Congratulations to Janet Yellen

Janet Yellen Congratulations to Janet Yellen who is now confirmed as the next Federal Reserve Chair!

A 2012 AEA Distinguished Fellow and former Vice President of the Association, Ms. Yellen's long-standing influence on the economics profession is demonstrated by her participation in various AEA activities including the following research in AEA journals. The American Economic Association is providing complimentary access to all articles.

AER (American Economic Review)

Akerlof, George A., and Janet L. Yellen. 1985. "Can Small Deviations from Rationality Make Significant Differences to Economic Equilibria?" American Economic Review 75 (4): 708-20.
[Full-text Article]

Akerlof, George A., and Janet L. Yellen. 1987. "Rational Models of Irrational Behavior." American Economic Review 77 (2): 137-42.
[Full-text article]

Akerlof, George A., and Janet L. Yellen. 1988. "Fairness and Unemployment." American Economic Review 78 (2): 44-49.
[Full-text article]

Feldstein, Martin, Mervyn King, and Janet L. Yellen. 2004. "Innovations and Issues in Monetary Policy: Panel Discussion." American Economic Review 94 (2): 41-48.
[Full-text article]

Yellen, Janet L. 1980. "On Keynesian Economics and the Economics of the Post-Keynesians." American Economic Review 70 (2): 15-25.
[Full-text article]

Yellen, Janet L. 1984. "Efficiency Wage Models of Unemployment." American Economic Review 74 (2): 200-205.
[Full-text article]

JEP (Journal of Economic Perspectives)

Yellen, Janet L. 1989. "Symposium on the Budget Deficit." Journal of Economic Perspectives 3 (2): 17-21.
[Full-text article]

Contents of Current Issues

Summer 2014 JEP

July 2014 AEJ: Applied

July 2014 AEJ: Macro

July 2014 AER

June 2014 JEL

May 2014 AEJ: Policy

May 2014 AEJ: Micro

Virtual Field Journals

In the News:

University of Chicago economics professor, Matthew Gentzkow, who is the AEA's 2014 John Bates Clark Medal recipient, discusses the future of economics, the state of the media ecosphere, and virtues of "data hustle" in this interview from Quartz.

A recent article in The Economist examines higher education endowments and university behaviors including new research presented in a paper from the latest edition of the American Economic Review.

"For economists, the tradition of keeping mum—at least as a national organization—is long and proud. 'The association as such will take no partisan attitude, nor will it commit its members to any position on practical economic questions,' the economic association states on its website. Those policies, says its president, William D. Nordhaus, a professor at Yale University, by email, 'have served it well through hot and cold wars.'"

"Not only do economists vary widely in their opinions of economic policy, he notes, but many have participated in helping shape such policies. Putting forth statements on political issues would be 'unnecessary, polarizing, controversy-stoking, and a distraction from the real and important work of economic research and education,' he says. (Mr. Nordhaus was, of course, speaking for himself and not the association.)"

Read the whole story in the The Chronicle of Higher Education (subscribers only).

From ASSA 2014: The Wall Street Journal reports on the AEA's CSWEP committee's efforts in mentoring early-career female economists and the program's expanding influence on similar programs being developed overseas. Read the full article here.

The Chronicle of Higher Education just published "Cool Head on Global Warming," an in-depth look at the new book by 2014 AEA President, William Nordhaus entitled, "The Climate Casino: Risk, Uncertainty and Economics for a Warming World" (Yale University Press).

The Atlantic Cities provides a thorough examination of Clifford Winston's (Brooking Institution) research, "On The Performance of the U.S. Transportation System: Caution Ahead," from the latest edition of the Journal of Economic Literature (JEL).

Upcoming research by Yang Wang, a health economist at Lafayette College, indicates that some smokers believe age, race, and parental longevity influence their life expectancy more than smoking does. Access the news brief here, or the forthcoming article from the American Economic Journal: Applied Economics.

AEA in News Archive

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