Jeffrey 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 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 declares recessions. 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

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

Selected Publication Citations:

  • Academic Journals
    • Chinn, Menzie, and Jeffrey A. Frankel. "Why the Euro Will Rival the Dollar: Commentary." International Finance 11.1 (Spring 2008): 49-73.
    • Chinn, Menzie, and Jeffrey A. Frankel. "Why the Euro Will Rival the Dollar: Commentary." Panoeconomicus 55.3 (2008): 255-278.
    • Frankel, Jeffrey, Ben Smit, and Federico Sturzenegger. "Fiscal and Monetary Policy in a Commodity-Based Economy." Economics of Transition 16.4 (September 2008): 679-713.
    • Frankel, Jeffrey A., and Shang-Jin Wei. "Estimation of De Facto Exchange Rate Regimes: Synthesis of the Techniques for Inferring Flexibility and Basket Weights." IMF Staff Papers 55.3 (September 2008): 384-416.
    • Cavallo, Eduardo, and Jeffrey A. Frankel. "Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality." Journal of International Money and Finance 27.8 (December 2008): 1430-1452.
  • Book Chapters
    • Frankel, Jeffrey A., Ernesto Stein, and Shang-jin Wei. "Trading Blocs and the Americas: The Natural, the Unnatural, and the Super-Natural." The WTO and Reciprocal Preferential Trading Agreements. Ed. Caroline Freund. Edward Elgar Publishing, 2007, 455-489.
    • Chinn, Menzie, and Jeffrey Frankel. "Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?" G7 Current Account Imbalances: Sustainability and Adjustment. Ed. Richard H. Clarida. The University of Chicago Press, May 2007, 283-322.
    • Frankel, Jeffrey A. and Christopher A. Pissarides. "Introduction." NBER International Seminar on Macroeconomics 2005. Ed. Jeffrey A. Frankel and Christopher A. Pissarides. The MIT Press, May 2007, 1-7.
  • Edited Volumes
    • Jeffrey A. Frankel, and Christopher A. Pissarides., eds. NBER International Seminar on Macroeconomics 2005. The MIT Press, May 2007.
  • HKS Faculty Research Working Paper Series
    • Frankel, Jeffrey A. "Snake-Oil Tax Cuts." HKS Faculty Research Working Paper Series RWP08-056, October 2008.
    • Frankel, Jeffrey A. "Global Environmental Policy and Global Trade Policy." Harvard Project on International Climate Agreements Discussion Paper and HKS Faculty Research Working Paper Series (08-14 and RWP08-058), October 2008.
    • Frankel, Jeffrey A. "Should Eastern European Countries Join the Euro? A Review and Update of Trade Estimates and Consideration of Endogenous OCA Criteria." HKS Faculty Research Working Paper Series RWP08-059, October 2008.
    • Frankel, Jeffrey A. "The Estimated Effects of the Euro on Trade: Why Are They Below Historical Effects of Monetary Unions Among Smaller Countries?" HKS Faculty Research Working Paper series RWP08-076, December 2008.
    • Frankel, Jeffrey A. "New Estimation of China's Exchange Rate Regime." HKS Faculty Research Working Paper Series RWP08-077, December 2008.
    • Frankel, Jeffrey A. "Environmental Effects of International Trade." HKS Faculty Research Working Paper Series RWP09-006, January 2009.
    • Frankel, Jeffrey A., and Jumana Poonawala. "The Forward Market in Emerging Currencies: Less Biased than in Major Currencies." HKS Faculty Research Working Paper Series RWP09-023, July 2009.
    • Frankel, Jeffrey A. "On Global Currencies." HKS Faculty Research Working Paper Series RWP09-026, September 1, 2009.
  • Magazine and Newspaper Articles
    • Frankel, Jeffrey A. "Changing the Political Climate." Business Spectator. July 20, 2009.
  • Op-Eds
    • Frankel, Jeffrey A. "The Euro After 10 Years." livemint.com, December 28, 2008.
  • Research Papers/Reports
    • Frankel, Jeffrey A. "Options for Addressing the Leakage/Competitiveness Issue In Climate Change Policy Proposals." Paper for Conference on Climate Change, Trade and Investment: Is a Collusion Inevitable? Brookings Institution, Washington, D, June 9 2008.
    • Frankel, Jeffrey A. "An Elaborated Proposal for Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades." Harvard Project on International Climate Agreements Discussion Paper 08-08, October 2008.
    • Frankel, Jeffrey A. "Addressing the Leakage/Competitiveness Issue In Climate Change Policy Proposals." WCFIA Working Paper 4792, April 2009.