Philip Jefferson, a former research economist at the Federal Reserve Board, serves as the chief academic officer at Davidson College. His recent research has delved into issues such as the role of education as a buffer against unemployment, the effect of business cycles on poverty rates, and the distribution of income between labor and capital. Jefferson provides expert commentary on the Federal Reserve and the monetary policymaking process. Jefferson has held visiting appointments at the Federal Reserve Bank of New York and the University of California. Before coming to Davidson, he taught at Swarthmore College, Columbia University and the University of Virginia.