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Alan Krueger
Alan Bennett Krueger (September 17, 1960 – March 16, 2019) was an American economist who was the James Madison Professor of Political Economy at Princeton University and Research Associate at the National Bureau of Economic Research. He served as Assistant Secretary of the Treasury for Economic Policy, nominated by President Barack Obama, from May 2009 to October 2010, when he returned to Princeton. He was nominated in 2011 by Obama as chair of the White House Council of Economic Advisers, and served in that office from November 2011 to August 2013.
He was among the 50 highest ranked economists in the world according to Research Papers in Economics. He made innovative use of natural experiments in economics, including influential research in the 1990s that challenged the dominant perspective in economics at the time that minimum wage adversely affected employment. He also made prominent contributions to research on inequality and the economic effects of education.
Krueger grew up in a Jewish family in Livingston, New Jersey, and graduated from Livingston High School in 1979.
Krueger received his B.S. from the Cornell University School of Industrial and Labor Relations (with honors), and he received his M.A. and Ph.D. in Economics from Harvard University in 1985 and 1987, respectively.
Krueger began teaching at Princeton University in 1987, and successively held the Bendheim Professorship in Economics and Public Affairs and the James Madison Professorship in Political Economy.
Krueger developed and applied the method of natural experiments to study the effect of education on earnings, the minimum wage on employment, and other issues.
Krueger compared restaurant jobs in New Jersey, which raised its minimum wage, to restaurant jobs in Pennsylvania, which did not, and found that restaurant employment in New Jersey increased, while it decreased in Pennsylvania. The results reinvigorated the academic debate on the employment effects of minimum wages and spawned a large literature.
His books, Education Matters: Selected Essays by Alan B. Krueger and (with James Heckman) Inequality in America: What Role for Human Capital Policies? reviewed the available research relating to positive externalities accruing to society from increased government investment in educating the children of the poor. In Inequality in America, he writes:
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Alan Krueger
Alan Bennett Krueger (September 17, 1960 – March 16, 2019) was an American economist who was the James Madison Professor of Political Economy at Princeton University and Research Associate at the National Bureau of Economic Research. He served as Assistant Secretary of the Treasury for Economic Policy, nominated by President Barack Obama, from May 2009 to October 2010, when he returned to Princeton. He was nominated in 2011 by Obama as chair of the White House Council of Economic Advisers, and served in that office from November 2011 to August 2013.
He was among the 50 highest ranked economists in the world according to Research Papers in Economics. He made innovative use of natural experiments in economics, including influential research in the 1990s that challenged the dominant perspective in economics at the time that minimum wage adversely affected employment. He also made prominent contributions to research on inequality and the economic effects of education.
Krueger grew up in a Jewish family in Livingston, New Jersey, and graduated from Livingston High School in 1979.
Krueger received his B.S. from the Cornell University School of Industrial and Labor Relations (with honors), and he received his M.A. and Ph.D. in Economics from Harvard University in 1985 and 1987, respectively.
Krueger began teaching at Princeton University in 1987, and successively held the Bendheim Professorship in Economics and Public Affairs and the James Madison Professorship in Political Economy.
Krueger developed and applied the method of natural experiments to study the effect of education on earnings, the minimum wage on employment, and other issues.
Krueger compared restaurant jobs in New Jersey, which raised its minimum wage, to restaurant jobs in Pennsylvania, which did not, and found that restaurant employment in New Jersey increased, while it decreased in Pennsylvania. The results reinvigorated the academic debate on the employment effects of minimum wages and spawned a large literature.
His books, Education Matters: Selected Essays by Alan B. Krueger and (with James Heckman) Inequality in America: What Role for Human Capital Policies? reviewed the available research relating to positive externalities accruing to society from increased government investment in educating the children of the poor. In Inequality in America, he writes: