Jeffrey Frankel

Jeffrey Frankel is James W. Harpel Professor of Capital Formation and Growth at Harvard University’s Kennedy School of Government. He directs the program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also a member of the Business Cycle Dating Committee, which officially declares recessions. Appointed to the Council of Economic Advisers by President Clinton in 1996 and subsequently confirmed by the Senate, he served until 1999. Before moving East, he had been professor of economics at the University of California, Berkeley. He is on advisory panels for the Federal Reserve Banks of New York and Boston, the Peterson Institute for International Economics, and the Bureau of Economic Analysis. His research interests include international finance, currencies, monetary and fiscal policy, commodities, regional blocs, and global environmental issues. He was born in San Francisco, graduated from Swarthmore College, and received his Economics PhD from MIT.

Could Eurobonds Help Solve the Euro Crisis?

July 30, 2012

Harvard's Jeffrey Frankel notes that despite all of Europe's problems, a Eurobond would be attractive to investors if it is backed up with solid economic and political fundamentals.  Any solution to the euro crisis must meet two objectives. One is short run and the other is long run. Unfortunately they...

Did Obama Turn Around the Economy?

March 12, 2012

An analysis of the economic growth during the Obama Administration. Professor Jeffrey Frankel of Harvard Kennedy School of Government examines whether the economic statistics really show no discernible improvement since President Obama's inauguration.

GDP Reattains Pre-Recession Peak

February 15, 2012

On the 27th of January the Bureau of Economic Analysis released its first estimate for 2011 GDP. It showed national output for the first time surpassing the pre-recession peak, which occurred in the last quarter of 2007. (See chart above) The expansion in 2011 was led by autos, computers, and...