Lee Edward Ohanion (born February 24, 1957) is an American economist, columnist, and author known for his work regarding the
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
and
monetary policy. He is a distinguished
professor of economics at the
University of California, Los Angeles and serves as a
senior fellow
A fellow is a concept whose exact meaning depends on context.
In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements.
Within the context of higher education ...
at the
Hoover Institution of
Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
.
Ohanion previously taught at the
University of Minnesota, the
University of Pennsylvania, the
Stockholm School of Economics, and was a consultant to the
Federal Reserve Bank of Minneapolis. He has written for ''
The Wall Street Journal,'' ''
Forbes'', and ''
Newsweek'', among other periodicals.
Early life and education
Ohanion was born in Los Angeles, California. He matriculated at the
University of California, Santa Barbara, graduating in 1979 with an undergraduate degree in economics, ''
summa cum laude
Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sou ...
'', and going on to earn a master's degree from the
University of Rochester. After earning his degree, Ohanion pursued a career as a business economist, becoming the vice-president of
Security Pacific Bank. In 1988, he returned to the University of Rochester on a Wallis fellowship to complete a PhD in economics. In his dissertation, "The Macroeconomic Effects of War Finance in the US: World War II and the Korean War" published in the ''
American Economic Review
The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered one of the most prestigious and highly distinguished journals in the field of ec ...
'' while he was a professor at the University of Minnesota, Ohanion examined the
macroeconomics
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 ...
of
war finance.
Academic career
Upon completing his dissertation, Ohanion joined the faculty of the
University of Pennsylvania, teaching there for three years before becoming an associate professor of economics at the
University of Minnesota. In 1999, he joined the economics faculty of the University of California, Los Angeles where, between 2000 and 2004, he became vice-chair of its economics department. Throughout his career, Ohanion served as an advisor to multiple
Federal Reserve banks, foreign
Central banks, and the
National Science Foundation.
He is a research associate at the
National Bureau of Economic Research,
where he is co-director of its "Macroeconomics across Time and Space" program.
See also
*
Hoover Institution
References
External links
Website
{{DEFAULTSORT:Ohanion, Lee
University of California, Los Angeles faculty
University of California, Santa Barbara alumni
University of Rochester alumni
1957 births
Living people
American economists