Narayana Kocherlakota's Website

I am the Lionel W. McKenzie Professor of Economics at the University of Rochester.  My name is pronounced like this.  Feel free to contact me by email at:

nkocherl at ur dot rochester dot edu

I received a Ph. D. in economics from The University of Chicago in 1987, under the guidance of Lars Peter Hansen and Jose Scheinkman (Rochester Ph. D. and Lionel McKenzie student!).  Since that time, I have held academic appointments at a number of institutions, including Stanford University, Northwestern University, The University of Iowa, and the University of Minnesota.  I was the President and CEO of the Federal Reserve Bank of Minneapolis from 2009-2015.  As part of my responsibilities in that position, I served on the Federal Open Market Committee (FOMC), the monetary policymaking arm of the Federal Reserve System.  

My past research includes theoretical and empirical contributions to many fields in economics, including the economics of money and payments, business cycles, financial economics, public finance, and dynamic games/contracts.  My current research is on monetary policy. See the research page for more information about my past and current research.

As a member of the FOMC, I spoke and wrote about a number of aspects of economic policy.  As a professor, I intend to continue to write and speak about economic policy.  See the economic policy page for more information.

Follow me on Twitter @kocherlakota009.  Please direct media enquiries to Peter Iglinski (of the University of Rochester) at or by phone at 585-273-4726.  For non-academic speaking engagements, please contact the Washington Speakers Bureau.

In Spring 2017, I'm teaching Economics 211 to undergrads and Economics 530 to Ph. D. students.  See my teaching page for more information.