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George Akerlof
George Arthur Akerlof (born June 17, 1940) is an American economist and 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. Akerlof was awarded the 2001 Nobel Memorial Prize in Economic Sciences, jointly with Michael Spence and Joseph Stiglitz, "for their analyses of markets with asymmetric information." He is the husband of former United States Secretary of the Treasury Janet Yellen. Early life and education Akerlof was born in New Haven, Connecticut, on June 17, 1940, into a Jewish family. His mother was Rosalie Clara Grubber (née Hirschfelder), a housewife of History of the Jews in Germany, German Jewish descent, and his father was Gösta Carl Åkerlöf, a chemist and inventor, who was a Swedish Americans, Swedish immigrant. "The Princeton Country Day School ended at grade nine. At that point most of my classmates dispersed among different New England prep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Keynesian Economics
New Keynesian economics is a school of macroeconomics that strives to provide microfoundations, microeconomic foundations for Keynesian economics. It developed partly as a response to criticisms of Keynesian macroeconomics by adherents of new classical macroeconomics. Two main assumptions define the New Keynesian approach to macroeconomics. Like the New Classical approach, New Keynesian macroeconomic analysis usually assumes that households and firms have rational expectations. However, the two schools differ in that New Keynesian analysis usually assumes a variety of market failures. In particular, New Keynesians assume that there is imperfect competition in price and wage setting to help explain why prices and wages can become "Sticky (economics), sticky", which means they do not adjust instantaneously to changes in economic conditions. Wage and price stickiness, and the other present descriptions of market failures in New Keynesian Model (macroeconomics), models, imply that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doctor Of Philosophy
A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of Postgraduate education, graduate study and original research. The name of the degree is most often abbreviated PhD (or, at times, as Ph.D. in North American English, North America), pronounced as three separate letters ( ). The University of Oxford uses the alternative abbreviation "DPhil". PhDs are awarded for programs across the whole breadth of academic fields. Since it is an earned research degree, those studying for a PhD are required to produce original research that expands the boundaries of knowledge, normally in the form of a Thesis, dissertation, and, in some cases, defend their work before a panel of other experts in the field. In many fields, the completion of a PhD is typically required for employment as a university professor, researcher, or scientist. Definition In the context o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leave Of Absence
The labour law concept of leave, specifically paid leave or, in some countries' long-form, a leave of absence, is an authorised prolonged absence from work, for any reason authorised by the workplace. When people "take leave" in this way, they are usually taking days off from their work that have been pre-approved by their employer in their contracts of employment. Labour laws normally mandate that these paid-leave days be compensated at either 100% of normal pay, or at a very high percentage of normal days' pay, such as 75% or 80%. A furlough is a type of leave. There are many subcategories of paid leave, usually dependent on the reasons why the leave is being taken. Sick leave is normally compensated at 100% of pay, while other types of leave are often more restrictive, such as only compensating a certain percentage of normal pay, or as regards paid holidays, which in some countries are granted automatically by national governments, such as in most European Union countries, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Reserve Board Of Governors
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States. Governors are appointed by the president of the United States and confirmed by the Senate for staggered 14-year terms.See It is headquartered in the Eccles Building on Constitution Avenue, N.W. in Washington, D.C. Statutory description By law, the appointments must yield a "fair representation of the financial, agricultural, industrial, and commercial interests and geographical divisions of the country". As stipulated in the Banking Act of 1935, the chair and vice chair of the Board are two of seven members of the Board of Governors who are appointed by the president from among the sitting governors of the Federal Reserve Banks. The terms of the seven members of the Board span multiple presidential ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Economic Advisers
The Council of Economic Advisers (CEA) is a United States agency within the Executive Office of the President established in 1946, which advises the president of the United States on economic policy. The CEA provides much of the empirical research for the White House and prepares the publicly-available annual Economic Report of the President. The council is made up of its chairperson and generally two to three additional member economists. Its chairperson requires appointment and Senate confirmation, and its other members are appointed by the President. Activities Economic Report of the President The report is published by the CEA annually in February, no later than 10 days after the Budget of the US Government is submitted. The president typically writes a letter introducing the report, serving as an executive summary. The report proceeds with several hundred pages of qualitative and quantitative research reviewing the impact of economy, economic activity in the previous ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Statistical Institute
