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Martin Feldstein

Martin Stuart Feldstein ( , November 25, 1939 – June 11, 2019) was an American economist. He was the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research (NBER). He served as president and chief executive officer of the NBER from 1978 to 2008 (with the exception of 1982 to 1984). From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan and had deficit hawk views clashed with the Reagan administration's policies of large military expenditure policies). Feldstein was also a member of the Washington-based financial advisory body the Group of Thirty from 2003.

Martin Feldstein
Feldstein at the White House in 1982.
13th Chair of the Council of Economic Advisers
In office
October 14, 1982 – July 10, 1984
PresidentRonald Reagan
Preceded byMurray Weidenbaum
Succeeded byBeryl Sprinkel
Personal details
Born
Martin Stuart Feldstein

(1939-11-25)November 25, 1939
New York City, U.S.
DiedJune 11, 2019(2019-06-11) (aged 79)
Boston, Massachusetts, U.S.
Political partyRepublican
EducationHarvard University (AB)
Nuffield College, Oxford (BLitt, PhD)
Academic career
InstitutionHarvard University (1967–2019)
National Bureau of Economic Research (1977–1982, 1984–2019)
FieldMacroeconomics, public economics
School or
tradition
Neoclassical economics
Doctoral
advisor
W. M. Gorman
Doctoral
students
Harvey S. Rosen
Eli Noam
Jeffrey Sachs
Joel Slemrod
Douglas Elmendorf
Jeffrey Liebman
Raj Chetty
ContributionsFeldstein-Horioka puzzle
AwardsJohn Bates Clark Medal (1977)
Information at IDEAS / RePEc

Contents

Feldstein was born in New York City to a Jewish family and graduated from South Side High School in Rockville Centre, New York. He completed his undergraduate education at Harvard University (AB, summa cum laude, 1961), where he was affiliated with Adams House, and then attended Nuffield College, Oxford (B.Litt., 1963; M.A., 1964; D.Phil., 1967). He was a Research Fellow there from 1964 to 1965, an Official Fellow from 1965 to 1967 and was later an Honorary Fellow of the College.

In 1977, he received the John Bates Clark Medal of the American Economic Association, a prize which was awarded every two years until 2010 when it began to be awarded yearly. It is awarded to the economist under the age of 40 who is judged to have made the greatest contribution to economic science. He was among the ten most influential economists in the world, according to IDEAS/RePEc. He was the author of more than 300 research articles in economics and made contributions to health economics, international economics, and the economics of national security. However, he was known primarily for his greater contributions to macroeconomics, public finance and social insurance. Pioneering much of the research on the working mechanism and sustainability of public pension systems, he advanced the current understanding of the effects of social insurance. Feldstein was an avid advocate of Social Security reform and was a main driving force behind former President George W. Bush's initiative of partial privatization of the Social Security system. Aside from his contributions to the field of public sector economics, he also authored other important macroeconomics papers. One of his more well-known papers in this field was his investigation with Charles Horioka of investment behavior in various countries. He and Horioka found that in the long run, capital tends to stay in its home country — that is to say, a nation's savings is used to fund its investment opportunities. This has since been known as the "Feldstein–Horioka puzzle."[citation needed]

In 1997, writing about the upcoming European monetary union and the euro, Feldstein warned that the "adverse economic effects of a single currency on unemployment and inflation would outweigh any gains from facilitating trade and capital flows" and that, while "conceived of as a way of reducing the risk of another intra-European war", it was "more likely to have the opposite effect" and "lead to increased conflicts within Europe and between Europe and the United States."

In 2005, Feldstein was widely considered a leading candidate to succeed chairman Alan Greenspan as Chairman of the Federal Reserve Board. This was in part due to his prominence in the Reagan administration and his position as an economic advisor for the Bush presidential campaign. The New York Times wrote an editorial advocating that Bush choose either Feldstein or Ben Bernanke due to their credentials, and the week of the nomination The Economist predicted that the two men had the greatest probability of selection out of the field of candidates. Ultimately, the position went to Bernanke, possibly because Feldstein was a board member of AIG, which announced the same year that it would restate five years of past financial reports by $2.7 billion. Subsequently, AIG suffered a serious financial collapse that played a central role in the worldwide economic crisis of 2007–2008 and the ensuing global recession. The firm was rescued only by multiple capital infusions by the U.S. Federal Reserve Bank, which extended a $182.5 billion line of credit. Although Feldstein was not explicitly linked to the accounting practices in question, he had served as a Director of AIG since 1988. In March 2007, the Lynde and Harry Bradley Foundation announced that one of four 2007 Bradley Prizes to honor outstanding achievement would be awarded to Feldstein. On September 10, 2007, Feldstein announced that he would be stepping down as president of NBER effective June 2008.

