Charles Plosser

Charles I Plosser
11th President of the Federal Reserve Bank of Philadelphia
In office
August 1, 2006 – March 1, 2015
Preceded byAnthony Santomero
Succeeded byPatrick T. Harker
Personal details
Born (1948-09-19) September 19, 1948 (age 76)
Birmingham, Alabama, U.S.
EducationVanderbilt University (BS)
University of Chicago (MBA, PhD)
Academic career
FieldMacroeconomics
InstitutionUniversity of Rochester
Doctoral
advisor
Arnold Zellner
Other notable studentsRobert Lucas Jr.
Edward C. Prescott
Thomas Sargent
ContributionsReal business-cycle theory
Information at IDEAS / RePEc

Charles Irving Plosser (/ˈplɑːsər/; born September 19, 1948) is a former president of the Federal Reserve Bank of Philadelphia who served from August 1, 2006, to March 1, 2015.[1][2] An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr.[3] coined. Specifically, he wrote along with Charles R. Nelson in 1982[4] an influential work entitled "Trends and Random Walks in Macroeconomic Time Series" in which they dealt with the hypothesis of permanent shocks affecting the aggregate product (GDP).

  1. ^ "Executive Leadership: Charles I. Plosser, President and Chief Executive Officer", About the Fed, Federal Reserve Bank of Philadelphia, archived from the original on 2013-12-13
  2. ^ Jonathan Spicer (2015-03-02), "Philadelphia Fed names Patrick Harker as Plosser's successor", CNBC UPDATE, CNBC LLC, archived from the original on 2015-04-02, retrieved 2017-09-09
  3. ^ John B. Long faculty page Archived 2012-04-05 at the Wayback Machine, simon.rochester.edu webpage. Retrieved 2012-11-16.
  4. ^ Charles R. Nelson: Curriculum Vitae Archived May 12, 2013, at the Wayback Machine, econ.washington.edu webpage, October 2007. Retrieved 2012-11-16.