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Faculty Profile: Stephen G. Cecchetti

Stephen G. Cecchetti

Rosen Family Chair in International Finance in the Brandeis International Business School

Macroeconomics, monetary policy, banking, central banking and financial regulation.

Stephen G. Cecchetti is the Rosen Family Chair in International Finance at the Brandeis International Business School. He previously taught at Brandeis from 2003 to 2008. Before rejoining Brandeis in 2014, he completed a five-year term as economic adviser and head of the monetary and economic department at the Bank for International Settlements in Basel, Switzerland. During his time at the Bank for International Settlements, Cecchetti participated in the numerous post-crisis global regulatory reform initiatives. This work included involvement with both the Basel Committee on Banking Supervision and the Financial Stability Board in establishing new international standards for ensuring financial stability. He has also taught at the New York University Leonard N. Stern School of Business and, for 15 years, was a member of the department of economics at The Ohio State University.

In addition to his other appointments, Cecchetti served as executive vice president and director of research at the Federal Reserve Bank of New York from 1997–1999; editor of the Journal of Money, Credit, and Banking from 1992–2001; and has been a Research Associate of National Bureau of Economic Research since 1989, as well as a research fellow of the Centre for Economic Policy Research since 2008. In 2016, he received an Honorary Doctorate in Economics from the University of Basel.

Cecchetti’s research interests include monetary policy, the economics of financial regulation, macroeconomic theory, and price and inflation measurement. He has published widely in academic and policy journals, and is the author of a leading textbook in money and banking.

Cecchetti coauthors with Kim Schoenholtz a blog at

University of California, Berkeley, Ph.D.
University of California, Berkeley, M.A.
Massachusetts Institute of Technology, B.S.


Awards & Honors:
  • (2016) Honorary Doctorate in Economics, University of Basel, Switzerland
  • (2006) Keynote Speaker, Annual Research Conference of the Bank of Finland Institute for Economies in Transition
  • (2002) Ohio State University Distinguished Lecturer