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Yellen is professor emeritus at the Haas School of Business and the University of California, Berkeley, where she has been a faculty member since 1980 and became the Eugene E. and Catherine M. Trefethen Professor of Business Administration and Professor of Economics.
Apr 19, 2024 · Janet Yellen, American economist, the first woman chair (2014–18) of the Board of Governors of the Federal Reserve System (‘the Fed’), the central bank of the United States, and the first woman Treasury secretary (2021– ). Read more about her education and career in this article.
- Early Life and Education
- Notable Accomplishments
- Economic Philosophy
- Personal Life
- The Bottom Line
Janet Yellen, born on August 13, 1946, in the Bay Ridge neighborhood of Brooklyn, New York, to a Polish Jewish family, has had a distinguished career in economics and public service. Her mother, Anna Ruth, was an elementary school teacher and her father, Julius, was a doctor who treated patients out of the family's brownstone.Demonstrating early ac...
Janet Yellen has made significant contributions to economic policy and governance through her roles on various economic committees and councils, including the Organisation for Economic Cooperation and Development (OECD), the U.S. Council of Economic Advisors, and the American Economic Association. She was also an advisor for the U.S. Congressional ...
Yellen is a staunch economic dove (supporting low-interest rates and expansionary monetary policies, valuing low unemployment over keeping inflation low). Much of the research she performed as an academic economist focused on employment. She and her husband, George Akerlof, are both Keynesian economists who believe that economic markets need govern...
While working at the Federal Reserve in 1977, Yellen met fellow economist George Akerlof. They married in 1978, and have a son, Robert, who is also an economics professor. Yellen's professional life has been marked by her contributions to labor and macroeconomics, particularly through her work on efficiency wages, which she explored alongside her h...
Janet Yellen is a highly accomplished American economist who has made history by becoming the first woman to serve as both the Chair of the Federal Reserve and the Secretary of the Treasury. Her economic philosophy emphasizes the importance of government regulation in economic markets and prioritizes low unemployment. Throughout her career, she has...
Janet Louise Yellen was born in Bay Ridge, Brooklyn in 1946. Her mother, Anna Ruth, was an elementary school teacher while her father, Julius, worked as a family physician, treating patients out of the ground floor of the family’s brownstone. In 1967, Secretary Yellen graduated from Brown University and went on to earn her PhD at Yale.
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Yellen attended Brown University, deepening her interest in economics and graduating with a B.A. in 1967. She then continued her studies at Yale University, earning her Ph.D. in 1971, the only woman among 24 Ph.D. graduates in Economics.
Jan 9, 2023 · In this episode, author and journalist Jon Hilsenrath discusses his new biography of her, Yellen, and how her upbringing and marriage reveal a lot about her professional path. Hilsenrath...
Janet L. Yellen took office as chair of the Board of Governors of the Federal Reserve System in February 2014, for a four-year term ending February 3, 2018. She was succeeded by Jerome Powell. Yellen graduated summa cum laude from Brown University with a degree in economics in 1967.
