Jeffrey A. Frankel

James W. Harpel Professor of Capital Formation and Growth
Harvard Kennedy School
Office Address
Littauer-217
Mailing Address
John F. Kennedy School of Government
Mailbox 83
79 JFK Street
Cambridge, MA 02138
Contact
Phone: 617-496-3834
Fax: 617-496-5747
Email: Jeffrey_Frankel@harvard.edu
Assistant
Minoo Ghoreishi (617-384-7329)
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 declares recessions. He served at the Council of Economic Advisers in 1983-84 and 1996-99;as CEA Member in the Clinton Administration, 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. He currently serves on advisory panels for the Federal Reserve Banks of New York and Boston, the Bureau of Economic Analysis, and the Peterson Institute for International Economics. His research interests include international finance, commodities, currencies, crises, monetary policy, fiscal policy, regional blocs, and international environmental issues. Born in San Francisco, he graduated from Swarthmore College, and received his economics PhD from MIT.

Courses

Fall

  • API-120 Advanced Macroeconomics for the Open Economy I

Spring

  • ITF-220 The 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

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

Selected Publication Citations:

  • Academic Journal/Scholarly Articles
    • Frankel, Jeffrey A. "Are Bilateral Remittances Countercyclical?" Open Economies Review 22.1 (February 2012): 1-16.
    • Frankel, Jeffrey A., and Daniel Xie. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes." American Economic Review 100.2 (May 2010): 568-572.
    • Frankel, Jeffrey A. "The Forward Market in Emerging Currencies: Less Biased than in Major Currencies." Journal of International Money and Finance 29.3 (April 2010): 585-598.
  • Book Chapters
    • Frankel, Jeffrey A. "Monetary Policy in Emerging Markets, Vol. 3B." Handbook of Monetary Economics. Ed. Benjamin Friedman and Michael Woodford. European Central Bank, 2011, 1439-1520.
    • Frankel, Jeffrey A. "A Pragmatic Global Climate Policy Architecture." Issues of the Day: 100 Commentaries on Climate, Energy, the Environment, Transportation, and Public Health Policy. Ed. Ian W.H. Parry and Felicia Day. Resources For the Future, 2010, 6-7.
    • Frankel, Jeffrey A. "Black Swans -- Comment on Financial Cycles: What? How? When? by Stijn Claessens, M.Ayhan Kose and Marco Terrones," De Nederlandsche Bank, Amsterdam, June 2010. NBER International Seminar on Macroeconomics 2010. Ed. Richard Clarida and Francesco Giavazzi. National Bureau of Economic Research, 2010.
    • Frankel, Jeffrey A. "Comments on 'Credibility, Commitment and Regulation,' by Dieter Helm," Conference on Populism and Natural Resources, Harvard University, 2007. In The Natural Resources Trap: Private Investment Without Public Commitment. Ed. William W. Hogan and Frederico Sturzenegger. MIT Press, 2010, 325-331.
    • Frankel, Jeffrey A. "A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean." Natural Resources in Latin America and the Caribbean: Beyond bBooms and Busts? Ed. Emily Sinnott, John Nash, and Augusto de la Torre. World Bank, 2010.
    • Frankel, Jeffrey A., and Andrew K Rose. "Determinants of Agricultural and Mineral Commodity Prices." Inflation in an Era of Relative Price Shocks. Ed. Rene´e Fry, Callum Jones, and Christopher Kent. Reserve Bank of Australia, 2010, 9-51.
    • Frankel, Jeffrey A. "The Remnibi Since 2005." The US-Sino Currency Dispute: New Insights from Economics, Politics, and Law. Ed. Simon J. Evenett. Centre for Economic Policy Research, 2010, 51-60.
  • Commentary
    • Frankel, Jeffrey A. "The Little Economy That Could." Foreign Policy, February 2, 2012.
    • Frankel, Jeffrey A. "Cycle of Crisis Looms Over Emerging Markets." Bangkok Post, January 26, 2012.
    • Frankel, Jeffrey A. "Escaping The Natural-Resource Curse." Korea Herald, December 12, 2011.
    • Frankel, Jeffrey A. "Let European Technocrats Weave Their Magic." Sydney Morning Herald, November 29, 2011.
    • Frankel, Jeffrey A. "U.S. Crisis Gratuitously Self-Inflicted." U.S. News & World Report, November 7, 2011.
    • Frankel, Jeffrey A. "Barrels, Bushels, Bonds Take Global Economy for a Ride." Korea Herald, October 18, 2011.
    • Frankel, Jeffrey A. "Can Food Prices Be Stabilized?" Project Syndicate, June 27, 2011.
    • Frankel, Jeffrey A. "Europe No Longer A Special Seat of Wisdom." Business Times (Singapore), June 7, 2011.
    • Frankel, Jeffrey A. "Who Should Lead the IMF?" Project Syndicate, May 27, 2011.
    • Frankel, Jeffrey A. "Real Energy Security: Drill, Baby, Drill—But Not Now." Resources for the Future, December 6, 2010.
  • HKS Faculty Research Working Paper Series
    • Frankel, Jeffrey A. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America." HKS Faculty Research Working Paper Series RWP11-027, July 2011.
    • Frankel, Jeffrey A., and George Saravelos. "Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis." HKS Faculty Research Working Paper Series RWP11-024, June 2011.
    • Frankel, Jeffrey A. "How Can Commodity Exporters Make Fiscal and Monetary Policy Less Procyclical?" HKS Faculty Research Working Paper Series RWP11-015, February 2011.
    • Bosetti, Valentina, and Jeffrey A. Frankel. "Politically Feasible Emission Target Formulas to Attain 460 ppm CO2 Concentrations." HKS Faculty Research Working Paper Series RWP11-016, February 2011.
  • Magazine and Newspaper Articles
    • Frankel, Jeffrey A. "Leadership Need Not Only Come From the G7." East Asia Forum Quarterly. October-December 2010, 25-26.
  • Research Papers/Reports
    • Frankel, Jeffrey A. "A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America." NBER Working Papers 16362, September 2010.
    • Frankel, Jeffrey A., and George Saravelos. "Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis." NBER Working Papers 16047, June 2010.