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Cited in: Janet L. Yellen
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Eugene E. and Catherine M. Trefethen Professor Emeritus of Business Administration Economic Analysis & Policy Email Janet About Janet L. Yellen is the Eugene E. and Catherine M. Trefethen Professor Emeritus of Business Administration at the Haas School of Business, University of California, Berkeley. On January 26, 2021, Yellen was sworn in as the 78th Secretary of the Treasury of the United States. Yellen served as Chair of the Federal Reserve from 2014 to 2018, Vice Chair from 2010 to 2014, and Chair of the President’s Council of Economic Advisers from 1997 to 1999. She is the first person in American history to have led the White House Council of Economic Advisors, the Federal Reserve, and the Treasury Department. An economist by training, Yellen joined the Berkeley Haas faculty in 1980. For the next 26 years, she taught thousands of MBA and undergraduate students in macroeconomics, economics, and trade. Her academic research focuses on unemployment and labor markets, monetary and fiscal policies, and international trade. Beloved by her students, she earned the school’s highest teaching honor, the Earl F. Cheit Award for Excellence in Teaching, in 1985 and 1988. Read Yellen’s full profile on the U.S. Treasury website. Expertise and Research Interests Unemployment and labor markets Monetary and fiscal policies International trade and investment policy The Fabulous Decade: Macroeconomic Lessons from the 1990s, with Alan Binder. New York: The Century Foundation Press, 2001. “Trends in Income Inequality and Policy Responses.” Looking Ahead (October 1997). “The Inequality Paradox: Growth of Income Disparity.” National Policy Association (1998). “The Continuing Importance of Trade Liberalization.” Business Economics (1998). “Monetary Policy: Goals and Strategy.” Business Economics (July 1996). “An Analysis of Out-of-Wedlock Childbearing in the United States,” with George Akerlof and Michael Katz. Journal of Economics (May 1996). “East Germany In From the Cold: The Economic Aftermath of Currency Union,” with George Akerlof, Andrew Rose, and Helga Hessenius. Brookings Papers on Economic Activity 1991:1. “How Large Are the Losses from Rule of Thumb Behavior in Models of the Business Cycle?” with George Akerlof, in Money, Macroeconomics and Economic Policy: Essays in Honor of James Tobin, edited by Willima Brainard, William Nordhaus, and Harold Watts, Cambridge, Mass.: MIT Press, 1991. At Haas since 1980 2021 – present, Secretary of the Treasury, U.S. Department of the Treasury 2018 – 2020, Distinguished Fellow in Residence – Economic Studies, The Hutchins Center on Fiscal and Monetary Policy, Brookings Institution 2014 – 2018, Chair, Federal Reserve Board of Governors 2010 – 2014, Vice Chair, Federal Reserve Board of Governors 2004 – 2010, President and CEO, Federal Reserve Bank of San Francisco 2006 – present, Eugene E. and Catherine M. Trefethen Professor Emeritus of Business Administration 1999 – 2006, Eugene E. and Catherine M. Trefethen Professor of Business Administration and Professor of Economics 1985 – 2006, Professor, Haas School of Business, UC Berkeley 1997 – 1999, Chair, President’s Council of Economic Advisors 1994 – 1997, Member, Board of Governors of the Federal Reserve System 1982 – 1985, Associate Professor, Haas School of Business, UC Berkeley 1980 – 1982, Assistant Professor, Haas School of Business, UC Berkeley 1978 – 1980, Lecturer, London School of Economics and Political Science 1977 – 1978, Economist, Division of International Finance, Trade and Financial Studies Section, Board of Governors of the Federal Reserve System 1971 – 1976, Assistant Professor, Department of Economics, Harvard University 1974, Research Fellow, Massachusetts Institute of Technology Fellow, American Academy of Arts and Sciences Vice President, Western Economics Association Fellow, Yale Corporation Member, National Academy of Sciences Panel on Ensuring the Best Presidential Science and Technology Appointments Research Associate, National Bureau of Economic Research Advisory Board, Center for International Political Economy Advisory Board, Brookings Panel on Economic Activity Chair: Economic Policy Committee of the Organization for Economic Cooperation and Development President’s Interagency Committee on Women’s Business Enterprise Member and adviser: Brookings Panel on Economic Activity (senior advisor); Advisor Panel in Economics, National Science Foundation Advisor: Congressional Budget Office Research fellow: Yale University, and Massachusetts Institute of Technology Distinguished Fellow, American Economic Association Fellow, American Academy of Arts and Sciences, 2001 Fellow, Yale Corporation, 2000 Honorary Doctor of Humane Letters Degree, Bard College, May 2000 Honorary Doctor of Laws Degree, Brown University, 1998 Maria and Sidney Rolfe Award for National Economic Service, Women’s Economic Roundtable, 1997 Wilbur Lucius Cross Medal, Yale University, 1997 Honorary Woodrow Wilson Fellowship, 1967 Guggenheim Fellow, 1986-1987 Earl F. Cheit Award for Excellence in Teaching (Evening MBA Program), 1988 Earl F. Cheit Award for Excellence in Teaching (MBA Program), 1985 Facts and Figures about Janet Yellen Angeleno Group Taps Sustainable Forestry Pioneer Dr. David Brand as Operating Partner, Los Angeles Times, 01/21/2026 ‘Pivotal Moment’ for Angeleno Group, Los Angeles Business Journal, 12/08/2025 Five Former Treasury Secretaries: Our Democracy Is Under Siege, The New York Times, 02/10/2025 China’s stimulus measures not enough, Yellen and IMF chief economist say, Reuters, 10/22/2024 Treasury Secretary Janet Yellen stops at In-N-Out, Chez Panisse during APEC, San Francisco Chronicle, 11/14/2023 Can we stop corporations from hiding their profits overseas?, The New Yorker, 06/22/2021 Former UC Berkeley faculty Jennifer Granholm confirmed as energy secretary, Daily Californian, 02/25/2021 Janet Yellen is confirmed as the first female Treasury secretary in US history, CNN, 01/25/2021 Make America California again? That’s Biden’s plan, Los Angeles Times, 01/19/2021 Former colleague of Janet Yellen reacts to her historic nomination, KTVU, 11/30/2020 Biden appointees have a lot of ties to startup and venture spheres, Crunchbase, 11/27/2020 Janet Yellen: a Fed veteran ready to take the wheel at the Treasury, Financial Times, 11/27/2020 Janet Yellen, Biden’s Treasury nominee, has long thought about Bay Area’s challenges, The San Francisco Chronicle, 11/24/2020 Meet the women being considered for Treasury Secretary, Forbes, 11/16/2020 ‘Most efficient vehicle’: UC Berkeley professors create California Rebuilding Fund for small businesses, Daily Californian, 09/09/2020
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