| New Keynesian economics | |
|---|---|
 Stanley Fischer, Governor of the Bank of Israel |
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| Birth | 15 October 1943 Northern Rhodesia (Now Zambia) |
| Nationality |  Israel |
| Institution | Bank of Israel 2005– Citigroup 2002–05 IMF 1994–01 World Bank 1988–90 MIT 1973-88, 1990–94 |
| Field | Financial economics |
| Alma mater | MIT (Ph.D.) LSE (B.Sc., M.Sc.) |
| Influences | Franklin M. Fisher |
| Influenced | N. Gregory Mankiw Ben S. Bernanke Kenneth Rogoff |
Stanley "Stan" Fischer (Hebrew: סטנלי פישר) is an economist and the current Governor of the Bank of Israel.
Born in Northern Rhodesia (now Zambia) on 15 October 1943, he obtained his B.Sc. and M.Sc. at the London School of Economics from 1962-1966 and his Ph.D. at MIT in 1969, all in economics. He was a professor at MIT from 1977 to 1988, where he authored two popular economics textbooks: Macroeconomics (with Rüdiger Dornbusch and Richard Startz) and Lectures in Macroeconomics (with Olivier Blanchard), and was Ben Bernanke's Ph.D. thesis advisor.
From January 1988 to August 1990 he was Vice President, Development Economics and Chief Economist at the World Bank. He then became the First Deputy Managing Director of the International Monetary Fund, from September 1994 until the end of August 2001. By the end of 2001 Dr. Fischer had joined the influential Washington-based financial advisory body, the Group of Thirty. After leaving the IMF, he served as Vice Chairman of Citigroup, President of Citigroup International, and Head of the Public Sector Client Group. Dr. Fischer worked at Citigroup from February, 2002 to April, 2005.
He became Governor of the Bank of Israel on May 1, 2005, replacing David Klein, who ended his term on January 16, 2005. Dr. Fischer became an Israeli citizen, the aforementioned action being a prerequisite to this appointment. He has been involved in the past with the Bank of Israel, having served as an American government adviser to Israel's economic stabilization program in 1985.
Fischer is a fluent Hebrew speaker.[1]
References
External links
Articles
- C. Peter McColough Series on International Economics: The Israeli Economy: Thriving in a Complicated Environment Council on Foreign Relations October 18, 2007
- Israel looks to US for bank chief - 10 January 2005
- Bloomberg.com: Top Worldwide - Citigroup's Fischer to Head Israel's Central Bank - January 9, 2005
- Why so gloomy on the global economy? - 4 October 2004
- Stanley Fischer: The Life of an Internationally Renowned Economist - August 13, 2004
- "Exchange Rate Regimes: Is the Bipolar View Correct?", International Monetary Fund, Distinguished Lecture on Economics in Government, American Economic Association and the Society of Government Economists. Delivered at the Meetings of the American Economic Association, New Orleans, January 6, 2001
| Business positions | ||
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| Preceded by Anne Krueger |
World Bank Chief Economist 1988–1990 |
Succeeded by Lawrence Summers |
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