Alan B. Krueger
Encyclopedia
Alan Bennett Krueger is an American
economist
, Bendheim Professor of Economics and Public Affairs at Princeton University
and Research Associate at the National Bureau of Economic Research
. On March 7, 2009, he was nominated by President Barack Obama
to be United States Assistant Secretary of the Treasury for economic policy
. In October 2010, he announced his resignation from the Treasury Department, to return to Princeton University. He is among the 50 highest ranked economists in the world according to IDEAS/RePEc
. On August 29, 2011, he was nominated by Obama to be chairman of the White House Council of Economic Advisers
, and on November 3, 2011, the Senate unanimously confirmed his nomination.
, and graduated from Livingston High School in 1979. He is of German descent.
s to study the effect of education on earnings, the minimum wage
on employment, and other issues.
Krueger compared restaurant jobs in New Jersey, which raised its minimum wage, to restaurant jobs in Pennsylvania, which did not, and found that restaurant employment in New Jersey increased, while it decreased in Pennsylvania. The results were later disputed.
In his book, What Makes a Terrorist: Economics and the Roots of Terrorism (2007), he wrote that in contrast to the assumption that terrorists come from impoverished, uneducated environments, terrorists often come from middle-class, college-educated backgrounds.
From 1994-95 he served as Chief Economist at the United States Department of Labor
. He received the Kershaw Prize, Mahalanobis Prize, and IZA Prize (with David Card
), and is a fellow of the American Academy of Arts and Sciences, Society of Labor Economists, Econometric Society and American Academy of Political and Social Science. He is a member of the Executive and Supervisory Committee (ESC) of CERGE-EI
, an academic institution located in Prague
, Czech Republic
.
Krueger received his Bachelor's degree
from Cornell University
's School of Industrial & Labor Relations
(with honors), and in 1987 he received his Ph.D.
in Economics from Harvard University
. He has also published many books on issues related to education, labor markets and income distribution. He is also known for his work on the Environmental Kuznets Curve. Between 2000 and 2006 he wrote for the New York Times Economic Scene column.
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Americans
The people of the United States, also known as simply Americans or American people, are the inhabitants or citizens of the United States. The United States is a multi-ethnic nation, home to people of different ethnic and national backgrounds...
economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...
, Bendheim Professor of Economics and Public Affairs at Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
and Research Associate at the National Bureau of Economic Research
National Bureau of Economic Research
The National Bureau of Economic Research is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." The NBER is well known for providing start and end...
. On March 7, 2009, he was nominated by President Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...
to be United States Assistant Secretary of the Treasury for economic policy
United States Assistant Secretary of the Treasury
The United States Assistant Secretary of the Treasury is one of several positions in the United States Department of the Treasury, serving under the United States Secretary of the Treasury....
. In October 2010, he announced his resignation from the Treasury Department, to return to Princeton University. He is among the 50 highest ranked economists in the world according to IDEAS/RePEc
Řepeč
Řepeč is a village and municipality in Tábor District in the South Bohemian Region of the Czech Republic.The municipality covers an area of , and has a population of 267 ....
. On August 29, 2011, he was nominated by Obama to be chairman of the White House Council of Economic Advisers
Council of Economic Advisers
The Council of Economic Advisers is an agency within the Executive Office of the President that advises the President of the United States on economic policy...
, and on November 3, 2011, the Senate unanimously confirmed his nomination.
Early life
Krueger grew up in Livingston, New JerseyLivingston, New Jersey
Livingston is a township in Essex County, New Jersey, United States. As of the United States 2000 Census, the township population was 29,366.Livingston was incorporated as a township by an Act of the New Jersey Legislature on February 5, 1813, from portions of Caldwell Township and Springfield...
, and graduated from Livingston High School in 1979. He is of German descent.
Career
Krueger developed and applied the method of natural experimentNatural experiment
A natural experiment is an observational study in which the assignment of treatments to subjects has been haphazard: That is, the assignment of treatments has been made "by nature", but not by experimenters. Thus, a natural experiment is not a controlled experiment...
s to study the effect of education on earnings, the minimum wage
Minimum wage
A minimum wage is the lowest hourly, daily or monthly remuneration that employers may legally pay to workers. Equivalently, it is the lowest wage at which workers may sell their labour. Although minimum wage laws are in effect in a great many jurisdictions, there are differences of opinion about...
on employment, and other issues.
Krueger compared restaurant jobs in New Jersey, which raised its minimum wage, to restaurant jobs in Pennsylvania, which did not, and found that restaurant employment in New Jersey increased, while it decreased in Pennsylvania. The results were later disputed.
In his book, What Makes a Terrorist: Economics and the Roots of Terrorism (2007), he wrote that in contrast to the assumption that terrorists come from impoverished, uneducated environments, terrorists often come from middle-class, college-educated backgrounds.
From 1994-95 he served as Chief Economist at the United States Department of Labor
United States Department of Labor
The United States Department of Labor is a Cabinet department of the United States government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. Many U.S. states also have such departments. The...
. He received the Kershaw Prize, Mahalanobis Prize, and IZA Prize (with David Card
David Card
David Edward Card is a Canadian labour economist and professor at the University of California, Berkeley.Card earned his B.A. degree from Queen's University in 1978 and his Ph.D. degree in Economics in 1983 from Princeton University....
), and is a fellow of the American Academy of Arts and Sciences, Society of Labor Economists, Econometric Society and American Academy of Political and Social Science. He is a member of the Executive and Supervisory Committee (ESC) of CERGE-EI
CERGE-EI
CERGE-EI is an academic institution that provides an American-style PhD program in economics, a US-chartered Master of Arts program in Applied Economics , and the UPCES study abroad program. CERGE-EI also conducts research in theoretical and policy-related economics...
, an academic institution located in Prague
Prague
Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...
, Czech Republic
Czech Republic
The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
.
Krueger received his Bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...
from Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
's School of Industrial & Labor Relations
Cornell University School of Industrial and Labor Relations
The New York State School of Industrial and Labor Relations is an industrial relations school at Cornell University, an Ivy League university located in Ithaca, New York, USA...
(with honors), and in 1987 he received his Ph.D.
Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
in Economics from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
. He has also published many books on issues related to education, labor markets and income distribution. He is also known for his work on the Environmental Kuznets Curve. Between 2000 and 2006 he wrote for the New York Times Economic Scene column.
External links
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