Ben Bernanke

Extracted Attributes

• Education

  B.A. in Economics from Harvard University (1975); Ph.D. in Economics from MIT (1979)

• Full Name

  Ben Shalom Bernanke

• Nobel Prize

  2022 Nobel Memorial Prize in Economic Sciences

• Date of Birth

  1953-12-13

• Place of Birth

  Augusta, Georgia, U.S.

• Current Affiliations

  Distinguished Fellow at the Brookings Institution; Senior Advisor to Citadel

• Time Person of the Year

  2009

Timeline

• Born in Augusta, Georgia. (Source: Wikipedia)

  1953-12-13

• Graduated summa cum laude from Harvard University with a B.A. in economics. (Source: White House Archives)

  1975-06-01

• Received Ph.D. in economics from the Massachusetts Institute of Technology. (Source: White House Archives)

  1979-06-01

• Joined the faculty of Princeton University after teaching at Stanford Graduate School of Business. (Source: Stanford SIEPR)

  1985-09-01

• Began term as a member of the Board of Governors of the Federal Reserve System. (Source: Wikipedia)

  2002-08-05

• Sworn in as Chairman of the President's Council of Economic Advisers. (Source: White House Archives)

  2005-06-21

• Took office as the 14th Chairman of the Federal Reserve, succeeding Alan Greenspan. (Source: Britannica)

  2006-02-01

• Named Time Person of the Year for his response to the 2008 financial crisis. (Source: Wikipedia)

  2009-12-16

• Confirmed for a second term as Chairman of the Federal Reserve. (Source: Wikipedia)

  2010-01-28

• Concluded his second term as Chairman of the Federal Reserve. (Source: Wikipedia)

  2014-01-31

• Published his memoir, 'The Courage to Act,' detailing the Fed's response to the financial crisis. (Source: Wikipedia)

  2015-10-06

• Awarded the Nobel Memorial Prize in Economic Sciences for research on banks and financial crises. (Source: Britannica)

  2022-10-10

Ben Bernanke

Ben Shalom Bernanke ( bər-NANG-kee; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was named the 2009 Time Person of the Year. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the Department of Economics there from 1996 to September 2002, when he went on public service leave. Bernanke was awarded the 2022 Nobel Memorial Prize in Economic Sciences, jointly with Douglas Diamond and Philip H. Dybvig, "for research on banks and financial crises", more specifically for his analysis of the Great Depression. From August 5, 2002, until June 21, 2005, he was a member of the Board of Governors of the Federal Reserve System, proposed the Bernanke doctrine, and first discussed "the Great Moderation"—the theory that traditional business cycles have declined in volatility in recent decades through structural changes that have occurred in the international economy, particularly increases in the economic stability of developing nations, diminishing the influence of macroeconomic (monetary and fiscal) policy. Bernanke then served as chairman of President George W. Bush's Council of Economic Advisers before President Bush nominated him to succeed Alan Greenspan as chairman of the United States Federal Reserve. His first term began on February 1, 2006. Bernanke was confirmed for a second term as chairman on January 28, 2010, after being renominated by President Barack Obama, who later referred to him as "the epitome of calm." His second term ended on January 31, 2014, when he was succeeded by Janet Yellen on February 3, 2014. Bernanke wrote about his time as chairman of the Federal Reserve in his 2015 book, The Courage to Act, in which he revealed that the world's economy came close to collapse in 2007 and 2008. Bernanke asserts that it was only the novel efforts of the Fed (cooperating with other US agencies and agencies of other governments) that prevented an economic catastrophe greater than the Great Depression.

Web Search Results

• Ben Bernanke | Biography, Nobel Prize, & Facts

  Ben Bernanke (born December 13, 1953, Augusta, Georgia, U.S.) is an American economist who served as chairman of the Board of Governors of the Federal Reserve System (“the Fed”), the central bank of the United States, from 2006 to 2014. In 2022 he and two other economists, Douglas Diamond and Philip Dybvig, were awarded the Nobel Prize for Economics (the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for “research on banks and financial crises.” Bernanke, Diamond, and [...] In 2005 Bernanke was nominated by U.S. Pres. George W. Bush to succeed Alan Greenspan as chairman of the Fed. He took office on February 1, 2006. With his strong background in academia, Bernanke represented a clear break from previous Fed chairmen, who had usually come from Wall Street. While expected to uphold the style of fiscal management established by Greenspan, he brought certain important changes to the Fed, mainly in regard to inflation. Although his predecessor had rejected inflation [...] Bernanke’s tenure as head of the Federal Reserve coincided with the global financial crisis of 2007–08, which precipitated the Great Recession of 2007–09. The Academy cited the policies adopted by the Federal Reserve during that period, which helped to limit bank failures in the United States and to avert a global depression, as illustrative of the importance of the Nobel laureates’ work.

