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Biography of N. Gregory - Economist
 

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N. Gregory
 
 
N
Nicholas Gregory Mankiw (born February 3, 1958) is
a macroeconomics|macroeconomist. In 2003, he
became the chairman of George W. Bush|President
Bush's Council of Economic Advisors.  

Mankiw was born in Trenton, New Jersey.  He
received his high school diploma from The Pingry
School in 1976.  Graduating from Princeton
University summa cum laude in 1980 with an A.B. in
Economics, he worked as an staff economist for the
Council of Economic Advisers from 1982-83,
foreshadowing his later position as chairman of
that organization.  After leaving the Council, he
earned his Ph.D. in Economics from the
Massachusetts Institute of Technology in 1984.  He
taught at MIT for a year and then became an
assistant professor of Economics at Harvard
University in 1985 and full professor in 1987.  He
returned to politics when he was appointed
Chairman of the Council of Economic Advisors in
May 2003.  He has since returned to teaching at
Harvard, taking over the introductory economics
course taught for many years by Martin Feldstein.

He has also written two popular college-level
textbooks, Principles of Economics and
Macroeconomics.  Together, one million copies of
the books have been sold in seventeen languages.

Before working at the CEA, he was regarded as a
moderate-to-liberal New Keynesian economics|New
Keynesian economist.  He did important work on
menu costs, which are a source of price
stickiness, one of the fundamental tenets of
Keynesian economics.  However, his advocacy of tax
cuts while at the CEA led some other economists,
such as Paul Krugman and J. Bradford DeLong, to
criticize him as in thrall to Bush administration
policies.  In 1989, he wrote a paper arguing that
the aging of the baby boomers was going to
undermine the housing market in the 1990's and
2000's.

==Important Works==
* Journal reference | Title=Small Menu Costs and
Large Business Cycles: A Macroeconomic Model of
Monopoly | Author=N. Gregory Mankiw |
Journal=Quarterly Journal of Economics |
Volume=100 | Year=May 1985 | Pages=529-537
* Journal reference | Title=A Contribution to the
Empirics of Economic Growth | Author=N. Gregory
Mankiw, David Romer, and David Weil |
Journal=Quarterly Journal of Economics |
Volume=107 | Year=May 1992 | Pages=407-437

==External Links==
*
http://post.economics.harvard.edu/faculty/mankiw/m
ankiw.html Mankiw's page at Harvard University
* http://www.whitehouse.gov/cea/mankiwbio.html
Offical White House Biography (almost identical to
the Harvard biography)
*
http://phoenix.liu.edu/~uroy/Mankiw/Mankiw-CEA3.ht
m "Into the Politics of Economics" New York Times
article




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