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The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Alan Krueger, Bendheim Professor of Economics and Public Affairs at Princeton University, as the MAS Term Professor in Economics and Finance from 23 to 29 May 2016. Professor Krueger will be hosted by the NUS Business School during the term of the Professorship.
Professor Krueger is a renowned economist and prolific researcher, who has published widely in many areas including the economics of education, terrorism, unemployment, labour demand, income distribution, social insurance, labour market regulation and environmental economics, and has authored books such as Myth and Measurement: The New Economics of the Minimum Wage, as well as Inequality in America: What Role for Human Capital Policies?
He has also served in various capacities in the public sector. Notably, he was the Chairman of President Barack Obama’s Council of Economic Advisers, as well as a Member of his Cabinet from 2011 to 2013. He was previously Assistant Secretary for Economic Policy and Chief Economist of the U.S. Department of the Treasury from 2009 to 2010, and Chief Economist of the U.S. Department of Labour from 1994 to 1995.
As the MAS Term Professor, Professor Krueger will be speaking at a forum based on his latest book, What Makes a Terrorist: Economics and the Roots of Terrorism, on the psychological motivation and the economics of terrorism, at the NUS Shaw Foundation Alumni House on 25 May 2016.
During the term of his appointment, he will also meet with NUS faculty members, advise students on their research, and engage senior policymakers and economists at MAS on macroeconomic issues.
At the Asian Bureau of Finance and Economic Research (ABFER) Annual Conference, Professor Krueger will participate in the Industry Panel and Roundtable discussing “Growth in the Face of Headwinds: What to Do?”. He will also be attending the 3rd Asian Monetary Policy Forum (AMPF), which aims to bring together high-level central bankers, academics and private sector analysts to share perspectives on pressing monetary policy issues in Asia. The ABFER Annual Conference will be held from 23 to 26 May 2016 at The Shangri-La Hotel, Singapore, followed by the AMPF which will take place from 26 to 27 May 2016 at the same venue.
“We are honoured to welcome Professor Krueger to NUS Business School. Professor Krueger is a world-class academic and a globally-renowned policy adviser, who has demonstrated how economics can have a wide impact on our lives. The appointment of Professor Krueger will certainly contribute towards the advancement of knowledge at the School,” said Professor Bernard Yeung, Dean and Stephen Riady Distinguished Professor at NUS Business School.
Mr Edward Robinson, Assistant Managing Director (Economic Policy) and Chief Economist at MAS, said, “Professor Krueger is a highly regarded economist who has published extensively on labour economics, income inequality and education. In addition to shaping policymakers’ understanding of these issues, he has made direct and substantial contributions to U.S. public policy. It is a great opportunity and privilege for us to engage such an internationally recognised economist as the MAS Term Professor and we look forward to learning from him.”
First established in 2009, the MAS Term Professorship in Economics and Finance is awarded to distinguished scholars, who are appointed as Visiting Professors at both the NUS Business School and the Department of Economics at the NUS Faculty of Arts and Social Sciences. It aims to strengthen Singapore’s financial and economics research infrastructure and contribute to a vibrant research community and culture at local universities.
The MAS Term Professorship in Economics and Finance has been awarded to 13 distinguished scholars over the last seven years.
