Jeffrey Frankel
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Through Macroeconomics and Economics
Education
Frankel graduated from Swarthmore College in 1974 with a B.A. in economics. He then received his Ph.D. from MIT in 1978.
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Career
Frankel began his career as an assistant professor at the University of Michigan (1978–1979).
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. He eventually joined Harvard in 1999.
Frankel was a member of the Council of Economic Advisers under President Bill Clinton, Frankel's contributions include showing econometrically that openness is good for economic growth, by means of a gravity model of trade (with David Romer).
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.
Opinions
According to The Market Oracle Frankel says no new monetary policy, after inflation targeting, has been decided on for offering financial stability.