Andrew Abel
Andrew Bruce Abel | |
|---|---|
| Born | December 3, 1952 |
| Occupation(s) | Economist, professor |
| Years active | 1978–present |
| Known for | Co-authoring widely used macroeconomics textbook |
| Notable work | Macroeconomics (textbook) |
Andrew Bruce Abel (born December 3, 1952) is a distinguished American economist who has been a faculty member at the University of Pennsylvania since 1987. Since 2003, he has held the Ronald A. Rosenfeld Professorship at the Wharton School.
Biography
Abel completed his undergraduate studies in economics at Princeton University, graduating summa cum laude with an AB degree in 1974. He pursued doctoral studies at the Massachusetts Institute of Technology, earning a PhD in economics in 1978 under the mentorship of Rudi Dornbusch. His early academic appointments included assistant professorships at the University of Chicago from 1978 to 1980 and at Harvard University between 1980 and 1983, where he was designated John L. Loeb Associate Professor of the Social Sciences from 1983 until 1986. In 1986, Abel joined the faculty of the Wharton School at the University of Pennsylvania, attaining full professorship in economics by 1987 and receiving the Ronald A. Rosenfeld Professorship in Finance in 2003. His academic engagements also include visiting roles at UCLA, Chicago Booth, Tel Aviv University, and Hebrew University of Jerusalem.
Since 1983, Abel has been a research associate with the National Bureau of Economic Research. He was honored as a Fellow of the Econometric Society in 1991. Between 2001 and 2005, he contributed to the Congressional Budget Office’s Panel of Economic Advisors. Abel is recognized for co-authoring a widely used macroeconomics textbook alongside Ben Bernanke and subsequently Dean Croushore.
Honors, fellowships and grants
- Inducted into Phi Beta Kappa (1974)
- Awarded National Science Foundation Graduate Fellowship (1974–77)
- Received Research Fellowship from Federal Reserve Bank of Boston (1977–78)
- Secured grant from U.S. Department of Energy (1981–82)
- Obtained multiple grants from National Science Foundation (1982–91, 1993–96)
- Honored with John Kenneth Galbraith Award for Excellence in Teaching (1984)
- Sloan Research Fellowship recipient (1986–88)
- Elected Fellow of the Econometric Society (1991–present)
- Recipient of MBA Core Curriculum Cluster Award (1996–97)
Books
- Investment and the Value of Capital*, Garland Publishing, New York (1979)
- Federal Reserve Bank of Boston*, Report 65 (December 1978)
- The Collected Papers of Franco Modigliani* (editor), M.I.T. Press, Cambridge, Volumes I–III (1980)
- Macroeconomics*, Addison-Wesley, co-authored with Ben S. Bernanke (1992); sixth edition with Dean Croushore
The *Macroeconomics* textbook has been translated into several languages including Italian (second edition, 1995), Japanese (third edition, 1998; fourth edition, 2001), Greek (fifth edition, 2005), and Chinese (sixth edition, 2008)
- Macroeconomics*, Canadian Edition, Addison-Wesley Publishers Limited, co-authored with Ben S. Bernanke and Gregor W. Smith among others, first edition (1995)
- Macroeconomics*, European Edition, Addison Wesley Longman Limited, co-authored with Ben S. Bernanke and Robert McNabb (1998)
External links
- Pages with script errors
- Articles with short description
- Articles with hCards
- No local image but image on Wikidata
- 1952 births
- Living people
- 21st-century American economists
- MIT School of Humanities, Arts, and Social Sciences alumni
- Princeton University alumni
- Wharton School of the University of Pennsylvania faculty
- Fellows of the Econometric Society