Janet Louise Yellen (Born August 13, 1946 in Brooklyn, NY) is an economist and president of the Federal Reserve Bank of San Francisco. Dr. Yellen is Professor Emeritus at the University of California, Berkeley's Haas School of Business, where she was the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics and has been a faculty member since 1980. Dr. Yellen graduated magna cum laude from Pembroke College (Brown University) with a degree in economics in 1967, and received her PhD in Economics from Yale University in 1971. She received the Wilbur Cross Medal from Yale in 1997, an honorary Doctor of Laws degree from Brown in 1998, and an honorary Doctor of Humane Letters from Bard College in 2000. Since 1980, she has been conducting research at the Haas School and teaching macroeconomics to full-time and part-time MBA students. Twice she has been awarded the Haas School's outstanding teaching award. In addition, she served as chair of the President's Council of Economic Advisers from 1997 to 1999, and was a member of the Federal Reserve System's Board of Governors from 1994 to 1997. She has taught at Harvard University and at the London School of Economics. Yellen serves as president of the Western Economic Association International and is a former vice president of the American Economic Association. She is a fellow of the Yale Corporation. Yellen is considered by many on Wall Street to be an Inflation Dove (as concerned with unemployment as inflation) and as such is less likely to advocate Federal Reserve interest rate hikes, as compared, for example, to William Poole (St. Louis Fed President) an Inflation Hawk (see definitions under Inflation) She is married to George Akerlof, a Nobel prize-winning economist and professor emeritus at the University of California, Berkeley. (via Wikipedia)
Title:
18th Chair of the Council of Economic Advisors
Spouse:
George Akerlof
Preceded By:
Joseph Stiglitz
President:
Bill Clinton
Succeeded By:
Martin N. Baily
Name:
Janet Louise Yellen
Birthplace:
Brooklyn, New York
End Date:
Jan 1, 1999
Birth Date:
Aug 13, 1946
University Attended:
Pembroke College
Yale University
Start:
1997
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