Feldstein served as a member of the President's Foreign Intelligence Advisory Board from 2006 to 2009.

Feldstein said in March 2008 he believed the United States was in a recession and it could be a severe one.

As a member of the board of AIG Financial Products, Feldstein was one of those who had oversight of the division of the international insurer that contributed to the company's crisis in September 2008. In May 2009, Feldstein announced he would step down as a director of AIG. He served as a board member for Eli Lilly and Company. He also previously served on the boards of several other public companies including JPMorgan and TRW.[citation needed]

On February 6, 2009, Feldstein was announced as one of U.S. President Obama's advisors on the President's Economic Recovery Advisory Board. He served as a member on the President's Economic Recovery Advisory Board from 2009-2011.

Latter positions

He was a consultant to the U.S. Department of Defense.

He served on the board of directors of the Council on Foreign Relations, the Trilateral Commission, the Group of 30 and the National Committee on United States-China Relations. Feldstein was invited to participate in the Bilderberg Group annual conferences in 1996, 1998, 1999, 2001, 2002, 2003, 2005-2008 and 2010 through 2015. He is also a member of the JP Morgan Chase International Council, a member of the Academic Advisory Council of the American Enterprise Institute, and a member of the British Academy.

In 2011 he was included in the 50 Most Influential People in Global Finance ranking of Bloomberg Markets Magazine.

In 2017, Feldstein joined a small group of "Republican elder statesmen" proposing that conservatives embrace carbon taxes, with all revenue rebated with lump-sum dividends, as a policy to deal with global climate change. The group also included James A. Baker III, N. Gregory Mankiw, Henry M. Paulson Jr., and George P. Shultz.

Domestic saving and international capital flows

Published in 1980, this article made a significant contribution to international economics. Feldstein along with Charles Horioka contributed to the overall understanding of the international capital market by revealing the essence of the flow of capital in the world capital market. By examining the relationship between domestic investment and domestic savings of 21 OECD countries, Feldstein and Horioka provide statistical estimates revealing that almost all incremental savings of a country will remain in that country despite greater investment opportunities abroad. Puzzled by the unexpected direct relationship between domestic savings and investment, Feldstein and Horioka's findings have become known as the “Feldstein-Horioka Puzzle”.

Social security, induced retirement and aggregate capital accumulation

Published in 1974, this article made a significant contribution to social insurance. Feldstein facilitated a greater understanding of the effects of social security upon household consumption and savings. The article provides a theoretical analysis of the impact of social security on an individual’s decision regarding retirement and the amount of savings necessary for such retirement. Feldstein revealed that Social Security results in individuals deciding to save less for retirement and to retire earlier. The finding was later contested because it contained a calculation error. Feldstein and other authors did not agree on whether the corrected results made a change of the conclusions necessary.

The European Union, the euro and the sovereign debt crisis

Martin Feldstein participated in the academic and popular debate on the European Union (EU) and the European common currency from its early stages, with increased interest during the sovereign debt crisis. Taking a political economy perspective, Feldstein argued that the European Union project in general and the creation of the Economic and Monetary Union (EMU) in particular were driven by a strange mix of pro-European internationalism and the pursuit of strictly national interests. Although nuanced in his criticism, Feldstein can be characterized as a Eurosceptic. Feldstein, an enthusiastic supporter of a single market for goods and services in the EU, argued that this goal does not require a monetary union. Furthermore, the creation of a single currency in the EU would increase political tensions in the union, as not all countries share the anti-inflationary stance of the German policy makers. In military and foreign policy, the objective of achieving a political union (of which the monetary unification is only one aspect) would promote the development of a common foreign and defense policy capable of projecting strength on the international scene. During the sovereign debt crisis, Feldstein argued in favor of a "eurozone holiday" solution whereby the countries most affected by the crisis (such as Greece) would temporarily leave the eurozone, revert to their national currencies, devalue and re-enter at a lower exchange rate a few years later, a policy that would ensure a boost in international competitiveness solid enough to offset the economic recession.

