Kammala wannan magana: A shekara ta 2007, Elmendorf ya fara aiki don sanannen tattalin arziki mai tunani na Cibiyar Brookings, tare da shirya littafin "Brookings Papers on Economic Activity" sau biyu a shekara. A shekara ta 2008, Jason Furman, darektan kungiyar Brookings da aka fi sani da Hamilton Project ya tafi ya shiga kungiyar
Yaƙin neman zaɓe na Obama. Elmendorf ya maye gurbinsa a matsayin darektan Shirin, wani dandalin tattaunawa kan manufofin tattalin arziki wanda Sakataren Baitulmalin Bill Clinton Robert Rubin ya kirkira - mai ba da shawara ga cinikayya kyauta da karamin rashi.