Word: jorgensons
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Morris University Professor Dale W. Jorgenson, who taught Bernanke as an undergraduate, stressed that many economists at the Federal Reserve have to sign on to such a decision before it is enacted, but he said “there is definitely going to be a move in that direction...
...Bernanke has] been taking steps already to prepare the way,” Jorgenson said. “He’s given a lot of speeches...
...Jorgenson said he expected Bernanke to be more open about discussing the economy than Greenspan has been during his 18-year tenure...
...Greenspan is much less transparent than Bernanke,” said Jorgenson. “When [Bernanke] gets in front of a microphone, he is very clear about the outlook for the economy...
...Jorgenson advised Bernanke’s undergraduate thesis, “An Integrated Model for Energy Policy,” which won the Allyn A. Young Prize for the best Harvard undergraduate economics thesis...