Martin Neil Baily

Martin Baily

Chair of the Council of Economic Advisers
In office August 12, 1999 – January 20, 2001
President	Bill Clinton
Preceded by	Janet Yellen
Succeeded by	Glenn Hubbard
Personal details
Born	(1949-03-29) March 29, 1949 Chicago, Illinois, U.S.
Political party	Democratic
Spouse(s)	Vickie Baily
Children	4
Alma mater	King's College, Cambridge Massachusetts Institute of Technology

Martin Neil Baily (born March 29, 1949) 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. 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 Sciences – National 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.

Baily earned his Ph.D. in economics at the Massachusetts Institute of Technology (MIT) and his undergraduate degree at King's College, Cambridge (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).

Activities

Congressional testimony:

Political offices
Preceded by Janet Yellen	Chair of the Council of Economic Advisers 1999–2001	Succeeded by Glenn Hubbard

Chairs of the Council of Economic Advisers

Nourse Keyserling Burns Saulnier Heller Ackley Okun McCracken Stein Greenspan Schultze Weidenbaum Feldstein Sprinkel Boskin Tyson Stiglitz Yellen Baily Hubbard Mankiw Rosen Bernanke Lazear Romer Goolsbee Krueger Furman

Cabinet

Secretary of State	Warren M. Christopher (1993–97) Madeleine Albright (1997–2001)

Secretary of the Treasury	Lloyd Bentsen (1993–94) Robert Rubin (1995–99) Larry Summers (1999–2001)

Secretary of Defense	Les Aspin (1993–94) William J. Perry (1994–97) William S. Cohen (1997–2001)

Attorney General	Janet Reno (1993–2001)

Secretary of the Interior	Bruce Babbitt (1993–2001)

Secretary of Agriculture	Mike Espy (1993–94) Dan Glickman (1995–2001)

Secretary of Commerce	Ron Brown (1993–96) Mickey Kantor (1996–97) William M. Daley (1997–2000) Norman Mineta (2000–01)

Secretary of Labor	Robert Reich (1993–97) Alexis M. Herman (1997–2001)

Secretary of Health and Human Services	Donna Shalala (1993–2001)

Secretary of Housing and Urban Development	Henry G. Cisneros (1993–97) Andrew M. Cuomo (1997–2001)

Secretary of Transportation	Federico Peña (1993–97) Rodney Slater (1997–2001)

Secretary of Energy	Hazel O'Leary (1993–97) Federico Peña (1997–98) Bill Richardson (1998–2001)

Secretary of Education	Richard W. Riley (1993–2001)

Secretary of Veterans Affairs	Jesse Brown (1993–97) Togo West (1998–2000)

* Acting secretary

Cabinet-level

Vice President	Al Gore (1993–2001)

White House Chief of Staff	Mack McLarty (1993–94) Leon Panetta (1994–97) Erskine Bowles (1997–98) John Podesta (1998–2001)

Administrator of the Environmental Protection Agency	Carol M. Browner (1993–2001)

Ambassador to the United Nations	Madeleine Albright (1993–97) Bill Richardson (1997–98) Richard C. Holbrooke (1999–2001)

Director of the Office of Management and Budget	Leon Panetta (1993–94) Alice Rivlin (1994–96) Franklin D. Raines (1996–98) Jack Lew (1998–2001)

Director of National Drug Control Policy	Lee P. Brown (1993–95) Barry McCaffrey (1996–2001)

Trade Representative	Mickey Kantor (1993–97) Charlene Barshefsky (1997–2001)

Director of the Federal Emergency Management Agency	James L. Witt (1993–2001)*

Director of Central Intelligence	R. James Woolsey Jr. (1993–95) John M. Deutch (1995–96) George Tenet (1997–2001)

Chairperson of the Council of Economic Advisers	Laura Tyson (1993–95) Joseph Stiglitz (1995–97) Janet Yellen (1997–99) Martin Neil Baily (1999–2001)

Administrator of the Small Business Administration	Philip Lader (1994–97) Aída M. Álverez (1997–2001)

* took office in 1993, raised to cabinet-rank in 1996

Authority control	WorldCat Identities VIAF: 94868934 LCCN: n82042101 ISNI: 0000 0001 0859 426X GND: 131732501 SUDOC: 031929265 BNF: cb12305407p (data) NDL: 001168631

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