Dr. Jonathan Parker

Professor

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Biography

Jonathan Parker is the Robert C. Merton (1970) Professor of Financial Economics at MIT Sloan and co-director of the MIT Sloan Consumer Finance Initiative. His academic expertise spans economics, finance, and accounting, focusing particularly on household finance, financial markets, macroeconomics, and public policy. A prominent researcher, Parker has an extensive publication record regarding macroeconomic risks, asset returns, household financial decisions, national saving, and business cycle measurements. His current research includes assessing liquidity's impact on household financial decisions and employing machine learning techniques for optimizing household portfolios. His work has a significant influence on understanding household financial innovations and their effects on stock market dynamics. Parker previously served as an economic adviser at the Congressional Budget Office and has been a visiting scholar at various Federal Reserve Banks. He is a recognized leader in the field and has received multiple honors for his contributions to academic research, including the 2024 TIAA Paul Samuelson Award for Outstanding Scholarly Writing.

Research Interests