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About the Researcher(s)/Author(s)


Jeffrey Frankel is Harpel Professor of Capital Formation and Growth at Harvard University's Kennedy School. He directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research and is also a member of its Business Cycle Dating Committee, which officially declares the dates of U.S. recessions. Frankel was a senior staff economist at the President's Council of Economic Advisers in 1983-84, served as chief economist there in 1996-97, and was a Senate-confirmed appointee in 1997-99. Earlier in his career, he was professor of economics at the University of California, Berkeley, where he joined the faculty in 1979.

Frankel is a member of the Bellagio Group and advisory panels for the Federal Reserve Bank of New York and the Bureau of Economic Analysis. He was born in San Francisco, graduated from Swarthmore College, and received his Ph.D. in economics from MIT.

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