The Next Fed Chair(woman)?
Barron’s profiles some female economists who are plausible candidates for the role of Fed Chair, although most can be ruled out as a Greenspan replacement because of their Democrat sympathies. The story quotes Alicia Munnell saying:
“A lower percentage of women compared to men are Republicans,” she notes, “which means there’s a smaller pool of women candidates with appropriate political credentials. This is especially true among academic economists, of which the majority, male and female, are Democrats.”
Interestingly enough, the two women that have served on the Bank of Japan policy board in recent years have invariably been the most hawkish in their voting behaviour.
posted on 23 August 2005 by skirchner
in Economics
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Comments
I’ve been wondering about this too. It seems like the type of appointment this administration is inclined to make, there are political advantages, and there have been hints they are looking beyond the obvious candidates.
Posted by Mark Thoma on 08/23 at 08:44 PM
The administration need to cast a wide net, because the most promising candidates already have excellent jobs and it may be hard to entice them into the role of Fed Chair. The final nominee might not be their first choice.
Posted by skirchner on 08/24 at 09:20 AM