Janet Yellen

Janet Louise Yellen ( born August 13, 1946 in Brooklyn, New York City ) is an American economist. Since 1 February 2014, it is the successor of President Ben Bernanke of the Federal Reserve Board ( FED).

Life

Janet Yellen was born on 13 August 1946 as the daughter of the physician Julius Yellen and Yellen Anna Blumenthal born in Brooklyn, New York. She comes from a Jewish family. Yellen received her business degree from Brown University in 1967 summa cum laude with a bachelor's degree. In 1971 she received her Ph.D. at Yale University and was a lecturer at Harvard University, which she remained until 1976 in the same year. In 2010 she was awarded the Adam Smith Prize.

Janet Yellen is married to George A. Akerlof. Her son, Robert Akerlof, is an assistant professor at the University of Warwick.

Career

1974 was Janet Yellen Associate (Research Fellow ) at the Massachusetts Institute of Technology, the same year she became assistant in the Department of International Finance at the Board of Governors of the Federal Reserve System. 1975 to 1976 she worked at the Congressional Budget Office. 1977-1978 Yellen was another staff member to the Board of Governors of the Federal Reserve System, in the field of international finance, trade and financial studies. From 1978 to 1980 she was a lecturer at the London School of Economics and Political Science, 1980, she spent as a lecturer at the School of Business Administration of the University of California, Berkeley. There it was 1982 Associate Professor (Associate Professor ) and 1985 she received at the city's Haas School of Business a full professorship; now she is Emerita.

From 1994 to 1997 Yellen was a member of the Board of the Board of Governors of the Federal Reserve System. In 1997 she was appointed as chairman in the Council of Economic Advisers to the U.S. President Bill Clinton and remained there until 1999. Between 14 June 2004 and 4 October 2010, she was president and CEO of the Federal Reserve Bank of San Francisco. In 2009, Janet Yellen voting member of the Federal Open Market Committee, the body that determines the monetary policy of the United States. In March 2010, she was appointed by Barack Obama to the candidate to succeed Donald Kohn, the deputy central bank governors, and on October 4, Ben Bernanke took her oath of office as Vice- President of the Fed.

On October 9, 2013, it was nominated as successor to Ben Bernanke at the helm of the Federal Reserve Board ( FED) from February 1, 2014 January 6, 2014, the Senate of the United States voted for it.