Adam Posen
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Adam Simon Posen (born 1966) is an American
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and President of the
Peterson Institute for International Economics The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...
. He became President of the
Peterson Institute The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by A ...
on January 1, 2013, having first joined PIIE in July 1997.


Life and career

Posen was born in
Brookline, Massachusetts Brookline is a town in Norfolk County, Massachusetts, Norfolk County, Massachusetts, in the United States, and part of the Greater Boston, Boston metropolitan area. Brookline borders six of Boston's neighborhoods: Brighton, Boston, Brighton, A ...
. He is
Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
. He received a
PhD PHD or PhD may refer to: * Doctor of Philosophy (PhD), an academic qualification Entertainment * '' PhD: Phantasy Degree'', a Korean comic series * ''Piled Higher and Deeper'', a web comic * Ph.D. (band), a 1980s British group ** Ph.D. (Ph.D. albu ...
in Political Economy and Government from
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...
, where he was a National Science Foundation (NSF) Graduate Fellow, after graduating from
Harvard College Harvard College is the undergraduate college of Harvard University, an Ivy League research university in Cambridge, Massachusetts. Founded in 1636, Harvard College is the original school of Harvard University, the oldest institution of higher lea ...
in 1988. His research focuses on
macroeconomic policy Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...
in the industrial democracies,
G-20 The G20 or Group of Twenty is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation, ...
economic relations, the resolution of financial crises, and central banking issues. He has been a consultant to the IMF and to several US government agencies, as well as to the British and Japanese Cabinet Offices, and a visiting scholar at central banks in Europe and East Asia, and in the US Federal Reserve System. From 1994 to 1997, he was an economist in international research at the
Federal Reserve Bank of New York The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New ...
and from 1993 to 1994 was Okun Memorial Fellow in Economic Studies at the
Brookings Institution The Brookings Institution, often stylized as simply Brookings, is an American research group founded in 1916. Located on Think Tank Row in Washington, D.C., the organization conducts research and education in the social sciences, primarily in ec ...
. He was a Bosch Foundation Fellow in Germany in 1992 to 1993, where he worked for the
Bundesbank The Deutsche Bundesbank (), literally "German Federal Bank", is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB). Due to its strength and former size, the Bundesbank is the most ...
in Frankfurt and for
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
in Berlin. He has also been a Public Policy Fellow at the
American Academy in Berlin The American Academy in Berlin is a private, independent, nonpartisan research and cultural institution in Berlin dedicated to sustaining and enhancing the long-term intellectual, cultural, and political ties between the United States and Germany ...
(2001). In 2006 he was a Houblon-Norman Senior Fellow at the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...
, on sabbatical from
Peterson Institute for International Economics The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...
. From September 1, 2009 to August 31, 2012, he was a voting External Member of the
Monetary Policy Committee Monetary Policy Committee (MPC) may refer to: * Monetary Policy Committee (India) of the Reserve Bank of India * Monetary Policy Committee (United Kingdom) The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets ...
of the
Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...
, by appointment of the UK Chancellor of the Exchequer.


Writing

His most cited publications include the books ''Restoring Japan's Economic Growth'' (1998) and ''Inflation Targeting: Lessons from the International Experience'' (1999, co-authored with
Ben Bernanke Ben Shalom Bernanke ( ; 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 Fed, he was appointed a distinguished fellow at the Brookings Institution. Durin ...
, Thomas Laubach, and Frederic Mishkin), a series of articles on the political economy of central bank independence, and more recent works on the global roles of the dollar and the euro. Prior to joining the MPC, Posen was a columnist for the ''International Economy'' magazine, the German newspaper ''
Welt am Sonntag Welt, welts or variants may refer to: Media * ''Die Welt'' (''The World''), a German national newspaper ** ''Welt am Sonntag'' (''World on Sunday''), the Sunday edition of ''Die Welt'' * ''Die Welt (Herzl), Die Welt'', former weekly newspaper in ...
'' and for the Eurointelligence syndicate.


References


External links

* * * {{DEFAULTSORT:Posen, Adam Living people People from Brookline, Massachusetts Monetary Policy Committee members Harvard College alumni 1966 births Economists from Massachusetts 20th-century American economists 21st-century American economists Jewish American economists Peterson Institute for International Economics