A well-known figure on the Harvard campus, Feldstein taught the introductory economics class "Social Analysis 10: Principles of Economics" for 20 years and was succeeded by N. Gregory Mankiw. The class, since renamed Economics 10, was usually the largest class at Harvard, which remains the case. He also taught courses in American economic policy and public sector economics at Harvard College.

Feldstein may have made one of his greatest impacts by the concentration of his students in top echelons of government and academia, such as Larry Summers, former Harvard president and U.S. Treasury secretary; David Ellwood, dean of Harvard's Kennedy School of Government; and James Poterba, MIT professor and member of Bush's tax reform advisory panel. Lawrence Lindsey, formerly Bush's top economic adviser, wrote his doctoral thesis under Feldstein, as did Harvey S. Rosen, the previous chairman of the president's Council of Economic Advisers, Douglas Elmendorf, the former Director of the Congressional Budget Office, José Piñera, Chile's Secretary of Labor and Social Security during its pension privatization in 1980–1981, Jeffrey Sachs, Director of the Earth Institute at Columbia University, and Glenn Hubbard, Bush's first chairman of the council and now dean of the Columbia Business School.

  1. "Eli M. Noam". Columbia Institute for Tele-Information. Archived from the original on October 11, 2016. RetrievedOctober 16, 2016.
  2. "Sachs's CV"(PDF). Archived from the original(PDF) on March 5, 2017. RetrievedOctober 12, 2016.
  3. Chetty, Nadarajan. "Consumption commitments, risk preferences, and optimal unemployment insurance". RetrievedJanuary 23, 2014 – via ProQuest.
  4. Safire, William (December 25, 1983). "On Language; Stine or Steen?" – via NYTimes.com.
  5. "Obituary: Martin S. Feldstein". The Boston Globe. Boston. June 11, 2019. RetrievedJune 11, 2019.
  6. "Martin Feldstein". www.nber.org. RetrievedNovember 21, 2017.
  7. https://www.legacy.com/amp/obituaries/bostonglobe/193119505
  8. Sorin, Gerald (March 11, 1997). Tradition Transformed: The Jewish Experience in America (The American Moment). p. 219. ISBN 9780801854460.
  9. Rampell, Catherine. "Prize Deflation". Economix Blog. RetrievedNovember 21, 2017.
  10. "Top 10% Authors, as of December 2011. Research Papers in Economics. Retrieved January 25, 2012.
  11. Horioka, Charles (March 13, 2015). "The Life and Work of Martin Stuart ('Marty') Feldstein". Rochester, NY. SSRN2463992.Cite journal requires |journal= ()
  12. Feldstein, Martin. "EMU and international conflict" Archived October 6, 2008, at the Wayback Machine. Foreign Affairs, November/December 1997.
  13. Feldstein, Martin. (1997). The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability. Journal of Economic Perspectives, 11(4), pp. 23–42.
  14. "The Next Alan Greenspan". The New York Times. October 6, 2005. Archived from the original on March 18, 2014. RetrievedFebruary 11, 2017.
  15. "Martin Feldstein" Archived June 21, 2010, at the Wayback Machine. The Bradley Foundation. May 3, 2007.
