Campus Advisories

GW classes canceled; administrative and academic offices closed on March 21

04:27am, Wednesday, March 21, 2018

GW classes are canceled, administrative and academic offices are closed, and activities and events will not take place on Wednesday, March 21 at all of our Washington metropolitan area campuses and locations because of inclement weather.

Visit for more information and changes to university services. 

photo: Jay Shambaugh

Jay Shambaugh

Professor of Economics and International Affairs
Suite 502 D
Address: Elliott School of International Affairs
1957 E Street, NW
Phone: 202-994-9208

Areas of Expertise

International Macroeconomics


Jay Shambaugh's area of research is macroeconomics and international economics. His work includes analysis of the interaction of exchange rate regimes with monetary policy, capital flows, and trade flows as well as studies of international reserves holdings, country balance sheet exchange rate exposure, the cross-country impact of fiscal policy, and the current crisis in the euro area. In addition to his book, Exchange Rate Regimes in the Modern Era (MIT Press, 2009), Shambaugh has published in The American Economic Review, The Quarterly Journal of Economics, and other leading journals.

Prior to joining the faculty at George Washington, Shambaugh taught at Georgetown and Dartmouth and served as first Senior Economist for International Economics and then Chief Economist at the White House Council of Economic Advisers. He is also a Faculty Research Fellow at the NBER and a visiting scholar at the IMF. Shambaugh received his Ph.D. in economics from the University of California at Berkeley, M.A. from the Fletcher School at Tufts, and B.A. from Yale University.


Ph.D., University of California – Berkeley