Stanley Fischer
| Stanley Fischer | |
|---|---|
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|
| Vice Chairman of the Federal Reserve | |
|
Assumed office June 16, 2014 |
|
| President |
Barack Obama Donald Trump |
| Preceded by | Janet Yellen |
| Governor of the Bank of Israel | |
|
In office May 1, 2005 – June 30, 2013 |
|
| Prime Minister |
Ariel Sharon Ehud Olmert Benjamin Netanyahu |
| Preceded by | David Klein |
| Succeeded by | Karnit Flug |
| First Deputy Managing Director of the International Monetary Fund | |
|
In office September 1, 1994 – August 31, 2001 |
|
| Director |
Michel Camdessus Horst Köhler |
| Preceded by | Position established |
| Succeeded by | Ann Krueger |
| Chief Economist of the World Bank | |
|
In office January 1988 – August 1990 |
|
| President | Barber Conable |
| Preceded by | Ann Krueger |
| Succeeded by | Larry Summers |
| Personal details | |
| Born |
October 15, 1943 Mazabuka, Northern Rhodesia (now Zambia) |
| Alma mater |
London School of Economics Massachusetts Institute of Technology |
| Signature | _Signature_2010.png) |
| Academic career | |
| Field | Macroeconomics |
| School or tradition |
New Keynesian economics |
| Doctoral advisor |
Franklin M. Fisher |
| Doctoral students |
Frederic Mishkin Olivier Blanchard Ben Bernanke Greg Mankiw David Romer Ricardo J. Caballero |
Stanley Fischer (Hebrew: סטנלי פישר; born October 15, 1943) is an economist and the vice chair of the U.S. Federal Reserve System. Born in Northern Rhodesia (now Zambia), he holds dual citizenship in Israel and the United States. He served as governor of the Bank of Israel from 2005 to 2013. He previously served as chief economist at the World Bank. On January 10, 2014, United States President Barack Obama nominated Fischer to be Vice-Chairman of the US Federal Reserve Board of Governors.
Fischer was born into a Jewish family in Mazabuka, Northern Rhodesia (now Zambia). When he was 13, his family moved to Southern Rhodesia (now Zimbabwe), where he became active in the Habonim Zionist youth movement. In 1960, he visited Israel as part of a winter program for youth leaders, and studied Hebrew at kibbutz Ma'agan Michael. He had originally planned to study at the Hebrew University of Jerusalem, but went to the United Kingdom to study after receiving a scholarship from the London School of Economics, and obtained his B.Sc. and M.Sc. in economics from 1962–1966. Fischer then moved to the United States to study at MIT, and earned a Ph.D. in economics in 1969 with a thesis titled Essays on assets and contingent commodities written under the supervision of Franklin M. Fisher. He became an American citizen in 1976.
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