WASHINGTON (AP) — As the Federal Reserve’s new leader, Janet Yellen won’t have to go far to bounce ideas off a fellow economist. The kitchen table will do just fine.
Yellen is the first Fed leader in the central bank’s 100 years to be married to an equally renowned economist — a Nobel laureate, no less. In 35 years of marriage, Yellen and George Akerlof have partnered on groundbreaking research on everything from the collapse of East Germany to out-of-wedlock births to the way generous pay for a baby sitter shows how wages motivate workers.
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