31 Facts About Amir Yaron

Amir Yaron was born on 1964 and is an Israeli-American economist and the current Governor of the Bank of Israel.

Amir Yaron grew up in Ramat Hasharon and Ramat Gan, and studied at the Ussishkin School.

Amir Yaron's father Yaakov was an economist who worked at Bank Hapoalim, and later served in a number of senior management positions in Israeli industry.

Amir Yaron then took a position at the World Bank, where he specialized in emerging economies.

Between 1985 and 1989, Amir Yaron served in the Israel Defense Forces as an officer under the economic advisor to the IDF Chief of Staff.

Amir Yaron holds bachelor's and master's degrees in economics from Tel Aviv University, the latter of which he completed with distinction in 1989.

Amir Yaron completed a second master's degree from the University of Chicago in 1992, and received a Ph.

Amir Yaron was assistant professor of economics and finance at Carnegie Mellon University from 1994 until 1997.

Amir Yaron served as a research associate at the National Bureau of Economic Research, where he headed the capital markets and economics group.

Amir Yaron served as a visiting academic at the Federal Reserve Bank of Philadelphia.

Amir Yaron is a researcher in financial economics, and studies microfinancing, asset pricing, and investments.

Amir Yaron is in the field of finance, and has published articles in academic journals in economics and finance.

On October 28,2019, Yaron received the Stephen A Ross Prize in financial economics from the Foundation for the Advancement of Research in Financial Economics for his work on asset pricing.

Ravi Bansal was published in The Journal of Finance in 2004, when Amir Yaron was a researcher at the University of Pennsylvania.

Since the article was published, it has been cited many times in economic studies, scientific publications, and articles, including a document by the Nobel Prize Committee in 2013, which noted that the Bansal-Amir Yaron model had a deep effect on many later studies, including those of that year's Nobel Prize winner, Lars Peter Hansen.

Amir Yaron has written important studies in the fields of macroeconomics and public policy.

Amir Yaron was among the first contributors to the macroeconomic literature on models that include a large number of consumers and heterogeneous firms, and he wrote studies dealing with inequality, consumerism, human capital, unemployment, earning capacity, national welfare programs, and more.

Amir Yaron was chosen by Prime Minister Benjamin Netanyahu to be the next governor of the Bank of Israel, subject to government approval.

Amir Yaron succeeded Karnit Flug, whose five-year term ended in November, 2018.

Amir Yaron emphasized the urgent need for broad investment in infrastructure and in human capital that was required to realize the economy's growth potential.

Amir Yaron noted financial innovation as a field that would increase competition and improve the Israeli financial system.

In June 2019, Governor Amir Yaron warned of an increase in the budget deficit and of a worsening of the debt to GDP ratio.

In September 2019, Amir Yaron announced that he had instructed the Bank of Israel Research Department to formulate operative recommendations in the field of housing, and that the Bank would begin a process of defining strategic targets for the coming years.

Amir Yaron referred to the Bank of Israel's policy in the foreign exchange market as "constructive ambiguity", which, in his view, was the appropriate policy for a small economy such as Israel.

At the beginning of the COVID-19 crisis, Amir Yaron led the Bank of Israel in adopting new monetary and other tools that had not been used since the Global Financial Crisis, to an unprecedented scale.

At the beginning of the crisis, Governor Amir Yaron called on the banking system to find the proper balance so that the banks could continue providing for the economy's financing needs, particularly those of households and small and micro businesses, even under the unique crisis conditions.

Amir Yaron noted the importance of planning these steps as part of a proper State budget, and emphasized the importance of passing the budget in a message that was aimed at the international markets in which Israel raises debt.

One of the issues that Governor Amir Yaron emphasized upon taking office, and which he has worked to advance, was closing Israel's gap in the world of advanced payments.

Amir Yaron emerged as one of the most influential figures in the debate on legal reform, particularly regarding its economic aspects.

Amir Yaron reiterated his position in various settings, including interviews with Israeli and international media.

Amir Yaron lived in the United States from the 1990s until he returned to Israel in 2018.