The Indian Statistical Institute (ISI) is a public research university headquartered in Kolkata, India with centers in New Delhi, Bengaluru, Chennai and Tezpur. It was declared an Institute of National Importance by the Government of India under the Indian Statistical Institute Act, 1959. Established in 1931, it functions under the Ministry of Statistics and Programme Implementation of the Government of India. Primary activities of ISI are research and training in statistics, development of theoretical statistics and its applications in various natural and social sciences. Key areas of research at ISI are statistics, mathematics, theoretical computer science and mathematical economics. It is one of the few research oriented Indian institutes offering courses at both the undergraduate and graduate level. Apart from the degree courses, ISI offers a few diploma and certificate courses, special diploma courses for international students via ISEC, and special courses in collaborati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lawrenceville School
The Lawrenceville School is a Private school, private, coeducational College-preparatory school, preparatory school for boarding and day students located in the Local government in New Jersey, unincorporated community of Lawrenceville, New Jersey, Lawrenceville within Lawrence Township, Mercer County, New Jersey, Lawrence Township in Mercer County, New Jersey, Mercer County, in the U.S. state of New Jersey. Lawrenceville is a member of the Eight Schools Association and the Ten Schools Admission Organization. History 19th century Lawrenceville School was founded in 1810 as the Maidenhead Academy by Presbyterianism, Presbyterian clergyman Isaac Van Arsdale Brown. One of the oldest University-preparatory school, preparatory schools in the United States, it has had several names, including Lawrenceville Classical and Commercial High School and Lawrenceville Academy. In 1883, the John Cleve Green Foundation purchased the school from its aging headmaster Samuel McClintock Hamill, Sam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Princeton Day School
Princeton Day School is a private coeducational day school located in Princeton, in Mercer County, in the U.S. state of New Jersey, serving students in pre-kindergarten through twelfth grade. The largest division is the Upper School (grades 9–12), with an enrollment of about 420. The school has been accredited by the Middle States Association of Colleges and Schools Commission on Elementary and Secondary Schools since 1989.Princeton Day School Commission on Elementary and Secondary Schools. Retrieved April 3, 2022. As of the 2021–22 school year, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Michigan
The University of Michigan (U-M, U of M, or Michigan) is a public university, public research university in Ann Arbor, Michigan, United States. Founded in 1817, it is the oldest institution of higher education in the state. The University of Michigan is one of the earliest American research universities and is a founding member of the Association of American Universities. In the fall of 2023, the university employed 8,189 faculty members and enrolled 52,065 students in its programs. The university is Carnegie Classification of Institutions of Higher Education, classified among "R1: Doctoral Universities – Very high research activity". It consists of nineteen colleges and offers 250 degree programs at the undergraduate and graduate levels. The university is Higher education accreditation in the United States, accredited by the Higher Learning Commission. In 2021, it ranked third among American universities in List of countries by research and development spending, research expe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Americans
Swedish Americans () are Americans of Swedish descent. The history of Swedish Americans dates back to the early colonial times, with notable migration waves occurring in the 19th and early 20th centuries and approximately 1.2 million arriving between 1865–1915. These immigrants settled predominantly in the Midwest, particularly in states like Minnesota, Illinois, and Wisconsin, in similarity with other Nordic and Scandinavian Americans. Populations also grew in the Pacific Northwest in the states of Oregon and Washington at the turn of the twentieth century. As a community, Swedish Americans have contributed to various aspects of American life, including politics, the arts, sciences, and business. They brought with them distinct cultural traditions like unique culinary practices, language, and celebrations such as Midsummer. These traditions are preserved by institutions such as the American Swedish Institute in Minneapolis, the American Swedish Historical Museum in Phil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of The Jews In Germany
The history of the Jews in Germany goes back at least to the year 321 CE, and continued through the Early Middle Ages (5th to 10th centuries CE) and High Middle Ages (c. 1000–1299 CE) when Jewish immigrants founded the Ashkenazi Jewish community. The community survived under Charlemagne, but suffered during the Crusades. Accusations of well poisoning during the Black Death (1346–1353) led to mass slaughter of German Jews, while others fled in large numbers to Poland. The Jewish communities of the cities of Mainz, Speyer and Worms became the center of Jewish life during medieval times. "This was a golden age as area bishops protected the Jews, resulting in increased trade and prosperity." The First Crusade began an era of persecution of Jews in Germany. Entire communities, like those of Trier, Worms, Mainz and Cologne, were slaughtered. The Hussite Wars became the signal for renewed persecution of Jews. The end of the 15th century was a period of religious hatred that ascr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the Cabinet of the United States, president's cabinet and, by law, a member of the United States National Security Council, National Security Council, and fifth in the U.S. presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the United States Senate Committee on Finance, Senate Committee on Finance, will take the office if confirmed by the majority of the full United States Senate. The United States Secretary of State, secretary of state, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
