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    • Erin Laviola
    • Akerlof Won a Nobel Prize for His Work on How ‘Asymmetric Information’ Impacts Prices. Akerlof, like his wife, is a renowned professional in the economics fields.
    • Akerlof Taught Economics at UC Berkeley For Most of His Career. Attending Yale University became a family tradition in the Akerlof household. His father worked as a chemist at Yale and Akerlof’s older brother also attended.
    • Akerlof & Yellen Met in the Cafeteria at the Federal Reserve & Married After Less Than a Year. Akerlof and Yellen’s love story began in a cafeteria at the Federal Reserve.
    • The Couple’s Son, Robert, Became an Economics Professor. Akerlof and Yellen have one child together. Their son, Robert Akerlof, was born in June 1981. Robert followed in his parents’ footsteps and pursued a career in economics.
  1. Nov 22, 2022 · By her side for that journey was her longtime research partner and husband, Nobel Prize-winning economist George Akerlof. This exclusive excerpt recounts how the pair met. – Marriage of the...

  2. In 1978, Akerlof married Janet Yellen, an economist who is the current United States Secretary of the Treasury and former chair of the Federal Reserve, as well as a professor emeritus at Berkeley's Haas School of Business. [19] [20] [21] They have one child, a son named Robert, who was born in 1981. [6]

  3. Sep 1, 1996 · George Akerlof and Janet Yellen look at the rise in out-of-wedlock birth rates since 1970 and the demise of the shotgun marriage.

  4. en.wikipedia.org › wiki › Janet_YellenJanet Yellen - Wikipedia

    Yellen is married to George Akerlof, an economist who is a university professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley, as well as a 2001 Nobel Memorial Prize in Economic Sciences laureate.

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  6. By GEORGE A. AKERLOF AND JANET L. YELLEN* There have been natural reasons for the recent development and partial acceptance of efficiency wage theory. Some theory em-bodying payment of more than market-clear-ing wages is necessary to explain important features of the labor market, such as the existence of involuntary unemployment; the

  7. Sep 29, 2013 · The Fed was under pressure in 1977 with rising inflation unsettling the economy. Truman assigned Yellen to research international monetary reform. Akerlof, 73, whose early paper, "The Market...

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