Three New Directors Elected to NBER Governing Board.

• Author: O'Hara, Maureen
• Position: NBER News

Maureen O'Hara, Christopher Sims, and Richard H. Steckel were elected to the NBER Board of Directors at the board's September 2021 meeting.

O'Hara is the Robert W. Purcell Professor of Finance at Cornell University's Johnson Graduate School of Management. She is the board representative of the American Finance Association. Her research focuses on market microstructure, most recently including issues such as how exchange-traded funds affect market stability, liquidity in corporate bond markets, and transaction costs in bit-coin. She is a past president of the American Finance Association, the Western Finance Association, the Financial Management Association, and the Society for Financial Studies, and serves on the Board of Trustees of Teachers Insurance and Annuity Association (TIAA). For more than a decade, she chaired the board of the Investment Technology Group, Inc., a global agency brokerage firm.

She received her BS in economics from the University of Illinois, and an MS in economics and PhD in finance from Northwestern University.

Sims is the John J. F. Sherrerd '52 University Professor of Economics, emeritus, at Princeton University. He is that university's representative on the board of directors. His main areas of research are econometric theory for dynamic models and macro-economic theory and policy. Together with Thomas Sargent, he was awarded the Nobel Memorial Prize in Economic Sciences in 2011 for "empirical research on cause and effect in the macroeconomy." Sims is a past president of the American Economic Association and the...