Jonathan Morduch is Professor of Public Policy and Economics at the Wagner Graduate School of Public Service at New York University. His research focuses on finance, inequality, and poverty.

Morduch is the author with Rachel Schneider of The Financial Diaries: How American Families Cope in a World of Uncertainty (Princeton 2017), which reports on the financial lives of 235 working Americans over the course of a year ( With Dean Karlan, he has written a new, empirically-oriented principles of economics text, Economics (McGraw-Hill 2017, 2nd ed.).

Morduch is also co-author of Portfolios of the Poor: How the World’s Poor Live on $2 a Day (Princeton 2009) and The Economics of Microfinance (MIT Press 2010). He is coeditor of Banking the World: Empirical Foundations of Financial Inclusion (MIT Press).

Morduch is a founder and Executive Director of the NYU Financial Access Initiative ( He has taught on the Economics faculty at Harvard, and has held visiting positions at Stanford, Princeton, Hitotsubashi University and the University of Tokyo. Morduch received a BA from Brown, Ph.D. in Economics from Harvard, and an honorary doctorate from the Free University of Brussels for his work on microfinance. In 2016-17, Morduch was the Roger W. Ferguson. Jr. and Annette L. Nazareth member at the Institute for Advanced Study in Princeton.