Jeffrey Campbell

Frances D. Rasmus and Jerome A. Castellini Professor of Economics

Economics

Office
3023 Jenkins And Nanovic Halls
Notre Dame, IN 46556
Phone
574-631-9382
Email
jcampb24@nd.edu
Website
https://sites.google.com/nd.edu/jrcampbell/home

Frances D. Rasmus and Jerome A. Castellini Professor of Economics

  • Econometrics
  • Industrial Organization
  • Macroeconomics
  • Inflation
  • Business Cycles
  • Federal Reserve Bank

Campbell in the News

No Kings Alliance joins 'We Ain't Buying it' economic boycott of major stores

Video

WSBT 22 asked how the economy would suffer if many people participated in the economic boycott. "Saying that you're going to delay your purchases has no impact on the retailers above, forcing them to carry inventory for a few after days. And that's really a very minor thing," said Jefferey Campbell, Notre Dame professor of economics.

The state of the economy, SNAP benefits post-shutdown

Video

ABC57’s Jordan Tolbert spoke to Jeffrey Campbell, Ph.D, Frances D. Rasmus and Jerome A. Castellini Professor of Economics at Notre Dame. He says the economic impacts from the shutdown are very small.

Reopening government could avert recession, but risks remain, economists say

The end of the government shutdown will quickly reverse most of the economic damage, since furloughed workers are expected to spend backpay and SNAP recipients will likely rush to address any household food shortage, Jeffrey Campbell, an economics professor at the University of Notre Dame and a former senior economist at the Federal Reserve Bank of Chicago, told ABC News.

Could the government shutdown tip the US into a recession? Experts weigh in

"​​Shutdowns involve extremely little money because most federal spending is on autopilot," Jeffrey Campbell, an economics professor at the University of Notre Dame and a former senior economist at the Federal Reserve Bank of Chicago, told ABC News.

Cheddar | Big Business This Week

How will the shutdown impact the U.S. economy?

As the federal government shutdown enters its third week, BBTW editor Peter S. Green spoke with Jeffrey Campbell, the Frances D. Rasmus and Jerome A. Castellini Professor of Economics at the University of Notre Dame, about the impact of the shutdown on the U.S. economy. Mr. Campbell is also a former senior economist at the Chicago Fed.

Tariffs impacting Hoosiers' wallets

Video

As the Trump administration negotiates trade deals with various countries, local economist Jeffery Campbell says Americans are beginning to feel the impacts. Campbell says in South Bend and Elkhart, manufacturing and agricultural businesses will gain the most.

EWTN News Nightly

EWTN News Nightly | Tuesday, August 26, 2025

Video

All of this comes as the President tries to put increasing pressure on the Fed to lower interest rates. For more, let's bring in Jeffrey Campbell. He is a former senior economist and research advisor at the Federal Reserve Bank of Chicago and current professor at Notre Dame. [interview starts around the 3:15 mark]

Local economists weigh in on Trump administration's tariff deadline extension

Video

"President Trump is going to try to be deliberately difficult to predict in order to improve his bargaining position with other countries,” said Jeffrey Campbell, University of Notre Dame Professor of Economics.

Notre Dame professor weighs in on whether $1k Trump Accounts will cause baby boom

Video

Notre Dame Economics Professor Jeffrey Campbell said, "After all, other people's children are going to pay your Social Security. So it's a big deal, having a large number of children."

President Trump's tariff pause creates uncertainty for next 90 days

Video

Notre Dame Economics Professor Jeffery Campbell says he isn't concerned by the reduced tariffs, believing that a recession won't happen and that this is all part of the president's plan.

America adjusting to tariffs: Fluctuating markets, uncertainty

Video

"The trade barriers that the Trump administration is putting on are clearly designed to move income away from people who are rich and who don't make things toward people who are less rich or lower income and who do make things," said Jeffrey Campbell, University of Notre Dame Professor of Economics.

EWTN News Nightly

Rising Tariffs and Their Impact on the American Wallet

Video

Rising tariffs are set to impact prices across essential goods, from food to energy, as the White House moves forward with economic measures targeting China, Mexico, and Canada. Supporters argue these tariffs are necessary for national security, while critics warn of rising costs for American families. Inflation remains a significant concern as experts weigh in on the long-term consequences for households. Jeffrey Campbell, professor of economics at the University of Notre Dame, joins us to discuss what to expect from these tariffs and how individuals can prepare for the economic shifts ahead.

Politically Speaking: Understanding Trump's Policy Proposals for His Second Term

Video

Tariffs, inflation, and the Fed: Jeff Campbell unpacks Trump's proposed economic policies.

Let's talk about that pesky debt ceiling

The debt does not need to return to zero. Unlike households, the government can borrow relatively indefinitely. So while there’s no fixed number for how much a country can borrow relative to its economic productivity, and therefore no fixed limit to the ceiling, the key, says Jeffrey Campbell, a professor of economics at the University of Notre Dame, is credibility.

Notre Dame Economic Professor talks stock market concerns

Video Audio

ABC57's Tim Spears spoke with Notre Dame Economic Professor Jeff Campbell about the recent stock market dip that seems to be in response to a U.S. jobs report that did not show the level of economic growth that many expected. 

EWTN News Nightly

Stocks Tumble as the World Fears a Possible Recession

Video Audio

Professor of Economics at the University of Notre Dame, Jeffrey Campbell, joins to explain why the jobs numbers are triggering this kind of fallout. 

EWTN News Nightly

Economic Issues Heading into the Election

Video Audio

A recent study found that 91% of adult Gen Zers surveyed said housing affordability will influence their presidential pick; while, on the other hand, millennials, Gen Xers and baby boomers all said the economy was their top issue in the upcoming presidential election. Joining us now to talk about this more is Jeffrey Campbell, professor of macroeconomics at the University of Notre Dame. (Wed., June 5; starts at 16:42)

EWTN News Nightly

Unemployment Rate Rose to 3.9% in April with 175,000 Jobs Added

According to the US Labor Department, 175,000 jobs were added in April, roughly 60,000 less than expected. The unemployment rate rose to 3.9%, up slightly from March numbers. Economic Professor from the University of Notre Dame, Jeffrey Campbell, joins to share what this says about the state of our economy. 

The Taylor Swift stock-market effect? We are convinced.

“The market does not respond to pop stars,” says Jeffrey Campbell, an economics professor at the University of Notre Dame.