Andrew B. Abel | |
---|---|
Born | December 3, 1952 |
Alma mater | Princeton University (BA) Massachusetts Institute of Technology (PhD) |
Occupation | Economist |
Known for | Financial economics |
Scientific career | |
Institutions | University of Pennsylvania Wharton School Harvard University University of Chicago |
Doctoral advisor | Rudi Dornbusch [1] |
Doctoral students | Andrew Lo |
Website | finance |
Andrew Bruce Abel (born December 3, 1952) is an American economist who has served as a professor of economics at the University of Pennsylvania since 1987, and as the Ronald A. Rosenfeld Professor at the Wharton School since 2003. [2] [3] [4] [5]
Born in 1952, Abel received an AB ( summa cum laude ) in economics from Princeton University in 1974, and a PhD in economics from the Massachusetts Institute of Technology in 1978, where his doctoral adviser was Rudi Dornbusch. [2] He was an assistant professor at the University of Chicago from 1978 to 1980, and then an assistant professor at Harvard University from 1980 to 1983, where he was the John L. Loeb Associate Professor of the Social Sciences from 1983 to 1986. [2] In 1986, he left Harvard for the Wharton School at the University of Pennsylvania, where he has been a professor of economics since 1987, and was appointed the Ronald A. Rosenfeld Professor within the Department of Finance in 2003. [2] Abel has held visiting positions at several universities, including UCLA, Chicago Booth, Tel Aviv University, and the Hebrew University of Jerusalem. [4] [6] [7] [2]
Abel has been a research associate at the NBER since 1983, and was elected a Fellow of the Econometric Society in 1991. [2] [8] He served on the Congressional Budget Office’s Panel of Economic Advisors from 2001 to 2005. [2] With Ben Bernanke (and, in later editions, Dean Croushore), he co-authored a widely-used macroeconomics textbook.
Rüdiger Dornbusch was a German economist who worked in the United States for most of his career.
In economics, Okun's law is an empirically observed relationship between unemployment and losses in a country's production. It is named after Arthur Melvin Okun, who first proposed the relationship in 1962. The "gap version" states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2% lower than its potential GDP. The "difference version" describes the relationship between quarterly changes in unemployment and quarterly changes in real GDP. The stability and usefulness of the law has been disputed.
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
John Brian Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University, and the George P. Shultz Senior Fellow in Economics at Stanford University's Hoover Institution.
Ben Shalom Bernanke is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2007–2008 financial crisis, for which he was named the 2009 Time Person of the Year. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the Department of Economics there from 1996 to September 2002, when he went on public service leave. Bernanke was awarded the 2022 Nobel Memorial Prize in Economic Sciences, jointly with Douglas Diamond and Philip H. Dybvig, "for research on banks and financial crises", more specifically for his analysis of the Great Depression.
Timothy Jerome Kehoe is an American economist and professor at the University of Minnesota. His area of specialty is macroeconomics and international economics.
Olivier Jean Blanchard is a French economist and professor. He is Robert M. Solow Professor Emeritus of Economics at the Massachusetts Institute of Technology, Professor of Economics at the Paris School of Economics, and as the C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics.
Jeffrey Alexander "Jeff" Frankel is an international macroeconomist. He works as the James W. Harpel Professor of Capital Formation and Growth at Harvard Kennedy School.
Bendheim Center for Finance (BCF) is an interdisciplinary center at Princeton University. It was established in 1997 at the initiative of Ben Bernanke. Yacine Ait-Sahalia served as the Center's inaugural director (1998-2014). The Center is dedicated to research and education in the area of money and finance, in lieu of there not being a full professional business school at Princeton.
Elhanan Helpman is an Israeli economist who is currently the Galen L. Stone Professor of International Trade at Harvard University. He is also a Professor Emeritus at the Eitan Berglas School of Economics at Tel Aviv University. Helpman is among the thirty most cited economists in the world according to IDEAS/RePEc.
Michael Dean Woodford is an American macroeconomist and monetary theorist who currently teaches at Columbia University.
James Harold Stock is an American economist, professor of economics, and vice provost for climate and sustainability at Harvard University. He is co-author of Introduction to Econometrics, a leading undergraduate textbook, and co-editor of the Brookings Papers on Economic Activity. Stock served as a Chair of the Harvard Economics Department from 2007 to 2009 and as a member of President Obama's Council of Economic Advisers from 2013 to 2014.
Christina Duckworth Romer is the Class of 1957 Garff B. Wilson Professor of Economics at the University of California, Berkeley and a former chair of the Council of Economic Advisers in the Obama administration. She resigned from her role on the Council of Economic Advisers on September 3, 2010.
Gita Gopinath is an Indian-American economist who has served as the first deputy managing director of the International Monetary Fund (IMF), since 21 January 2022. She had previously served as chief economist of the IMF between 2019 and 2022.
Apostolos Serletis is a Greek economist who is a professor of Economics at the University of Calgary.
Zvi Eckstein is a full professor, dean, Arison School of Business and Tiomkin School of Economics at The Interdisciplinary Center Herzliya - IDC. Emeritus Professor at the Eitan Berglas School of Economics, Tel Aviv University. Head, the Aaron Economic Policy Institute, IDC, Herzliya. University of Pennsylvania, the Wharton School, Finance Department, Judith C. and William G. Bollinger Visiting Professor. Served as deputy governor, Bank of Israel (2006-2011). The Walras-Bowely Lecturer, the Econometric Society, North America Summer Meetings, Pittsburgh, US, June 19, 2008. Fellow of the Econometric Society.
Anna Mikusheva is the Edward A. Abdun-Nur (1924) Professor of Economics at Massachusetts Institute of Technology. She was the 2012 recipient of the Elaine Bennett Research Prize, a bi-annual prize that recognizes and celebrates research by a woman in the field of Economics, and was selected as a Sloan Research Fellow in 2013. She is a co-editor of the journal Econometric Theory.
Dirk Krüger is a German economist and currently Walter H. and Leonore C. Annenberg Professor in the Social Sciences and Professor of Economics at the University of Pennsylvania. He holds a secondary appointment at the Wharton School. His research focuses on macroeconomic risk, public finance and labor economics.
Saeed Moshiri is an Iranian economist and Professor of Economics at the University of Saskatchewan. He is known for his works on growth, innovation, productivity and energy.
{{Infobox academic | name = Assaf Razin | image = | image_size = | caption = | birth_date = 1941 | birth_place = Shamir, Israel | death_date = | death_place = | occupation = Economist, academic and author | boards = First International Bank of Israel
Gan-Shmuel Foods | spouse = Shula Razin