1. Narayana Rao Kocherlakota was born on October 12,1963 and is an American economist and the Lionel W McKenzie Professor of Economics at the University of Rochester.
11 Facts About Narayana Kocherlakota
1. 2.
Narayana Kocherlakota subsequently was a professor of economics at the University of Iowa, Stanford University, and the University of Minnesota.
3.
Narayana Kocherlakota is one of the founders of "New Dynamic Public Finance", which is an approach to optimal tax design "given only minimal restrictions on the set of possible tax instruments, and on the nature of shocks affecting people in the economy".
4.
Narayana Kocherlakota's contributions include articles on optimal taxation and optimal unemployment insurance.
5.
Narayana Kocherlakota published a graduate textbook on the subject in 2010 called The New Dynamic Public Finance by Princeton University Press.
6.
On October 8,2009, Kocherlakota assumed the presidency of the Federal Reserve Bank of Minneapolis following the retirement of Gary H Stern.
7.
Narayana Kocherlakota had been a consultant at the Minneapolis Fed since 1999.
Related searches
Jack White 8.
In January 2011, Narayana Kocherlakota contested the idea that the Federal Reserve caused the US housing bubble in the 2000s.
9.
Narayana Kocherlakota said that he realized that labor-market problems like unemployment were, in fact, related to demand.
10.
Narayana Kocherlakota is married to Barbara McCutcheon, who holds a Ph.
11.
Narayana Kocherlakota enjoys rap music, Jack White, and American football.