  16. Feldstein, Marty. "Feldstein’s Resignation Letter". The Wall Street Journal. September 10, 2007.
  17. "Martin Feldstein" Archived October 24, 2014, at the Wayback Machine. BigSpeak Speakers Bureau. Retrieved January 25, 2012.
  18. "Worries grow of deeper U.S. recession". CNN. March 21, 2008. Archived from the original on March 23, 2008.
  19. Ding, Manning (May 27, 2009). "Feldstein To Leave AIG Board. Harvard Crimson.
  20. "Board of Directors". Investor Relations. Eli Lilly and Company. Archived from the original on March 20, 2006. RetrievedJanuary 25, 2012.
  21. Zeleny, Jeff (February 6, 2009). "Panel to Advise Obama on Economy". The New York Times.
  22. "Bilderberg Meetings" Archived January 16, 2013, at the Wayback Machine. Bilderberg Group. June 2008.
  23. "Bilderberg Meetings" Archived January 14, 2015, at the Wayback Machine. Bilderberg Group. June 2010.
  24. "Most Influential 50 in Global Finance List: Bloomberg Markets". Bloomberg.com. September 7, 2011. RetrievedNovember 21, 2017.
  25. "Archived copy"(PDF). Archived from the original(PDF) on September 21, 2018. RetrievedFebruary 11, 2017.CS1 maint: archived copy as title (link)
  26. Schwartz, John (February 7, 2017). "'A Conservative Climate Solution': Republican Group Calls for Carbon Tax" – via NYTimes.com.
  27. Feldstein, Martin; Horioka, Charles (1980). "Domestic Saving and International Capital Flows". The Economic Journal. 90 (358): 314–329. doi:10.2307/2231790. JSTOR 2231790.
  28. Feldstein, Martin (1974). "Social Security, Induced Retirement, and Aggregate Capital Accumulation". Journal of Political Economy. 82 (5): 905–926. doi:10.1086/260246. JSTOR 1829174. S2CID 154340239.
  29. Leimer, Lesnoy, Dean R., Selig D. (1982). "Social Security and Private Saving: New Time-Series Evidence". Journal of Political Economy. 90 (3): 606–629. doi:10.1086/261077. JSTOR 1831373. S2CID 54892823.
  30. Șimandan, Radu (2020). "A Gentle Sceptic: Martin Feldstein and the Euro". Eastern Journal of European Studies. 11 (2): 378–395.
  31. Feldstein, Martin (1992). "Europe's Monetary Union. The Case Against EMU"(PDF). The Economist.
  32. Feldstein, Martin (1992). "Europe's Monetary Union. The Case Against EMU"(PDF). The Economist.
  33. Feldstein, Martin. "EMU and international conflict" Archived October 6, 2008, at the Wayback Machine. Foreign Affairs, November/December 1997.
  34. Feldstein, Martin (2010). "Let Greece Take a Eurozone 'Holiday'". Financial Times.
  35. "Ec10, CS50 Once Again Top Course Enrollment - News - The Harvard Crimson". www.thecrimson.com.
  36. Gavin, Robert (June 26, 2005). "A principal of economics: Martin Feldstein". The Boston Globe.
Wikiquote has quotations related to: Martin Feldstein
Political offices
Preceded by
Murray Weidenbaum
Chair of the Council of Economic Advisers
1989–1993
Succeeded by
Beryl Sprinkel
Academic offices
Preceded by
Peter Diamond
President of the American Economic Association
2004–2005
Succeeded by
Daniel McFadden

