Macroeconomics, Global Edition

Affairs at Princeton University. He received his BA in economics from Harvard University summa cum laude, capturing both the Allyn Young Prize for best Harvard undergraduate economics thesis and the John H. Williams prize for outstanding senior in the Economics Department. Like coauthor Abel, he holds a PhD from the Massachusetts Institute of Technology. Bernanke began his career at the Stanford Graduate School of Business in 1979. In 1985 he moved to Princeton University, where he served as chair of the Economics Department from 1995 to 2002. He has twice been visiting professor at MIT and once at New York University, and has taught in undergraduate, MBA, MPA and PhD programs. He has authored more than 60 publications in macroeconomics, macroeconomic history, and finance. Bernanke has served as a visiting scholar and advisor to the Federal Reserve System. He is a Guggenheim Fellow and a Fellow of the Econometric Society. He has also been variously honored as an Alfred P. Sloan Research Fellow, a Hoover Institution National Fellow, a National Science Foundation Graduate Fellow, and a Research Associate of the National Bureau of Economic Research. He has served as editor of the American Economic Review.

Dean Croushore is professor of economics and Rigsby Fellow at the University of Richmond. He received his AB from Ohio University and his PhD from Ohio State University. Croushore began his career at Pennsylvania State University in 1984. After teaching for 5 years, he moved to the Federal Reserve Bank of Philadelphia, where he was vice president and economist. His duties during his 14 years at the Philadelphia Fed included heading the macroeconomics section, briefing the banks president and board of directors on the state of the economy and advising them about formulating monetary policy, writing articles about the economy, administering 2 national surveys of forecasters, and researching current issues in monetary policy. In his role at the Fed, he created the Survey of Professional Forecasters (taking over the defunct ASA/NBER survey and revitalizing it) and developed the RealTime Data Set for Macroeconomists. Croushore returned to academia at the University of Richmond in 2003. The focus of his research in recent years has been on forecasting and how data revisions affect monetary policy, forecasting, and macroeconomic research. Croushores publications include articles in many leading economics journals and a textbook on money and banking. He is associate editor of several journals and a visiting scholar at the Federal Reserve Bank of Philadelphia and an adjunct associate professor in the business school at Columbia University.