Douglas Elmendorf
| Douglas Elmendorf | |
|---|---|
 |
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| Dean of the John F. Kennedy School of Government at Harvard University | |
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Assumed office January 1, 2016 |
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| Preceded by | David T. Ellwood |
| Director of the Congressional Budget Office | |
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In office January 22, 2009 – March 31, 2015 |
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| Preceded by | Robert A. Sunshine (Acting) |
| Succeeded by | Keith Hall |
| Personal details | |
| Born |
Douglas William Elmendorf April 16, 1962 Poughkeepsie, New York, United States |
| Alma mater |
Princeton University Harvard University |
| Academic career | |
| Doctoral advisor |
Martin Feldstein |
Douglas William Elmendorf is an American economist who is the Dean and Don K. Price Professor of Public Policy at Harvard Kennedy School. He previously served as the Director of the Congressional Budget Office (CBO) from 2009 to 2015. He was a Brookings Institution senior fellow from 2007 to 2009, and briefly in 2015 following his time at the CBO, and was a director of the Hamilton Project at Brookings.
Born in Poughkeepsie, New York, Elmendorf attended the Poughkeepsie Day School and graduated from Spackenkill High School. He spent his early career as an academic and educator. He went to Princeton University as an undergraduate, studying economics, and then headed to Harvard University to obtain his master’s and Ph.D. in the same subject. After graduating in 1989, he stayed at Harvard for five years, working closely with economics professor Martin Feldstein, the director of the Council of Economic Advisers under President Ronald Reagan.
In 1993, Elmendorf moved to public life, working for the Congressional Budget Office for the first time. He spent a year as an associate analyst before joining full-time in 1994 as a principal analyst where Elmendorf focused on health-care issues and the economic effects of budget deficits. Working under Director Robert D. Reischauer, Elmendorf worked on a team that concluded President Bill Clinton's health reform package would cost much more than originally thought. This analysis helped cripple Clinton's attempt to reform health care.
Elmendorf only stayed a year at the CBO as a principal analyst before heading to the Federal Reserve Board as an economist while Alan Greenspan headed it. In 1998, his travels through the financial departments of the federal government continued, as Elmendorf moved to the Council of Economic Advisers, working as a senior economist under Director Janet Yellen. After staying at the CEA for a year, Elmendorf then joined the United States Treasury Department as deputy assistant secretary for economic policy, working under Clinton Treasury Secretary of the United States Lawrence Summers. When George W. Bush took office, Elmendorf moved back to the Fed as a senior economist and in 2002, he got a promotion to chief of the macroeconomics analysis team, leading a group of 30 economists and researchers as they forecasted inflation rates and labor markets.
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