Martin Feldstein
martin, feldstein, language, watch, edit, martin, stuart, feldstein, feld, styne, november, 1939, june, 2019, american, economist, george, baker, professor, economics, harvard, university, president, emeritus, national, bureau, economic, research, nber, served. Martin Feldstein Language Watch Edit Martin Stuart Feldstein ˈ f ɛ l d s t aɪ n FELD styne 4 November 25 1939 June 11 2019 was an American economist 5 He was the George F Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research NBER He served as president and chief executive officer of the NBER from 1978 to 2008 with the exception of 1982 to 1984 6 From 1982 to 1984 Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan and had deficit hawk views clashed with the Reagan administration s policies of large military expenditure policies Feldstein was also a member of the Washington based financial advisory body the Group of Thirty from 2003 7 Martin FeldsteinFeldstein at the White House in 1982 13th Chair of the Council of Economic AdvisersIn office October 14 1982 July 10 1984PresidentRonald ReaganPreceded byMurray WeidenbaumSucceeded byBeryl SprinkelPersonal detailsBornMartin Stuart Feldstein 1939 11 25 November 25 1939 New York City U S DiedJune 11 2019 2019 06 11 aged 79 Boston Massachusetts U S Political partyRepublicanEducationHarvard University AB Nuffield College Oxford BLitt PhD Academic careerInstitutionHarvard University 1967 2019 National Bureau of Economic Research 1977 1982 1984 2019 FieldMacroeconomics public economicsSchool or traditionNeoclassical economicsDoctoral advisorW M GormanDoctoral studentsHarvey S Rosen Eli Noam 1 Jeffrey Sachs 2 Joel Slemrod Douglas Elmendorf Jeffrey Liebman Raj Chetty 3 ContributionsFeldstein Horioka puzzleAwardsJohn Bates Clark Medal 1977 Information at IDEAS RePEc Contents 1 Early life and education 2 Career 2 1 Latter positions 3 Significant interests and publications 4 Teaching 5 References 6 External linksEarly life and education EditFeldstein was born in New York City to a Jewish family 8 and graduated from South Side High School in Rockville Centre New York He completed his undergraduate education at Harvard University AB summa cum laude 1961 where he was affiliated with Adams House and then attended Nuffield College Oxford B Litt 1963 M A 1964 D Phil 1967 6 He was a Research Fellow there from 1964 to 1965 an Official Fellow from 1965 to 1967 and was later an Honorary Fellow of the College 6 Career EditIn 1977 he received the John Bates Clark Medal of the American Economic Association a prize which was awarded every two years until 2010 when it began to be awarded yearly 9 It is awarded to the economist under the age of 40 who is judged to have made the greatest contribution to economic science He was among the ten most influential economists in the world according to IDEAS RePEc 10 He was the author of more than 300 research articles in economics and made contributions to health economics international economics and the economics of national security However he was known primarily for his greater contributions to macroeconomics public finance and social insurance 11 Pioneering much of the research on the working mechanism and sustainability of public pension systems he advanced the current understanding of the effects of social insurance Feldstein was an avid advocate of Social Security reform and was a main driving force behind former President George W Bush s initiative of partial privatization of the Social Security system Aside from his contributions to the field of public sector economics he also authored other important macroeconomics papers One of his more well known papers in this field was his investigation with Charles Horioka of investment behavior in various countries He and Horioka found that in the long run capital tends to stay in its home country that is to say a nation s savings is used to fund its investment opportunities This has since been known as the Feldstein Horioka puzzle citation needed In 1997 writing about the upcoming European monetary union and the euro Feldstein warned that the adverse economic effects of a single currency on unemployment and inflation would outweigh any gains from facilitating trade and capital flows and that while conceived of as a way of reducing the risk of another intra European war it was more likely to have the opposite effect and lead to increased conflicts within Europe and between Europe and the United States 12 13 In 2005 Feldstein was widely considered a leading candidate to succeed chairman Alan Greenspan as Chairman of the Federal Reserve Board This was in part due to his prominence in the Reagan administration and his position as an economic advisor for the Bush presidential campaign The New York Times wrote an editorial advocating that Bush choose either Feldstein or Ben Bernanke due to their credentials and the week of the nomination The Economist predicted that the two men had the greatest probability of selection out of the field of candidates 14 Ultimately the position went to Bernanke possibly because Feldstein was a board member of AIG which announced the same year that it would restate five years of past financial reports by 2 7 billion Subsequently AIG suffered a serious financial collapse that played a central role in the worldwide economic crisis of 2007 2008 and the ensuing global recession The firm was rescued only by multiple capital infusions by the U S Federal Reserve Bank which extended a 182 5 billion line of credit Although Feldstein was not explicitly linked to the accounting practices in question he had served as a Director of AIG since 1988 In March 2007 the Lynde and Harry Bradley Foundation