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Thursday, September 5, 2013

UCLA's Ziman Center Weighs in on Chairing the Fed

UCLA's Ziman Center for Real Estate - a unit of the Anderson School - publishes an op ed on who should be the next chair of the Federal Reserve.  The author is Stephen Oliner, a resident scholar at the American Enterprise Institute, a senior fellow at the Ziman Center, and formerly an associate director in the Division of Research and Statistics at the Board of Governors of the Federal Reserve System.If you have been following the issue in the popular news media, you know that the choices for President Obama are said to be Larry Summers and Janet Yellen. ("Are said to be" doesn't necessarily mean "are.") The op ed comes out for Yellen, currently vice chair of the Fed, who earlier in her career was a professor at UC-Berkeley. You can read it at http://www.anderson.ucla.edu/Documents/areas/ctr/ziman/UCLA_Economic_Letter_Oliner_9-04-13.pdf.

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