William C. Brainard
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William C. Brainard
William C. "Bill" Brainard (born 1935) is an American economist. He is the Arthur Okun Professor Emeritus of Economics at Yale University, and he served as the provost of the university from 1981 to 1986. Brainard is the namesake of the William C. Brainard chair, which current Yale provost Ben Polak holds. Brainard earned both his economics M.A. (1959) and Ph.D. (1963) at Yale. He has been teaching at Yale since 1962. Along with his frequent collaborator James Tobin, Brainard developed the theory of Tobin's q. The concept first appeared in Brainard and Tobin's 1968 article "Pitfalls in Financial Model Building" The letter "Q," however, was not introduced until Tobin's 1969 article "A general equilibrium approach to monetary theory." So, while references to "Q theory" generally carry only Tobin's name, Brainard and Tobin jointly introduced the concept. Brainard was co-editor with George Perry of the ''Brookings Papers on Economic Activity The ''Brookings Papers on Economic Act ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Brookings Papers On Economic Activity
The ''Brookings Papers on Economic Activity'' (''BPEA'') is a journal of macroeconomics published twice a year by the Brookings Institution Press.[1/nowiki>">">[1/nowiki>/sup> Each issue of the journal comprises the proceedings of a conference held biannually by thEconomic Studiesprogram at the Brookings Institution in Washington D.C. The conference and journal both “emphasize innovative analysis that has an empirical orientation, take real-world institutions seriously, and is relevant to economic policy.”[2/nowiki>">">[2/nowiki>/sup> The journal is written in a clear and accessible manner in order to maximize understanding of economics and policymaking, and covers a variety of macroeconomic topics from housing, business investments, and fiscal and monetary policy, to international capital flows, environmental issues, and more.]The journal briefly released an annual issue dedicated to Microeconomics, microeconomic issues, but this was dropped as the focus cemented around macro ...
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Yale University Faculty
Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the world. It is a member of the Ivy League. Chartered by the Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregational ministers before moving to New Haven in 1716. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew after 1890 with rapid expansion of the physical campus and scientific research. Yale is organized into fourteen constituent schools: the original undergraduate col ...
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Yale University Alumni
Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the world. It is a member of the Ivy League. Chartered by the Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregational ministers before moving to New Haven in 1716. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew after 1890 with rapid expansion of the physical campus and scientific research. Yale is organized into fourteen constituent schools: the original undergraduate college ...
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21st-century American Economists
The 1st century was the century spanning AD 1 ( I) through AD 100 ( C) according to the Julian calendar. It is often written as the or to distinguish it from the 1st century BC (or BCE) which preceded it. The 1st century is considered part of the Classical era, epoch, or historical period. The 1st century also saw the appearance of Christianity. During this period, Europe, North Africa and the Near East fell under increasing domination by the Roman Empire, which continued expanding, most notably conquering Britain under the emperor Claudius (AD 43). The reforms introduced by Augustus during his long reign stabilized the empire after the turmoil of the previous century's civil wars. Later in the century the Julio-Claudian dynasty, which had been founded by Augustus, came to an end with the suicide of Nero in AD 68. There followed the famous Year of Four Emperors, a brief period of civil war and instability, which was finally brought to an end by Vespasian, ninth Roman emper ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1930s Births
Year 193 ( CXCIII) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Sosius and Ericius (or, less frequently, year 946 '' Ab urbe condita''). The denomination 193 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * January 1 – Year of the Five Emperors: The Roman Senate chooses Publius Helvius Pertinax, against his will, to succeed the late Commodus as Emperor. Pertinax is forced to reorganize the handling of finances, which were wrecked under Commodus, to reestablish discipline in the Roman army, and to suspend the food programs established by Trajan, provoking the ire of the Praetorian Guard. * March 28 – Pertinax is assassinated by members of the Praetorian Guard, who storm the imperial palace. The Empire is auctioned ...
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George Perry (American Economist)
George L. Perry is an American economist, currently a Senior Fellow emeritus at the Brookings Institution.http://www.brookings.edu/~/media/experts/p/perryg/perryg_cv.pdf In 1970, he and Arthur Okun founded the Brookings Panel and its journal, the Brookings Papers on Economic Activity (BPEA). They conceived the Panel as a way to apply rigorous economic research to current economic puzzles, problems and policy issues. After Okun's death in 1980, William Brainard replaced him and Brainard and Perry ran the Panel and edited BPEA until 2007. In his own research, Perry specializes in labor markets, inflation, fiscal and monetary policy, financial markets, and economic forecasting. Life and career George Perry was born in New York in 1934, and grew up in Los Angeles. He enrolled at The Massachusetts Institute of Technology in 1950, and upon graduation served in the U.S. Air Force (1954-1957). After his service, George returned to MIT and received his Ph.D in economics in 1961. Perry s ...
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Yale University
Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United States and among the most prestigious in the world. It is a member of the Ivy League. Chartered by the Connecticut Colony, the Collegiate School was established in 1701 by clergy to educate Congregationalism in the United States, Congregational ministers before moving to New Haven in 1716. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century, the college expanded into graduate and professional instruction, awarding the first Doctor of Philosophy, PhD in the United States in 1861 and organizing as a university in 1887. Yale's faculty and student populations grew after 1890 with rapid expansion of the physical campus and sc ...
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American Economic Association
The American Economic Association (AEA) is a learned society in the field of economics. It publishes several peer-reviewed journals acknowledged in business and academia. There are some 23,000 members. History and Constitution The AEA was established in 1885 in Saratoga Springs, New York by younger progressive economists trained in the German historical school, including Richard T. Ely, Edwin Robert Anderson Seligman and Katharine Coman, the only woman co-founder; since 1900 it has been under the control of academics. The purposes of the Association are: 1) The encouragement of economic research, especially the historical and statistical study of the actual conditions of industrial life; 2) The issue of publications on economic subjects; 3) The encouragement of perfect freedom of economic discussion. The Association as such will take no partisan attitude, nor will it commit its members to any position on practical economic questions. The Association publishes one of the most ...
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Journal Of Money, Credit And Banking
The ''Journal of Money, Credit and Banking'' is a peer-reviewed academic journal covering monetary and financial issues in macroeconomics. It is published by Wiley-Blackwell on behalf of the Ohio State University Department of Economics. The editors-in-chief are Sanjay Chugh (Ohio State University), Robert DeYoung (University of Kansas), Pok-sang Lam (Ohio State University), Kenneth D. West (University of Wisconsin–Madison). Replicability In 2004, the '' American Economic Review'' instituted a mandatory archive for the submission of data and code used in economic journal submissions to ensure the replicability and legitimacy of research. An analysis of the ''Journal of Money, Credit and Banking''s archive from 1996 to 2003 found that only 14 of 186 empirical articles could be replicated. Some economists have published suggestions regarding procedures to ensure the replicability of journal articles. As a result, the journal's editors amended their procedures beginning with the ...
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