Edward Gramlich is the Richard B. Fisher Senior Fellow at the Urban Institute. Gramlich came to the Institute in 2006 following a year as interim provost at the University of Michigan. Prior to that he served as a governor on the Federal Reserve Board from 1997 to 2005.

While at the Federal Reserve, Gramlich chaired its Committee on Consumer and Community Affairs, the Airline Transportation Stabilization Board, and the Neighborhood Reinvestment Corporation. Earlier, he served as chair of the Quadrennial Advisory Council on Social Security (1994-96), deputy director and acting director of the Congressional Budget Office (1986-87), senior fellow at the Brookings Institution (1973-76), director of the policy research division at the Office of Economic Opportunity (1971-73), and staff member of the research division of the Federal Reserve Board (1965-70). Gramlich also held a variety of faculty positions at the University of Michigan dating back to 1976.

Gramlich is in his second edition of the popular text A Guide to Benefit-Cost Analysis, and has authored and co-authored several other books, including Is it Time to Reform Social Security?, Collected Works on State and Local Finance, The Government We Deserve, and two volumes of Setting National Priorities. He has also written many articles on topics such as macroeconomics, budget policy, and social security.