Barbara Morry Fraumeni (born December 9, 1949) is a Special-term Professor at the Central University of Finance and Economics, a Senior Fellow at Hunan University in China,

Professor Emerita ''Emeritus'' (; female: ''emerita'') is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title ...

of Public Policy at the

Muskie The muskellunge ''(Esox masquinongy)'', often shortened to muskie, musky or lunge is a species of large freshwater predatory fish native to North America. It is the largest member of the pike family, Esocidae. Origin of name The name "muskellun ...

in the School of Public Service, University of Southern Maine, Research Associate of the National Bureau of Economic Research, United States, and a Research Fellow of the IZA Network, Germany. She is an authority on

human capital Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial ...

(World Bank, UN, and OECD) and nonhuman capital,

economic growth Economic growth can be defined as the increase or improvement in the inflation-adjusted market value of the goods and services produced by an economy in a financial year. Statisticians conventionally measure such growth as the percent rate of ...

productivity Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production proces ...

, and non-market accounts. She is a former program officer with the National Science Foundation and Chief Economist at the U.S.

Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) of the United States Department of Commerce is a U.S. government agency that provides official economy of the United States, macroeconomic and industry statistics, most notably reports about the gross domestic ...

. While serving as Chief Economist at the Bureau of Economic Analysis, she was part of a team responsible for modifying the National Accounts to treat

Research and Development Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...

as an investment and assess its contribution to economic growth.

Early life and education

Fraumeni attended

Wellesley College Wellesley College is a private women's liberal arts college in Wellesley, Massachusetts, United States. Founded in 1870 by Henry and Pauline Durant as a female seminary, it is a member of the original Seven Sisters Colleges, an unofficial g ...

graduating in 1972 with a degree in economics and going on to earn a Ph.D. in economics from

Boston College Boston College (BC) is a private Jesuit research university in Chestnut Hill, Massachusetts. Founded in 1863, the university has more than 9,300 full-time undergraduates and nearly 5,000 graduate students. Although Boston College is classifie ...

. She rowed in the first U.S. women's national championship in 1966 and subsequently won 5 national lightweight sculling titles: singles dash, doubles, and quad, between 1967 and 1969. She retired from rowing in 1969 after traveling to Europe as an alternate on the second U.S. women's national team.

Awards

For her work as Chief Economist at the Bureau of Economic Analysis, the U.S. Department of Commerce awarded her its highest honor (the

Gold Medal A gold medal is a medal awarded for highest achievement in a non-military field. Its name derives from the use of at least a fraction of gold in form of plating or alloying in its manufacture. Since the eighteenth century, gold medals have bee ...

) in November 2006. Also in 2006 she received the Carolyn Shaw Bell award of the American Economic Association's Committee on the Status of Women in the Economics Profession. This award is given annually to a person who has furthered the status of women in the economics professions.

References

External links

Official profile at the IZA Institute of Labor Economics
* {{DEFAULTSORT:Fraumeni, Barbara 1949 births Living people Wellesley College alumni Northeastern University faculty University of Southern Maine faculty American women economists Morrissey College of Arts & Sciences alumni 21st-century American economists 21st-century American women