Li joined the University of Arkansas in 2018 and leads the behavioral lab at the Walton College of Business.
Achyuta Adhvaryu starts work as director of the center on Jan. 1 next year.
He will work in the government agency’s newly created Office of the Chief Economist for the 2022-2023 academic year.
During his tenure at the central banking system, Michael S. Barr will take an unpaid leave of absence but retains his academic appointments.