Martin Neil Baily

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Martin Baily
Martin Baily Council of Economic Advisers.jpg
Chair of the Council of Economic Advisers
In office
August 12, 1999 – January 20, 2001
PresidentBill Clinton
Preceded byJanet Yellen
Succeeded byGlenn Hubbard
Personal details
Born (1949-03-29) March 29, 1949 (age 74)
Exeter, England, UK
Political partyDemocratic
SpouseVickie Baily
EducationKing's College, Cambridge (BA)
Massachusetts Institute of Technology (MA, PhD)

Martin Neil Baily (born January 13 1945) is an economist at the Brookings Institution and formerly at the Peterson Institute. He is best known for his work on productivity and competitiveness and for his tenure as a cabinet member[1][2] during the Clinton Administration. He was one of three members of the Council of Economic Advisers from 1994 to 1996, and chairman of the Council from 1999 to 2001. [3] He currently co-chairs the Bipartisan Policy Center's Financial Regulatory Reform Initiative and serves as a senior advisor at Albright Stonebridge Group.

Baily was a senior fellow at the Brookings Institution (1979–89) and subsequently professor of economics at the University of Maryland (1989–96). He was vice chairman of a National Academy of SciencesNational Research Council panel investigating the effect of computers on productivity. Baily co-founded the microeconomics issues of the Brookings Papers on Economic Activity. He was a principal at McKinsey & Company's Global Institute (1996–99) and has been a senior adviser to McKinsey since 2002. He joined the board of The Phoenix Companies in 2005 and is an academic adviser to the Congressional Budget Office and associate editor of the Journal of Economic Perspectives.[citation needed]

Baily earned his Ph.D. in economics at the Massachusetts Institute of Technology (MIT) and his undergraduate degree at Cambridge University (UK), and taught at MIT and Yale University. He is the author of numerous books and articles and coauthor with Jacob Kirkegaard of Transforming the European Economy (2004).[citation needed]


Congressional testimony:


  1. ^ "Martin Neil Baily". Brookings. 2016-03-31. Retrieved 2020-01-20.
  2. ^ "Newsroom". PIIE. 2016-02-02. Retrieved 2020-01-20.
  3. ^ "Former Chairs of the Council of Economic Advisers". The White House. Retrieved 2020-01-20.
  4. ^ Baily, Martin Neil (18 April 2013). "Discussing the Global Investment in American Jobs Act of 2013". Brookings Institution. Retrieved 11 September 2013.
  5. ^ "H.R. 2052 - Summary". United States Congress. Retrieved 11 September 2013.

External links[edit]

Political offices
Preceded by Chair of the Council of Economic Advisers
Succeeded by