Alan Blinder | |
|---|---|
 | |
| 15th Vice Chairman of the Federal Reserve | |
| In office June 27, 1994 – January 31, 1996 | |
| President | Bill Clinton |
| Preceded by | David W. Mullins Jr. |
| Succeeded by | Alice Rivlin |
| Member of the Federal Reserve Board of Governors | |
| In office June 27, 1994 – January 31, 1996 | |
| President | Bill Clinton |
| Preceded by | David W. Mullins Jr. |
| Succeeded by | Alice Rivlin |
| Personal details | |
| Born | October 14, 1945 New York City, U.S. |
| Education | Princeton University (BA) London School of Economics (MS) Massachusetts Institute of Technology (PhD) |
| Academic career | |
| Field | Macroeconomics |
| School or tradition | New Keynesian economics |
| Doctoral advisor | Robert Solow |
| Doctoral students | Julio Rotemberg |
| Information at IDEAS / RePEc | |
Alan Stuart Blinder (/ˈblaɪndər/, born October 14, 1945) is an American economics professor at Princeton University and is listed among the most influential economists in the world.[1] He is a leading macro-economist, politically liberal, and a champion of Keynesian economics and policies.[2]
Blinder served on President Bill Clinton's Council of Economic Advisers from January 1993 to June 1994[3] and as the vice chairman of the Federal Reserve from June 1994 to January 1996.[4]
His academic work has focused particularly on monetary policy and central banking,[5] and on the "offshoring" of jobs. His writing has been published in The New York Times, The Washington Post, as well as a monthly column in The Wall Street Journal.
Regarding the 2008 near-meltdown of major financial institutions, Blinder drew ten lessons for fellow economists, including “Excessive complexity is not just anti-competitive, it's dangerous” and “Illiquidity closely resembles insolvency.” [6][7]
- ^ Cite error: The named reference
influential economist per RePEcwas invoked but never defined (see the help page). - ^ World Economics, “Keeping the Keynesian Faith”, Brian Snowden, April-June 2001. The year earlier [Jan. 2000] interview with Alan Blinder starts on page 6.
- ^ Princeton Economist to Be Named To Clinton's Council, Aides Say, New York Times (archives), Louis Uchitelle, Jan. 4, 1993.
- ^ Cite error: The named reference
pbiowas invoked but never defined (see the help page). - ^ "Alan Blinder".
- ^ Cite error: The named reference
learnwas invoked but never defined (see the help page). - ^ National Bureau of Economic Research, US Business Cycle Expansions and Contractions. The recession was later determined to have begun in Dec. 2007 with the bottom occurring in June 2009. And from that point forward until Feb. 2020, the US economy was in expansion mode.