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Charles SteindelResident Scholar

Year Joined RCNJ: 2014

Contact Information


  • B.S., Emory University
  • Ph.D., Massachussettes Institute of Technology

Courses Offered:

  • Money and Economic Activity
  • Federal Open market Committee
  • Managerial Economics

Teaching Interest:

  • Macroeconomics
  • Money and Banking
  • Public Finance and Regional Economics

Research Interest:

  • Monetary Policy and Business Cycles
  • Construction and Interpretation of Economic Data
  • Implications of State Economic Policies

Recent Publications:

  • “Economic Indicators for Professionals.” Routledge, 2019.
  • “Dart Board Budgeting with Volatile State tax Collections.” (with A.Shin, K.Huh, and A.J. Ball.) Municipal Finance Journal, Vol 36, no.3, Fall 2015.
  • “Computing the Aggregate Cost of a Disaster: National and Regional Issues.” In Pierre Filion, Gary Sands and Mark Skidmore, eds., London: Ashgate (Eds.),Cities at Risk: Planning for and Recovering from Natural Disasters. 2015.
  •  “Comment on Millionaire Migration and State Taxation of Top Incomes: Evidence from a Natural Experiment.” (with R. Cohen, and A. Lai).   Public Finance Review.. 2014.
  • “State Income Taxes and Interstate Migration” (with R. Cohen and A. Lai), Business Economics, vol. 49, no. 3, July 2014. Awarded the Abramson Scroll by the National Association for Business Economics.
  • “Tax Flight has Tangible Effects on Revenue” (with R. Cohen and A. Lai), State Tax Notes, vol. 63, no. 8, February 20, 2012.
  • “Implications of the Financial Crisis for Potential Growth: Past, Present, and Future,” in An Ocean Apart: Transatlantic Responses to the Crisis (J. Pisani-Ferry, A. Posen, and F. Saccomanni, eds.), Brussels, (Breugel/Peterson Institute), pp. 55-76, 2011 (in
  • “The Recession’s Impact on the State Budgets of New York and New Jersey” (with R. Deitz and A. Haughwout), Federal Reserve Bank of New York Current Issues in Economics and Finance, vol. 16, no. 6, June/July 2010 (
More about Charles Steindel

Charles Steindel – (PhD, Massachusetts Institute of Technology), Resident Scholar, Anisfield School of Business, Ramapo College of New Jersey.

Charles Steindel, CBETM (Certified Business Economist) is Scholar in Residence at the Anisfield School of Business, Ramapo College of New Jersey, and editor of Business Economics, the journal of the National Association for Business Economics.  From November 2010 through August 2014 he was Chief Economist at the New Jersey Department of the Treasury.  He came to the Treasury in after a long career at the Federal Reserve Bank of New York, where he was a Senior Vice President.  He has also worked at the First National Bank of Chicago and the Federal Reserve Board.  At the New York Fed he played a leading role in producing U.S. economic forecasts and in monetary policy advice. He has served as president of a number of New York area professional groups and on the Board of Directors of the National Association for Business Economics. In 2011 he received the William F. Butler Award from the New York Association for Business Economics, and in 2015 was named a Fellow of the National Association for Business Economics.

In addition, he is a member of the panel for the Survey of Professional Forecasters, and the Committee on Research in Income and Wealth, and has published many articles in fields ranging from consumer spending and economic measurement to regional economics.  He received his bachelor’s degree from Emory University and his Ph.D. from the Massachusetts Institute of Technology.

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