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Ben Bernanke: Theory and Practice

Alexander J. Gill

No 2014-6, Center for the History of Political Economy Working Paper Series from Center for the History of Political Economy

Abstract: Ben Bernanke researched monetary policy for over 25 years prior to becoming a policymaker, and his two-term career as Chairman of the Federal Reserve featured a severe recession coupled with a nancial crisis, a chief subject of Bernanke's research. His reaction to economic events is noteworthy in its originality and breadth, but its intellectual underpinnings are, with a few exceptions discussed in the paper, not without written precedent. This paper will summarize and connect Bernanke's research and policymaking and show that the two are closely aligned.

Keywords: Economic thought; history of economic thought; central banking; Fed; Bernanke (search for similar items in EconPapers)
JEL-codes: B31 E58 E65 (search for similar items in EconPapers)
Pages: 18
Date: 2014
New Economics Papers: this item is included in nep-cba, nep-his, nep-hpe, nep-mac and nep-mon
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