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Jeffrey Alexander "Jeff" Frankel (born November 5, 1952, in San Francisco, California) is an international macroeconomist. He works as the James W. Harpel Professor of Capital Formation and Growth at Harvard Kennedy School. [1]
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Jeffrey Alexander "Jeff" Frankel (born November 5, 1952, in San Francisco, California) is an international macroeconomist. He works as the James W. Harpel Professor of Capital Formation and Growth at Harvard Kennedy School. [1]
Frankel graduated from Swarthmore College in 1974 with a B.A. in economics. He then received his Ph.D. from MIT in 1978. [2]
Frankel began his career as an assistant professor at the University of Michigan (1978–1979). [2]
He then worked at UC Berkeley as an assistant professor (1979–1980), an associate professor (1980–1987) and a professor of economics (1987–1999). He also was a visiting professor at Yale in 1980. [2] He eventually joined Harvard in 1999. [3]
Frankel was a member of the Council of Economic Advisers under President Bill Clinton, [4] Frankel's contributions include showing econometrically that openness is good for economic growth, by means of a gravity model of trade (with David Romer).[ citation needed ]
Frankel directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research and is also on the Business Cycle Dating Committee, which officially declares US recessions.[ citation needed ]
According to The Market Oracle Frankel says no new monetary policy, after inflation targeting, has been decided on for offering financial stability. [5]
Frankel has co-authored a number of books and has written for The Guardian. [6]
Rüdiger Dornbusch was a German economist who worked in the United States for most of his career.
Lawrence Henry Summers is an American economist who served as the 71st United States Secretary of the Treasury from 1999 to 2001 and as director of the National Economic Council from 2009 to 2010. He also served as president of Harvard University from 2001 to 2006, where he is the Charles W. Eliot University Professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. In November 2023, Summers joined the board of directors of artificial general intelligence company OpenAI.
Paul Robin Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.
The Plaza Accord was a joint agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British pound sterling by intervening in currency markets. The U.S. dollar depreciated significantly from the time of the agreement until it was replaced by the Louvre Accord in 1987. Some commentators believe the Plaza Accord contributed to the Japanese asset price bubble of the late 1980s.
James Bradford "Brad" DeLong is an American economic historian who has been a professor of economics at the University of California, Berkeley since 1993.
Strong dollar policy is United States economic policy based on the assumption that a "strong" exchange rate of the United States dollar is in the interests of the United States. In 1971, Treasury Secretary John Connally famously remarked how the US dollar was "our currency, but your problem," referring to how the US dollar was managed primarily for the US' interests despite it being the currency primarily used in global trade and global finance. A strong dollar is recognized to have many benefits but also potential downsides. Domestically in the US, the policy keeps inflation low, encourages foreign investment, and maintains the currency's role in the global financial system. Globally, a strong dollar is thought to be harmful for the rest of the world. In financial markets, the strength of the dollar is measured in the "DXY Index", an index which measures the exchange rate of the dollar relative to other major currencies.
Dani Rodrik is a Turkish economist and Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. He was formerly the Albert O. Hirschman Professor of the Social Sciences at the Institute for Advanced Study in Princeton, New Jersey. He has published widely in the areas of international economics, economic development, and political economy. The question of what constitutes good economic policy and why some governments are more successful than others at adopting it is at the center of his research. His works include Economics Rules: The Rights and Wrongs of the Dismal Science and The Globalization Paradox: Democracy and the Future of the World Economy. He is also joint editor-in-chief of the academic journal Global Policy.
Peter Bain Kenen was an American economist, who was the Walker Professor of Economics and International Finance at Princeton University, and senior fellow in international economics at the Council on Foreign Relations.
Barry Julian Eichengreen is an American economist and economic historian who is the George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. Eichengreen is a research associate at the National Bureau of Economic Research and a research fellow at the Centre for Economic Policy Research.
Carl Kaysen was an American academic, policy advisor and international security specialist at the Massachusetts Institute of Technology (MIT) and co-chair of the Committee on International Security Studies at the American Academy of Arts and Sciences. He is the father of Girl, Interrupted author Susanna Kaysen. He was married for 50 years to Annette Neutra until her death in 1990. In 1994, he married Ruth Butler.
Per Anders Åslund is a Swedish economist and former Senior Fellow at the Atlantic Council. He is also a chairman of the International Advisory Council at the Center for Social and Economic Research (CASE).
Jeffrey B. Liebman is an American economist and academic. Since 2014, Liebman has served as director of the Rappaport Institute for Greater Boston at Harvard Kennedy School.
Frederic Michael Scherer is an American economist and expert on industrial organization. Since 2006, he continues as a professor of economics at the JFK School of Government at Harvard University.
Jeffrey Alan "Jeff" Miron is an American economist. He served as the chairman of the department of economics at Boston University from 1992 to 1998, and currently teaches at Harvard University, serving as a senior lecturer and director of undergraduate studies in Harvard's economics department. Miron holds the position of director of economic policy studies at the Cato Institute.
Currency intervention, also known as foreign exchange market intervention or currency manipulation, is a monetary policy operation. It occurs when a government or central bank buys or sells foreign currency in exchange for its own domestic currency, generally with the intention of influencing the exchange rate and trade policy.
Yasheng Huang is an American professor in international management at the MIT Sloan School of Management, where he founded and heads the China Lab and India Lab. His research areas include human capital formation in China and India.
Edwin (Ted) M. Truman is an American economist specializing in international financial institutions, especially the International Monetary Fund and sovereign wealth funds. He has been a Senior Fellow with the Peterson Institute for International Economics since 2001. Truman has worked quietly over the years on international financial crises issues. Nobel laureate Paul Krugman described Truman as the "George Smiley of international economics".
The Harvard Institute for International Development (HIID) was a think-tank dedicated to helping nations join the global economy, operating between 1974 and 2000. It was a center within Harvard University, United States.
Woo Wing Thye is a Malaysian-American economist. He is currently Vice President for Asia of the UN Sustainable Development Solutions Network; Distinguished Fellow of the Penang Institute in George Town, Malaysia; National Distinguished Fellow in the Thousand Talents Program of China; Changjiang Professor in China; and Distinguished Professor Emeritus of Economics at University of California, Davis. He is also Director of the East Asia Program within the Center for Sustainable Development at Columbia University and a member of the International Advisory Council at the Center for Social and Economic Research (CASE); and holds academic positions Fudan University in Shanghai, Henan University in Kaifeng, Xinjiang University of Finance and Economics in Urumuchi, Peking University in Beijing, and Sunway University in Kuala Lumpur.
Simon Wren-Lewis is a British economist. He is a professor of economic policy at the Blavatnik School of Government at Oxford University and a Fellow of Merton College.
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