Charles Plosser
Charles Irving Plosser (/ˈplɑːsər/; born September 19, 1948) is a former president of the Federal Reserve Bank of Philadelphia who served from August 1, 2006, to March 1, 2015. An academic macroeconomist, he is well known for his work on real business cycles, a term which he and John B. Long, Jr. coined. Specifically, he wrote along with Charles R. Nelson in 1982 an influential work entitled "Trends and Random Walks in Macroeconomic Time Series" in which they dealt with the hypothesis of permanent shocks affecting the aggregate product (GDP).
Charles I Plosser | |
|---|---|
| 11th President of the Federal Reserve Bank of Philadelphia | |
| In office August 1, 2006 – March 1, 2015 | |
| Preceded by | Anthony Santomero |
| Succeeded by | Patrick T. Harker |
| Personal details | |
| Born | September 19, 1948 Birmingham, Alabama, U.S. |
| Education | Vanderbilt University (BS) University of Chicago (MBA, PhD) |
| Academic career | |
| Institution | University of Rochester |
| Field | Macroeconomics |
| Doctoral advisor | Arnold Zellner |
| Other notable students | Robert Lucas Jr. Edward C. Prescott Thomas Sargent |
| Contributions | Real business-cycle theory |
| Information at IDEAS / RePEc | |
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