Janet Louise Yellen
Personal Information
Born: 1946
Country of Birth: USA
Nationality: USA
Ethnicity: White
Education
Brown University BA Econommics 1967; Yale University MA & PhD Economics 1971
Professional Life
Field of Study: Economics
Institution/Corporation: Harvard University; London School of Economics; UC Berkeley; National Bureau of Economic research; Brookings Institute
Degrees & Memberships: Honorary Degrees: Brown University (1998) Bard College (2000) NYU (2014) London School of Economics (2015) Yale University (2018) University of Warwick (2015) University of Baltimore (2016) Tel Aviv University (2019) University of Michigan (2019) University of Pennsylvania (2021); Member: Federal Reserve Board of Directors (1994-1997)*Phi Beta Kappa*Western Economic Association International*American Economics Association (2012) Berkeley Fellow*American Academy of Arts & Sciences (2001) Council of Foreign Relations (2005) Group of 30 (2009) Econometric Society (2014) National Association for Business Economics (2010) Honorary Fellow British Academy (2016)
Awards & Achievements
Awards: 1985 & 1988 Outstanding Teaching Award, Haas School of Business, UC Berkeley; 1986-87, Guggenheim Fellowship; 2000-2006 Yale Corp Fellow; 1997 Wilbur Cross Medal, Yale Graduate School of Arts & Sciences; 2010, Adam Smith Award, National Association for Business Economics; 2015, Elizabeth Blackwell Award, Hobart & William Smith College; 2016, Radcliffe Medal, Radcliffe Institute for Advanced Study; 2017, President's Medal, Brown University; 2017, Paul H. Douglas Award for Ethics in Government, Institute of Government & Public Affairs (with Ben Bernanke); 2019, the Foundation Medal, UC Santa Cruz; 2019, The Legend in Leadership Award, Chief Executive Leadership Institute; 2019, Dean's Medal, Brandeis International Business School; 2019, Truman Medal for Economic Policy, Truman Library Institute; 2023, Paul A. Volcker Lifetime Achievement Award for Economic Policy, National Association for business Economics; 2014,2015,2017,1023, named 1 of the 100 Most Influential People in the World by Time Magazine; 2014, named the 2nd Most Powerful Woman in the world by forbes Magazine
Achievements: Her academic career focused on the analyses of the mechanisms of employment & labor markets, monetary & fiscal policies & international trade; with husband, George Akerlof, coined "the fair wage effort hypothesis" & "the gift-exchange game;" was the 1st female Secretary of the Treasury; argued a little inflation was healthy for the economy & would prevent recessions; 1st female chair of the Federal Reserve
Born & raised in Brooklyn, NY
78th US Secretary of the Treasury & 1st female to hold the position (2021)
Family is from Sokoliew, Podlaski a small town approximately 50 miles outside of Warsaw; nearly its entire Jewish population, including many of her relatives, were deported or murdered during the Holocaust
In high school was an honor society member & participated in booster, psychology, & history clubs; was editor-in-chief of the school newspaper & valedictorian of her class; school tradition called for the editor-in-chief to interview the valedictorian so she interviewed herself in the 3rd person
Her academic career focused on the analysis of the mechanisms of unemployment & labor markets, monetary & fiscal policies, & international trade
While at the Federal Reserve, preferred to be referred to as "chair" a gender neutral term as opposed to chairman or chairwoman