Economist Jeffrey A. Frankel will join the Kennedy School of Government (KSG) on July 1 as a professor of international finance ‹ the James W. Harpel Professor of Capital Formation and Growth.

"Our understanding of the complexities of international financial markets has been greatly advanced by Jeffrey Frankel," Dean Joseph S. Nye Jr. said. "He belongs to that small group of academics who combine superlative academic scholarship with public service at the highest levels."

"I am very much looking forward to joining the KSG faculty," Frankel said. "Joe Nye is doing great things, and I am particularly glad to be part of an expansion of international studies."

For two and a half years, Frankel served as a member of President Clinton's Council of Economic Advisers where his responsibilities included international economics, macroeconomics, and the environment. He currently occupies the New Century Chair at the Brookings Institution. He is also affiliated with the National Bureau of Economic Research.

Before moving to Washington, D.C., Frankel was professor of economics at the University of California, Berkeley, having joined the faculty in 1979. He served at the Council of Economic Advisers from 1983 to 1984, as senior staff economist. In 1988 and 1989, he was a visiting professor of public policy at the Kennedy School. He has frequently been a visiting scholar or fellow at the Institute for International Economics, the International Monetary Fund, and the Federal Reserve Board, all in Washington, D.C. He has also had appointments at the University of Michigan, Yale University, the World Bank, and the Federal Reserve Bank of San Francisco.

Frankel graduated from Swarthmore College in 1974, and received his economics Ph.D. from the Massachusetts Institute of Technology in 1978. Recent books include Regional Trading Blocs (1997) and World Trade and Payments (8th ed., 1999).

Jeff Frankel is married to Jessica Stern, a fellow at the Council on Foreign Relations. In 1994-95, she was a director for Russian Affairs at the National Security Council. Stern was the model for the Nicole Kidman character in the 1997 movie The Peacemaker. She will become a senior fellow and adjunct lecturer at the Kennedy School's Belfer Center for Science and International Affairs.