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Bendheim Professor of Economics and Public Affairs
Alan B. Krueger is the Bendheim Professor of Economics and Public Affairs at Princeton University. He served as Chairman of President Barack Obama’s Council of Economic Advisers from November 2011 to August 2013, and was a member of the President’s Cabinet. He is the founding Director of the Princeton University Survey Research Center. In 2009-10, he served as Assistant Secretary for Economic Policy and Chief Economist of the U.S. Department of the Treasury and in 1994-95 he served as Chief Economist of the U.S. Department of Labor. He wrote for the New York Times Economic Scene column and Economix blog from 2000 to 2009. He was named a Sloan Fellow in Economics in 1992 and an NBER Olin Fellow in 1989-90. He was editor of the Journal of Economic Perspectives from 1996 to 2002. He was elected a Fellow of the Econometric Society in 1996, a fellow of the Society of Labor Economists in 2005 and a member of the Executive Committee of the American Economic Association in 2004. He earned a B.S. degree with honors from Cornell University in 1983 and a Ph.D. in Economics from Harvard University in 1987.
He is one of the nation’s most-respected voices on the economy. He is ranked among the 50 highest-ranked economists in the world according to Research Papers in Economics. Since 1987, he has held a joint appointment in the Economics Department and Woodrow Wilson School at Princeton University. Krueger has published widely on unemployment, income distribution, the economics of education, labor demand, terrorism, subjective well-being, financial markets, social insurance, labor market regulation and environmental economics. Among his many honors, he was awarded the Kershaw Prize by the Association for Public Policy and Management in 1997 for the most significant contributions to public policy research by someone under age 40, elected a fellow of the American Academy of Arts & Sciences in 2002, and awarded the IZA Prize in Labor Economics in 2006.
He joined the Obama administration in the midst of the financial crisis in February 2009 and helped develop and implement policies that put the country on a path back toward recovery. He is the only economist to have served as Chief Economist of both the Department of the Treasury and Department of Labor. As one of the foremost experts on labor markets, wage growth, inequality and unemployment, his speeches offer insights on the path of the current U.S. recovery, the likely path of future policy developments, and risks and opportunities in the global economy.
President Obama said, Alan has been one of my most trusted advisers on economic policy and a great friend. I asked Alan to lead my Council of Economic Advisers because he understands the economy better than almost anyone …. Alan was the driving force behind many of the economic policies that I have proposed that will grow our economy and create middle-class jobs. … And while we have more work to do, today our economy is improving — thanks, in no small part, to Alan’s efforts.” Dr. Krueger helped design early stimulus proposals, including the “cash for clunkers” rebate, the Build America Bonds program, and the small business lending fund. He also played a major role in the development of the administration’s tax, budget, housing, energy, and international economic agenda.