announced that one of four 2007 Bradley Prizes to honor outstanding achievement would be awarded to Feldstein 15 On September 10 2007 Feldstein announced that he would be stepping down as president of NBER effective June 2008 16 Feldstein served as a member of the President s Foreign Intelligence Advisory Board from 2006 to 2009 17 Feldstein said in March 2008 he believed the United States was in a recession and it could be a severe one 18 As a member of the board of AIG Financial Products Feldstein was one of those who had oversight of the division of the international insurer that contributed to the company s crisis in September 2008 In May 2009 Feldstein announced he would step down as a director of AIG 19 He served as a board member for Eli Lilly and Company 20 He also previously served on the boards of several other public companies including JPMorgan and TRW citation needed On February 6 2009 Feldstein was announced as one of U S President Obama s advisors on the President s Economic Recovery Advisory Board 21 He served as a member on the President s Economic Recovery Advisory Board from 2009 2011 6 Latter positions Edit He was a consultant to the U S Department of Defense 6 He served on the board of directors of the Council on Foreign Relations the Trilateral Commission the Group of 30 and the National Committee on United States China Relations 17 Feldstein was invited to participate in the Bilderberg Group annual conferences in 1996 1998 1999 2001 2002 2003 2005 2008 and 2010 through 2015 22 23 He is also a member of the JP Morgan Chase International Council a member of the Academic Advisory Council of the American Enterprise Institute and a member of the British Academy In 2011 he was included in the 50 Most Influential People in Global Finance ranking of Bloomberg Markets Magazine 24 In 2017 Feldstein joined a small group of Republican elder statesmen proposing that conservatives embrace carbon taxes with all revenue rebated with lump sum dividends as a policy to deal with global climate change The group also included James A Baker III N Gregory Mankiw Henry M Paulson Jr and George P Shultz 25 26 Significant interests and publications EditDomestic saving and international capital flows 27 Published in 1980 this article made a significant contribution to international economics Feldstein along with Charles Horioka contributed to the overall understanding of the international capital market by revealing the essence of the flow of capital in the world capital market By examining the relationship between domestic investment and domestic savings of 21 OECD countries Feldstein and Horioka provide statistical estimates revealing that almost all incremental savings of a country will remain in that country despite greater investment opportunities abroad Puzzled by the unexpected direct relationship between domestic savings and investment Feldstein and Horioka s findings have become known as the Feldstein Horioka Puzzle Social security induced retirement and aggregate capital accumulation 28 Published in 1974 this article made a significant contribution to social insurance Feldstein facilitated a greater understanding of the effects of social security upon household consumption and savings The article provides a theoretical analysis of the impact of social security on an individual s decision regarding retirement and the amount of savings necessary for such retirement Feldstein revealed that Social Security results in individuals deciding to save less for retirement and to retire earlier The finding was later contested because it contained a calculation error Feldstein and other authors did not agree on whether the corrected results made a change of the conclusions necessary 29 The European Union the euro and the sovereign debt crisis Martin Feldstein participated in the academic and popular debate on the European Union EU and the European common currency from its early stages with increased interest during the sovereign debt crisis Taking a political economy perspective Feldstein argued that the European Union project in general and the creation of the Economic and Monetary Union EMU in particular were driven by a strange mix of pro European internationalism and the pursuit of strictly national interests 13 Although nuanced in his criticism Feldstein can be characterized as a Eurosceptic 30 Feldstein an enthusiastic supporter of a single market for goods and services in the EU argued that this goal does not require a monetary union 31 Furthermore the creation of a single currency in the EU would increase political tensions in the union as not all countries share the anti inflationary stance of the German policy makers 32 In military and foreign policy the objective of achieving a political union of which the monetary unification is only one aspect would promote the development of a common foreign and defense policy capable of projecting strength on the international scene 33 During the sovereign debt crisis Feldstein argued in favor of a eurozone holiday solution whereby the countries most affected by the crisis such as Greece would temporarily leave the eurozone revert to their national currencies devalue and re enter at a lower exchange rate a few years later a policy that would ensure a boost in international competitiveness solid enough to offset the economic recession 34 Teaching EditA well known figure on the Harvard campus Feldstein taught the introductory economics class Social Analysis 10 Principles of Economics for 20 years and was succeeded by N Gregory Mankiw The class since renamed Economics 10 was usually the largest class at Harvard which remains the case 35 He also taught courses in American