Professor Narayana Kocherlakota of the University of Minnesota has been selected as the next president of the Minneapolis Fed.
But what you probably didn't know is that Narayana was my professor at the University of Iowa back in my grad school days. He taught the second semester, first year macro course. It was a great course--very challenging. He also kept the department seminars pretty lively, as he has a very critical eye. If you've overlooked something in your model, chances are pretty good he'll spot it. As soon as I got to know him I admired his dedication and work ethic, not to mention his vast knowledge of economics. In 1995, the Ph.D. students at Iowa voted to give him the Professional Excellence in Training Economists Award. (This was at the end of my first year.) The award is given to those faculty who really earn the respect and admiration of the students. It's not taken lightly. I couldn't have agreed more with the award, and I am extremely happy to see him take on this next challenge.
Congratulations, Narayana!
But what you probably didn't know is that Narayana was my professor at the University of Iowa back in my grad school days. He taught the second semester, first year macro course. It was a great course--very challenging. He also kept the department seminars pretty lively, as he has a very critical eye. If you've overlooked something in your model, chances are pretty good he'll spot it. As soon as I got to know him I admired his dedication and work ethic, not to mention his vast knowledge of economics. In 1995, the Ph.D. students at Iowa voted to give him the Professional Excellence in Training Economists Award. (This was at the end of my first year.) The award is given to those faculty who really earn the respect and admiration of the students. It's not taken lightly. I couldn't have agreed more with the award, and I am extremely happy to see him take on this next challenge.
Congratulations, Narayana!
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