# Jeffrey Frankel

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{{short description|American economist}}
{{Use mdy dates|date=July 2025}}
{{BLP sources|date=March 2011}}
'''Jeffrey Alexander''' "'''Jeff'''" '''Frankel''' (born November 5, 1952, in [San Francisco](/source/San_Francisco), [California](/source/California)) is an international [macroeconomist](/source/macroeconomist). He works as the James W. Harpel Professor of Capital Formation and Growth at [Harvard Kennedy School](/source/Harvard_Kennedy_School).<ref>{{Cite web |url=https://www.hks.harvard.edu/about/faculty-staff-directory/jeffrey-frankel |title=Harvard Kennedy School - Jeffrey Frankel |access-date=2017-04-09 |archive-date=2017-07-03 |archive-url=https://web.archive.org/web/20170703140824/https://www.hks.harvard.edu/about/faculty-staff-directory/jeffrey-frankel |url-status=dead }}</ref>

== Education ==
Frankel graduated from [Swarthmore College](/source/Swarthmore_College) in 1974 with a [B.A.](/source/Bachelor_of_Arts) in [economics](/source/economics). He then received his [Ph.D.](/source/Doctor_of_Philosophy) from [MIT](/source/Massachusetts_Institute_of_Technology) in 1978.<ref name=":0">{{Cite web|url=https://scholar.harvard.edu/files/frankel/files/cvjefffrankel2017dec.pdf|title=CURRICULUM VITAE Jeffrey A. Frankel|date=2017|website=harvard.edu}}</ref>

==Career==
Frankel began his career as an [assistant professor](/source/assistant_professor) at the [University of Michigan](/source/University_of_Michigan) (1978–1979).<ref name=":0" />

He then worked at [UC Berkeley](/source/University_of_California%2C_Berkeley) as an [assistant professor](/source/assistant_professor) (1979–1980), an [associate professor](/source/associate_professor) (1980–1987) and a [professor of economics](/source/Professor) (1987–1999). He also was a [visiting professor](/source/visiting_professor) at [Yale](/source/Yale_University) in 1980.<ref name=":0" /> He eventually joined [Harvard](/source/Harvard_University) in 1999.<ref>{{Cite web|url=https://scholar.harvard.edu/frankel/home|title=Jeffrey Frankel|website=scholar.harvard.edu|language=en|access-date=2018-01-02}}</ref>

Frankel was a member of the [Council of Economic Advisers](/source/Council_of_Economic_Advisers) under President [Bill Clinton](/source/Bill_Clinton),<ref>{{Cite web |url=https://psmag.com/trump-vs-clinton-hillarys-murky-history-on-the-trans-pacific-partnership-f544d8251758 |title=Archived copy |access-date=April 9, 2017 |archive-date=August 15, 2020 |archive-url=https://web.archive.org/web/20200815043904/https://psmag.com/trump-vs-clinton-hillarys-murky-history-on-the-trans-pacific-partnership-f544d8251758/ |url-status=dead }}</ref>  Frankel's contributions include showing econometrically that openness is good for economic growth, by means of a [gravity model of trade](/source/gravity_model_of_trade) (with [David Romer](/source/David_Romer)).{{Citation needed|date=April 2017}}

Frankel directs the Program in International Finance and Macroeconomics at the [National Bureau of Economic Research](/source/National_Bureau_of_Economic_Research) and is also on the Business Cycle Dating Committee, which officially declares US recessions.{{Citation needed|date=April 2017}}

==Opinions==
According to ''The Market Oracle'' Frankel says no new monetary policy, after inflation targeting, has been decided on for offering financial stability.<ref>{{Cite web|url=http://www.marketoracle.co.uk/Article58686.html|title = From Inflation to Imflation, Agflation and Munflation :: The Market Oracle ::}}</ref>

==Publications==
Frankel has co-authored a number of books and has written for [The Guardian](/source/The_Guardian).<ref>{{Cite web|url=https://www.theguardian.com/business/economics-blog/2016/oct/25/lower-interest-rates-not-demon-populist-claims-inequality-government|title=Lower interest rates not the demon populists claim &#124; Jeffrey Frankel|website=[TheGuardian.com](/source/TheGuardian.com)|date=25 October 2016}}</ref>

* ''Does Foreign Exchange Intervention Work?'', with [Kathryn Mary Dominguez](/source/Kathryn_Mary_Dominguez), [Institute for International Economics](/source/Institute_for_International_Economics) (1993) {{ISBN|0-88132-104-4}}<ref>{{Cite book|url=https://cup.columbia.edu/book/does-foreign-exchange-intervention-work/9780881321043|isbn = 9780881321043|title = Does Foreign Exchange Intervention Work?|date = September 1993|publisher = Peterson Institute for International Economics}}</ref>
* ''Regional Trading Blocs in the World Economic System'', with [Ernesto Stein](/source/Ernesto_Stein) and [Shang-Jin Wei](/source/Shang-Jin_Wei), Institute for International Economics, (1997) {{ISBN|0-88132-202-4}}<ref>{{Cite web|url=https://piie.com/bookstore/regional-trading-blocs-world-economic-system|title = Regional Trading Blocs in the World Economic System|date = 21 April 2016}}</ref>
* ''World Trade and Payments: An Introduction'', with [Richard Caves](/source/Richard_Caves) and [Ronald W. Jones](/source/Ronald_W._Jones), Addison Wesley Longman; (8th edition, 1999) {{ISBN|0-321-03142-3}}
* ''American Economic Policy in the 1990s'', with [Peter Orszag](/source/Peter_Orszag), [The MIT Press](/source/The_MIT_Press) (2002) {{ISBN|0-262-06230-5}}
* ''Foreign Exchange'', with [David R. Henderson](/source/David_R._Henderson), [Library of Economics and Liberty](/source/Library_of_Economics_and_Liberty) (2008)  {{ISBN|978-0865976658}}

== References ==
{{Reflist|30em}}

== External links ==
* [http://ksghome.harvard.edu/~jfrankel/index.htm Jeffrey Frankel's Home Page]
* [http://ksghome.harvard.edu/~jfrankel/jfpubsindex.htm List of publications]

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{{DEFAULTSORT:Frankel, Jeffrey}}
Category:1952 births
Category:21st-century American economists
Category:International finance economists
Category:Living people
Category:Harvard Kennedy School faculty
Category:United States Council of Economic Advisers
Category:Clinton administration personnel

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Adapted from the Wikipedia article [Jeffrey Frankel](https://en.wikipedia.org/wiki/Jeffrey_Frankel) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Jeffrey_Frankel?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
