معرفی
Andrew B. Abel is the Ronald A. Rosenfeld Professor at The Wharton School of the University of Pennsylvania, where he has been a faculty member since 1986. He holds joint appointments in the Department of Finance and the Department of Economics.
Education
- PhD in Economics, Massachusetts Institute of Technology, 1978
- AB in Economics, Princeton University, 1974
Abel's research focuses on asset pricing, macroeconomics, and financial constraints in investment decisions. His work bridges theoretical models with empirical validation, particularly examining measurement error effects in financial regressions and the dynamics of Tobin's Q.
Scientific Contributions
- Proposed novel frameworks for investment under financial constraints
- Developed multivariate measurement error analysis for regressions
- Reconciled empirical findings with theoretical predictions in Ricardian economies
Awards & Honors
- Fellow, Econometric Society (1991)
- John Kenneth Galbraith Award (1984)
- Distinguished Fellow, Macro Finance Society (1970)
- MBA Core Curriculum Cluster Award (1996-97)
As a Research Associate at the National Bureau of Economic Research since 1983, Abel has significantly influenced macroeconomic policy analysis through his work on Social Security, Congressional Budget Office modeling, and Federal Reserve collaborations.
