Janet L. Yellen

Distinguished Fellow in Residence of Brookings

Janet L. Yellen is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institution, as well as an adviser to the Magellan Group. Dr. Yellen previously served as Chair of the Federal Reserve Board (2014-2018), as Vice Chair of the Federal Reserve Board (2010-2014), as President and Chief Executive Officer of the Federal Reserve Bank of San Francisco (2004-2010), and as Chair of the White House Council of Economic Advisors (1997-1999).

Dr. Yellen is Professor Emerita at the University of California at Berkeley where she was the Eugene E. and Catherine M. Trefethen Professor of Business and Professor of Economics (1999-2006) and has been a faculty member since 1980.  Prior to Berkeley, she was assistant professor of economics at Harvard University (1971-1976), an economist at the Federal Reserve Board (1977-1978), and a lecturer at the London School of Economics (1978-1988).

In 2012, Dr. Yellen was appointed Distinguished Fellow of the American Economic Association, for which she served as a Vice President (2004-2005), and where she is currently President. Dr. Yellen is a member of the American Academy of Arts and Sciences, the Council on Foreign Relations, the Economic Strategy Group of the Aspen Institute, the Group of Thirty, and the Climate Leadership Council (for which she was a founding member). She serves on the advisory boards of the Bloomberg New Economic Forum, the Committee for a Responsible Federal Budget and Fix the Debt Coalition (CRFB), and the Washington Center for Equitable Growth Steering Committee.  She was elected to the Yale Corporation as an alumni fellow in 2000, serving until 2006.

Dr. Yellen graduated summa cum laude from Brown University with a degree in economics in 1967, and received her Ph.D. in economics from Yale University in 1971. Yale awarded Yellen the Wilbur Cross Medal in 1997 for distinguished achievements in scholarship, teaching, academic administration, and public service and an Honorary Doctor of Social Science degree in 2015. In 1998, Brown awarded her an Honorary Doctor of Laws degree, and in 2000, Bard College awarded her a Doctor of Humane Letters.  She has also received honorary degrees from NYU, the London School of Economics, the University of Baltimore, and the University of Warwick.

Her scholarship has covered a range of macroeconomic issues, with a special focus on the causes, mechanisms, and implications of unemployment.  She has authored numerous articles, as well as The Fabulous Decade: Macroeconomic Lessons from the 1990s, with Alan Blinder (Century Foundation Press, 2001).