Jeffrey Frankel

James W. Harpel Professor of Capital Formation and Growth
Kennedy School
Office Address
Littauer-217
Mailing Address
John F. Kennedy School of Government
Mailbox 22
79 JFK Street
Cambridge, MA 02138
Contact
Phone: 617-496-3834
Fax: 617-496-5747
Email: Jeffrey_Frankel@ksg.harvard.edu
Assistant
Greg Dorchak (617-496-8304)
Jeffrey Frankel

Profile

Jeffrey A. Frankel is James W. Harpel Professor of Capital Formation and Growth. He directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also on the Business Cycle Dating Committee, which officially declared the 2001 recession. Nominated by President Clinton in 1996 to be a member of his Council of Economic Advisers, Frankel's responsibilities included international economics, macroeconomics, and the environment. Before coming to Harvard in 1999, he was Professor of Economics at the University of California at Berkeley, having joined the faculty in 1979. Past appointments also include the Federal Reserve, Institute for International Economics, International Monetary Fund, University of Michigan, and Yale University. His research interests include international finance, monetary policy, regional blocs, and international environmental issues. Books include American Economic Policy in the 1990s (2002). Born in San Francisco in 1952, he graduated from Swarthmore College in 1974, and received his economics PhD from MIT in 1978.

Courses

Fall

  • API-120 Advanced Macroeconomics for the Open Economy I

Spring

  • ITF-220 Economics of International Financial Policy

Media Expertise

Jeffrey Frankel welcomes media inquiries on the following subjects:

Additional experts may be found by clicking on each subject listed. You may contact faculty directly or if you need assistance contact the Communications Office at 617-495-1115.

Research

Research for a complete list of faculty citations from 2001 - present, please visit the Harvard Kennedy School Research Report Online.

Selected Publication Citations:

  • Academic Journals
    • Frankel, Jeffrey A. "On the Rand: Determinants of the South African Exchange Rate." South African Journal of Economics 75.3 (September 2007): 425-441.
    • Frankel, Jeffrey A., and Shang-Jin Wei. "Assessing China's Exchange Rate Regime." Economic Policy 51 (July 2007): 575-614, 622-627.
    • Frankel, Jeffrey A. "Responding to Crises." CATO Journal 27.2 (Spring/Summer 2007): 165-178.
  • Book Chapters
    • Frankel, Jeffrey A., David H. Romer, and Teresa Cyrus. "Trade and Growth in East Asian Countries: Cause and Effect?" Newly Industrializing Countries After Asian Crisis. Ed. Sir Hans Singer, Neelambar Hatti, and Rameshwar Tandon. Delhi, India: BR Publishing Corp., 2006.
    • Frankel, Jeffrey A. "Formulas for Quantitative Emission Targets." Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World. Ed. Joseph E. Aldy and Robert N. Stavins. Cambridge University Press, 2007, 31-56.
    • Chinn, Menzie, and Jeffrey A. Frankel. "Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?" G7 Current Account Imbalances: Sustainability and Adjustment. Ed. Richard H. Clarida. University of Chicago Press, 2006.
    • Frankel, Jeffrey A. "The Effect of Monetary Policy on Real Commodity Prices." Asset Prices and Monetary Policy. Ed. John Y. Campbell. University of Chicago Press, 2008.
  • Edited Volumes
    • Frankel, Jeffrey A., and Christopher A. Pissarides, eds. NBER International Seminar on Macroeconomics 2005. MIT Press, 2007.
  • Magazine and Newspaper Articles
    • Frankel, Jeffrey A. "Carried Away: Everything You Always Wanted to Know About the Carry Trade..." Milken Institute Review (January 2008).
    • Frankel, Jeffrey A. "Next Steps after the Kyoto Protocol: Formulas for Quantitative Emission Targets." VoxEU.org (June 25, 2007).
  • Op-Eds
    • Frankel, Jeffrey A. "Real Rates Key to Commodities Prices." Reuters.com, March 19, 2008.
  • Research Papers/Reports
    • Frankel, Jeffrey A., and Shang-Jin Wei. "Estimation of De Facto Exchange Rate Regimes: Synthesis of The Techniques for Inferring Flexibility and Basket Weights." HKS Faculty Research Working Paper Series RWP08-026, May 2008.
    • Chinn, Menzie, and Jeffrey A. Frankel. "The Euro May over the Next 15 Years Surpass the Dollar as Leading International Currency." HKS Faculty Research Working Paper Series RWP08-016, March 2008.
    • Frankel, Jeffrey A. “Nine Reasons We Are Given Not to Worry About the U.S. Deficits." Workshop on Global Trends and Challenges, Yale University Commission on Growth and Development, September 2007.
    • Frankel, Jeffrey A., and Shang-Jin Wei. "Assessing China's Exchange Rate Regime." CEPR Discussion Papers and NBER Working Papers (DP 6264 and w13100), May 2007.
    • Frankel, Jeffrey A., Ben Smit, and Federico Sturzenegger. "South Africa: Macroeconomic Challenges after a Decade of Success." KSG Faculty Research Working Paper Series RWP07-021, April 2007.
    • Frankel, Jeffrey A. "On the Rand: Determinants of the South African Exchange Rate." Center for International Development, KSG Faculty Research Working Paper Series, and NBER (CID-139, RWP07-015, and w13050), March 2007.
  • Reviews
    • Frankel, Jeffrey A. Comments on The Euro's Trade Effects, by Richard Baldwin European Central Bank Working Paper Series, ECB Working Paper No. 594 March 2006: 77-91.
    • Frankel, Jeffrey A. Comments on "Estimates of the Equilibrium Exchange Rate of the Renminbi: Is There a Consensus and, If Not, Why Not?" by William R. Cline and John Williamson. Conference on China's Exchange Rate Policy: Peterson Institute, Washington, D.C., October 12, 2007.