5 Things to Know About Janet Yellen


Growing up

Janet grew up in the Bay Ridge neighborhood of Brooklyn, NY. Her father was a doctor and her mother was an elementary school teacher who quit her job during the Great Depression to raise her kids.

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Janet graduated from Fort Hamilton High School in Brooklyn, NY. She attended Brown University where she majored in economics and expressed an early desire help people.

She graduated from Brown, summa cum laude in 1967 and later obtained a Ph.D. in economics from Yale in 1971.

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Married Life

Janet met her husband, George Akerloff when she joined the Federal Reserve as an economist back in 1977.

Akerloff won the 2001 Nobel Prize in economics.

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Career Accomplishments

Janet started off as an assistant professor at Harvard University from 1971-1976 and was simultaneously an economist with the Fed Reserve Board of Governors from 1977-1978.

After that, she conducted research and taught at University of California, Berkeley's Haas School of Business and was twice awarded the Haas School's outstanding teacher award.

She was a fellow of the Yale Corporation.

In 2009, she was a voting member of the Federal Open Market Committee.

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Honors and Awards

Among her many accolades, Yellen was awarded the following:

  • The Wilbur Cross Medal from Yale (1997)
  • An honorary Doctor of Laws degree from Brown  (1998)
  • An honorary Doctor of Humane Letters from Bard College (2000)
  • Adam Smith Award from the National Association for Business Economics (2010)
  • Elected Distinguished Fellow of the American Economic Association (2012)
  • Named in the 50 Most Influential list of Bloomberg Markets magazine (2012)

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