Jason Cummins is an American

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

. He is the Head of Research and Chief US Economist at Brevan Howard Asset Management, an international

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as s ...

management group. Cummins is the Chairman of the Treasury Borrowing Advisory Committee (TBAC), a government-appointed panel under The Securities Industry and Financial Markets Association (SIFMA). Cummins also serves as a trustee on the board of

The Brookings Institution The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in e ...

and director on the board of

Peterson Institute for International Economics The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...

Education

Cummins earned a Ph.D. in Economics from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

, where he was a John M. Olin Fellow. Cummins received his B.A. from Swarthmore College in Swarthmore, Pennsylvania.

Career

Cummins has been the Head of Research and Chief U.S. Economist at Brevan Howard Asset Management since 2004. Cummins develops the firm’s outlook for the economy, politics, and markets, advises traders on portfolio management and manages the global research team. Before his time with Brevan Howard, Cummins was senior economist at the

Federal Reserve Board The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...

in Washington D.C., where he led the macro forecasting team as part of the Division of Research and Statistics. At the Federal Reserve, Cummins’ was responsible for preparing the staff’s forecast for the

Federal Open Market Committee The Federal Open Market Committee (FOMC), a committee within the Federal Reserve System (the Fed), is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treas ...

, briefing the Federal Reserve Board of Governors on current developments, preparing speeches and testimony, and publishing scholarly research.

Research

His research includes analysis of temporary partial expensing, valuation of intangible capital, how uncertainty affects company investment, the relationship between the technological gap and productivity growth in postwar United States (1947-2000), and how competitive pressure doesn’t always promote efficiency due to a relative information disadvantage.

References

{{DEFAULTSORT:Cummins, Jason Living people Columbia Graduate School of Arts and Sciences alumni Swarthmore College alumni 21st-century American economists American hedge fund managers Year of birth missing (living people) Peterson Institute for International Economics Brookings Institution people Federal Reserve economists