2012.

• Position: NBER News

A number of NBER researchers were tapped for important public policy positions in the past year. Jeremy Stein, formerly a Research Associate in the NBER's Programs on Corporate Finance and Monetary Economics, resigned from the NBER when he was confirmed as a member of the Board of Governors of the Federal Reserve System. Stein is on leave from Harvard University, where he holds the Moise Y. Safra Professorship of Economics.

James Stock also resigned from his position as a Research Associate, in this case in the NBER's Programs on Asset Pricing, Economic Fluctuations and Growth, and Monetary Economics, when he accepted the position of Chief Economist of the President's Council of Economic Advisers (CEA). Stock, also a member of the Harvard University faculty, is on leave from his position as the Harold Hitchings Burbank Professor of Political Economy.

A number of other researchers are serving in various government positions...