economic policy and public sector economics at Harvard College Feldstein may have made one of his greatest impacts by the concentration of his students in top echelons of government and academia such as Larry Summers former Harvard president and U S Treasury secretary David Ellwood dean of Harvard s Kennedy School of Government and James Poterba MIT professor and member of Bush s tax reform advisory panel Lawrence Lindsey formerly Bush s top economic adviser wrote his doctoral thesis under Feldstein as did Harvey S Rosen the previous chairman of the president s Council of Economic Advisers Douglas Elmendorf the former Director of the Congressional Budget Office Jose Pinera Chile s Secretary of Labor and Social Security during its pension privatization in 1980 1981 Jeffrey Sachs Director of the Earth Institute at Columbia University and Glenn Hubbard Bush s first chairman of the council and now dean of the Columbia Business School 36 References Edit Eli M Noam Columbia Institute for Tele Information Archived from the original on October 11 2016 Retrieved October 16 2016 Sachs s CV PDF Archived from the original PDF on March 5 2017 Retrieved October 12 2016 Chetty Nadarajan Consumption commitments risk preferences and optimal unemployment insurance Retrieved January 23 2014 via ProQuest Safire William December 25 1983 On Language Stine or Steen via NYTimes com Obituary Martin S Feldstein The Boston Globe Boston June 11 2019 Retrieved June 11 2019 a b c d e Martin Feldstein www nber org Retrieved November 21 2017 https www legacy com amp obituaries bostonglobe 193119505 Sorin Gerald March 11 1997 Tradition Transformed The Jewish Experience in America The American Moment p 219 ISBN 9780801854460 Rampell Catherine Prize Deflation Economix Blog Retrieved November 21 2017 Top 10 Authors as of December 2011 Research Papers in Economics Retrieved January 25 2012 Horioka Charles March 13 2015 The Life and Work of Martin Stuart Marty Feldstein Rochester NY SSRN 2463992 Cite journal requires journal help Feldstein Martin EMU and international conflict Archived October 6 2008 at the Wayback Machine Foreign Affairs November December 1997 a b Feldstein Martin 1997 The Political Economy of the European Economic and Monetary Union Political Sources of an Economic Liability Journal of Economic Perspectives 11 4 pp 23 42 The Next Alan Greenspan The New York Times October 6 2005 Archived from the original on March 18 2014 Retrieved February 11 2017 Martin Feldstein Archived June 21 2010 at the Wayback Machine The Bradley Foundation May 3 2007 Feldstein Marty Feldstein s Resignation Letter The Wall Street Journal September 10 2007 a b Martin Feldstein Archived October 24 2014 at the Wayback Machine BigSpeak Speakers Bureau Retrieved January 25 2012 Worries grow of deeper U S recession CNN March 21 2008 Archived from the original on March 23 2008 Ding Manning May 27 2009 Feldstein To Leave AIG Board Harvard Crimson Board of Directors Investor Relations Eli Lilly and Company Archived from the original on March 20 2006 Retrieved January 25 2012 Zeleny Jeff February 6 2009 Panel to Advise Obama on Economy The New York Times Bilderberg Meetings Archived January 16 2013 at the Wayback Machine Bilderberg Group June 2008 Bilderberg Meetings Archived January 14 2015 at the Wayback Machine Bilderberg Group June 2010 Most Influential 50 in Global Finance List Bloomberg Markets Bloomberg com September 7 2011 Retrieved November 21 2017 Archived copy PDF Archived from the original PDF on September 21 2018 Retrieved February 11 2017 CS1 maint archived copy as title link Schwartz John February 7 2017 A Conservative Climate Solution Republican Group Calls for Carbon Tax via NYTimes com Feldstein Martin Horioka Charles 1980 Domestic Saving and International Capital Flows The Economic Journal 90 358 314 329 doi 10 2307 2231790 JSTOR 2231790 Feldstein Martin 1974 Social Security Induced Retirement and Aggregate Capital Accumulation Journal of Political Economy 82 5 905 926 doi 10 1086 260246 JSTOR 1829174 S2CID 154340239 Leimer Lesnoy Dean R Selig D 1982 Social Security and Private Saving New Time Series Evidence Journal of Political Economy 90 3 606 629 doi 10 1086 261077 JSTOR 1831373 S2CID 54892823 Șimandan Radu 2020 A Gentle Sceptic Martin Feldstein and the Euro Eastern Journal of European Studies 11 2 378 395 Feldstein Martin 1992 Europe s Monetary Union The Case Against EMU PDF The Economist Feldstein Martin 1992 Europe s Monetary Union The Case Against EMU PDF The Economist Feldstein Martin EMU and international conflict Archived October 6 2008 at the Wayback Machine Foreign Affairs November December 1997 Feldstein Martin 2010 Let Greece Take a Eurozone Holiday Financial Times Ec10 CS50 Once Again Top Course Enrollment News The Harvard Crimson www thecrimson com Gavin Robert June 26 2005 A principal of economics Martin Feldstein The Boston Globe External links EditWikiquote has quotations related to Martin FeldsteinFaculty profile at Harvard University Profile at the National Bureau of Economic Research Appearances on C SPAN Profile and Papers at Research Papers in Economics RePEc Column archive at Project Syndicate Feldstein Says U S Dollar Needs to Depreciate Jan Zilinsky The Harvard Crimson January 12 2007Political officesPreceded by Murray Weidenbaum Chair of the Council of Economic Advisers 1989 1993 Succeeded by Beryl SprinkelAcademic officesPreceded by Peter Diamond President of the American Economic Association 2004 2005 Succeeded by Daniel McFaddenRetrieved from https en wikipedia org w index php title Martin Feldstein amp oldid 1039850969, wikipedia, wiki, book, books, library,

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