• Ben Bernanke - Wikipedia

  Ben Shalom Bernanke (/bərˈnæŋki/ bər-NANG-kee; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was named the 2009 Time Person of the Year. Before becoming Federal Reserve chairman, Bernanke was a [...] Bernanke, Ben S. (June 1983). "Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression". American Economic Review. 73 (3): 257–276. JSTOR "JSTOR (identifier)") 1808111. Bernanke, Ben S.; Blinder, Alan S. (September 1992). "The Federal Funds Rate and the Channels of Monetary Transmission". American Economic Review. 82 (4): 901–921. JSTOR "JSTOR (identifier)") 2117350. [...] Bernanke, Ben S.; Gertler, Mark; Watson, Mark (May 27, 1997). "Systematic Monetary Policy and the Effects of Oil Price Shocks". C.V. Starr Center for Applied Economics. Bernanke, Ben S.; Laubach, Thomas; Mishkin, Frederic S.; Posen, Adam S. (2001). Inflation Targeting: Lessons from the International Experience. Princeton University Press. ISBN "ISBN (identifier)") 0-691-08689-3.

• Ben Bernanke: Impact and Legacy as Federal Reserve Chair

  Ben Bernanke was Federal Reserve chair from 2006 to 2014, succeeding Alan Greenspan. Bernanke led the Fed's response to the 2008 financial crisis with measures like quantitative easing. Critics argue Bernanke's policies increased inflation and debt, but he is praised for economic recovery. He first chaired the Fed under President George W. Bush and was reappointed by President Barack Obama. Bernanke is currently an economist at the Brookings Institution and a senior advisor to Citadel. [...] Ben Bernanke was the chair of the board of governors of the U.S. Federal Reserve from 2006 to 2014. Bernanke took over the helm from Alan Greenspan on Feb. 1, 2006, ending Greenspan's 18-year leadership at the Fed.1 A former Fed governor, Bernanke was chair of the U.S. President's Council of Economic Advisors prior to being nominated as Greenspan's successor in late 2005. ## Ben Bernanke's Educational Background and Early Life [...] Ben Bernake, the former two-term chair of the Federal Reserve, is largely regarded for implementing strategies that saved the U.S. economy. His methods, albeit somewhat controversial, led to an increase in U.S. jobs, the bailout of well-known, established financial institutions, and a robust economy. His actions were not exempt from scrutiny, however, as there were a host of critics who believed his actions were more detrimental than good. Despite varying opinions, Bernake remains in high

• Ben Bernanke, who led the Fed through economic turmoil ...

  Ben Bernanke, who as chair of the Federal Reserve helped steer the U.S. economy through a global financial crisis and the Great Recession, is this year’s recipient of the SIEPR Prize. He will receive the award during an event hosted at Stanford on Sept. 23. The Stanford Institute for Economic Policy Research (SIEPR) gives this award every other year to a scholar or policymaker who has deeply influenced economic policy. [...] “It’s a tremendous honor to recognize Ben Bernanke with the SIEPR Prize,” said Mark Duggan, the Trione Director of SIEPR and the Wayne and Jodi Cooperman Professor of Economics at Stanford. “His policy decisions during and following the 2008 financial crisis and Great Recession brought the U.S. economy through a very dark time and ultimately landed the country in a much better place that clearly benefited everyday Americans and companies both large and small.” [...] A monetary economist and economic historian on the faculties of the Stanford Graduate School of Business (1979-85) and Princeton University (1985-2002), Bernanke was appointed in 2002 by President George W. Bush to serve as a Federal Reserve governor and later became the chair of Bush’s Council of Economic Advisers. He was tapped by Bush to lead the Fed beginning in 2006—just as the housing crisis was beginning to develop. He was reappointed as Fed chair by President Barack Obama and stayed in

• Biography of Dr. Ben S. Bernanke - the White House

  | Biography of Dr. Ben S. Bernanke Ben S. Bernanke was sworn-in on June 21, 2005 as Chairman of the President's Council of Economic Advisers. Prior to his appointment to the Council, Dr. Bernanke served as a member of the Board of Governors of the Federal Reserve System. Dr. Bernanke was born on December 13, 1953, in Augusta, Georgia. He received a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of