Valerie Ramey is the Thomas Sowell Senior Fellow and Deputy Director of Research at the Hoover Institution. She is also a Research Associate of the National Bureau of Economic Research, a Research Fellow of the Centre for Economic Policy and Research, a member of the American Academy of Arts and Sciences, and a Fellow of the Econometric Society. She has served as co-editor of the American Economic Review and as a member of several National Science Foundation Advisory Panels and the Federal Economic Statistics Advisory Committee. She currently serves on the Panel of Economic Advisers for the Congressional Budget Office and is chair of the NBER Business Cycle Dating Committee. She is a co-editor of the NBER Macro Annual.
Ramey has published numerous scholarly articles and policy-relevant articles on macroeconomic topics such as the sources of business cycles, the effects of monetary and fiscal policy, the effects oil price shocks, and the impact of volatility on growth. She has also written numerous articles on trends in wage inequality and trends in time use, such as the increase in time investments in children by educated parents. Her work has been featured in major media, such as the Wall Street Journal and the New York Times.

