Traffic jam:   0


Vice Chair of the Federal Reserve

Organization: Federal Reserve Board (Fed)

Date of Birth: 18 May 1957

Age: 66 years old

Zodiac sign: Taurus

Profession: Vice-Chairperson



Richard Harris Clarida is an American economist and Vice Chair of the Federal Reserve. He is the C. Lowell Harriss Professor of Economics and International Affairs at Columbia University and, until September 2018, Global Strategic Advisor for PIMCO. He is notable for his contributions to dynamic stochastic general equilibrium theory and international monetary economics. He is a former Assistant Secretary of the Treasury for Economic Policy and is a recipient of the Treasury Medal.


Clarida received his Bachelor of Science degree in economics from the University of Illinois with Bronze Tablet honors, and his Master of Arts and Doctor of Philosophy degrees from Harvard University. In October 2018 he received the College of Liberal Arts and Sciences Alumni Achievement Award from the University of Illinois.

Academic career and research contributions

Since 1988, Clarida has taught in the economics and international affairs programs at Columbia University, where he is the C. Lowell Harriss Professor of Economics. From 1997 until 2001, Clarida served as chairman of the Department of Economics at Columbia University. Earlier in his career, he had been a member of the Cowles Foundation at Yale University.

Clarida's research centers on dynamic stochastic general equilibrium modeling, a branch of applied general equilibrium theory that is influential in contemporary macroeconomics optimal monetary policy, especially through the lens of time series analysis. His studies with Jordi Galí and Mark Gertler suggest that monetary policy in many countries today resembles a forward looking Taylor rule, whereas the policy makers of the 1970s failed to follow such a forward looking Taylor rule.

Clarida has published numerous frequently cited articles in leading academic journals on monetary policy, exchange rates, interest rates, and international capital flows. He is frequently invited to present his research to the world's leading central banks, including the Federal Reserve, the ECB, the Bank of England, and the Bank of Japan. He has written on the monetary policy implications of the low-inflation period created by the 2008 financial crisis. He also introduced in 2014 the concept of a “new neutral” for Fed monetary policy which predicted a substantial decline in r*, the interest rate consistent with full employment and stable inflation. Whereas before the crisis r* was thought to be above 4 percent, Clarida wrote in 2014 that r* was now closer to 2 percent than to 4 percent.

Rating GlobalNY.biz

Takes place
Takes place
Takes place
In rating

Mentioned together

46th President of the United States
1 place
6th Chair of the Federal Reserve
2 place
Vice Chair of the Senate Democratic Caucus
3 place
Chair of the Federal Trade Commission
4 place
Director of the Consumer Financial Protection Bureau
5 place


6th Chair of the Federal Reserve
1 place
member of the Federal Reserve Board of Governors
2 place
Second vice chair of the Federal Reserve
3 place
Memer of the Federal Reserve Board
4 place
Governor on the Federal Reserve Board (Fed)
5 place
President of the Federal Reserve Bank of Boston
6 place
President of the Federal Reserve Bank of Richmond
7 place

Born in one day

Date of Birth: 18.05.1957. Age: 66. Zodiac sign: Taurus (Rooster) .
Horoscope Taurus: horoscope for today, horoscope for tomorrow, horoscope for week, horoscope for month, horoscope for year.
Days left until next birthday: 81 Days.
Founder of Stuart Weitzman
1 place
American actress
2 place


Profile statistic

Companies rating
National Football League (NFL)
40 Persons
National Basketball Association (NBA)
24 Persons
Major League Baseball (MLB)
24 Persons
Morgan Stanley
20 Persons
Ultimate Fighting Championship (UFC)
20 Persons
19 Persons
United States House of Representatives
17 Persons
White House
16 Persons
15 Persons
Foot Locker
14 Persons
GlobalNY.biz pays special attention to the activities of famous people: politicians, officials, businessmen, bankers, cultural and sports figures. Their opinion largely determines the development of political, social and economic life in New York. The section is constantly edited by our journalists for the relevance of information. Here you can find information about CEOs and presidents of top New York companies, officials and public figures who play a key role in the development of the region.
The goal of the project is to create a comfortable information space for all market actors, as well as to acquaint the readership with business people in New York.
We have created an impressive database of people in New York, which contains information about a career path, education and other important information about a person.
Thanks to automatic counting of the number of mentions of a person in the news sections " New York News ”and“ New York Press Releases ”on the portal the rating of popularity and influence of persons is formed. The GlobalNY.biz team monitors rating changes and rewards project participants for their success. In general, the rating of participants is based on an in-depth analysis of the activity of PR services of famous people, and also reflects the qualitative state of the information field formed by the media and press services around the organization.
Business People of New York is a project about people who, through their ideas, words and deeds, have a great influence on the development and prosperity of New York.
Alena Potapova

Development Director
Died this year
Born this year