Centennial Professor of Economics
Philip Jefferson, a former research economist at the Federal Reserve Board, teaches macroeconomics and econometrics. His recent research has delved into such issues as the role of education as a buffer against unemployment, the effect of business cycles on poverty rates, and the distribution of income between labor and capital.
Jefferson, whose research has been funded by the National Science Foundation and who served as president of the National Economic Association in 2005, can also provide expert commentary on the Federal Reserve and the monetary policy making process.
Jefferson has held visiting appointments at the Federal Reserve Bank of New York and the University of California. Before coming to Swarthmore in 1997, he taught at Columbia University and the University of Virginia. He holds a B.A. in economics from Vassar College and an M.A. and Ph.D. in economics from the University of Virginia.