Then in 2004, the Bay Area resident — her Jewish husband and fellow economist George Akerlof taught at the University of California, Berkeley — became president of the Fed’s San Francisco ...

These developments might have upset George Stigler but not his namesake, George Akerlof, a 2001 economics Nobel laureate. He says it has long been his “dream” to have a macroeconomics grounded in the ...

George Akerlof was awarded the Nobel Prize in Economic Sciences in 2001, jointly with A Michael Spence and Joseph Stiglitz, for their analyses of markets with asymmetric information. The award came ...

Georgetown University economist George Akerlof contributed to the development of the field of behavioral economics when he developed an understanding of efficiency wages as a sort of gift exchange.

George Akerlof, “The Economics of Caste and of the Rat Race and Other Woeful Tales,” The Quarterly Journal of Economics 90 (4) (1976): 599–617; James B. Rebitzer and Lowell J. Taylor, “Do Labor ...