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Economics Department, Brown UniversityGauti B. Eggertsson

Earlier homepage and biography

The portrait, homepage and biography from the former Google site.

This is an archive of the former Google site. See the current homepage and biography for current information.

Portrait of Gauti B. Eggertsson from the former Google site Brown University seal from the former Google site

Former homepage

Gauti Bergþóruson Eggertsson, 

Dupee Family Professor of Economics, 

Economic Department, Brown University

Brown University

Economics Department 

Robinson Hall

64 Waterman Street

Providence, RI 02912 

tel: (401) 863 2145

email: gauti_eggertsson@brown.edu

Office: 102 B Robinson Hall    

Blog: Economic Notes

Research summary in NBER Reporter 2017

Recent (completed and working papers):

*A Unified Theory of the Great Depression and the Great Recession (with Sergey K. Egiev), Journal of Economic Literature, December 2025, 63(4), 1424–1551  

*It’s Baaack: The Inflation Surge of 2020s and the Return of the Non-Linear Phillips Curve (with Pierpaolo Benignio), Revised October, 2025.

*The Forward Guidence Puzzle is not a Puzzle, (with Finn Schule), NBER WP 33180, 2024

* Revisiting the Phillips and Beveridge Curves: Insights from the 2020s Inflation Surge, Jackson Hole Symposium (with Pierpaolo Benignio), 2024

*The Slanted-L Phillips Curve (with Pierpaolo Benigno), AEA P&P, May 2024.

*The Inflation Surge of the 2020: The Role of Monetary Policy (with Donald Kohn), August 2023

Podcasts:

* Podcast with Edward Brown on the Demand Side, October, 2020. 

* Podcast with David Beckworth on Macro Musings, January, 2017.

* Podcast with David Beckworth on Macro Musings, January, 2024.

Former biography

Gauti B. Eggertsson is a macroeconomist and a Professor of Economics at Brown University Economics Department. He received his Ph.D. in Economics from Princeton University in 2004, after having completed his B.S. in economics from the University of Iceland. He has worked at Research Departments of the International Monetary Fund and the Federal Reserve Bank of New York. Since graduation he has also been visiting faculty at Princeton, Yale, and Columbia where he taught international finance and macroeconomics at both graduate and undergraduate level. Eggertsson has published in a variety of professional journals such as the American Economic Review, American Economic Journal: Macroeconomics, American Economic Review: Insights, Brookings Papers on Economics Activity, Economic Journal, Journal of Monetary Economics, Journal of Money, Credit and Banking, Review of Economic Studies, Review of Economic Dynamics and the Quarterly Journal of Economics. The main focus of his work is the analysis of monetary and fiscal policy over the business cycle, both from a modern and historical perspective.

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