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Andrei Shleifer

Andrei Shleifer
Born (1961-02-20) February 20, 1961 (age 56)
Moscow, Soviet Union
Nationality Russian American
Institution Harvard University
University of Chicago
Field Behavioral finance
Law and economics
Development economics
School or
tradition
New Keynesian economics
Alma mater MIT
Harvard University
Doctoral
advisor
Peter A. Diamond
Franklin M. Fisher
Doctoral
students
Sendhil Mullainathan
Matthew Gentzkow
Influences Lawrence Summers
Milton Friedman
Influenced Rafael La Porta
Jesse Shapiro
Contributions Legal origins theory
Big push model
Awards John Bates Clark Medal (1999)
Information at IDEAS / RePEc

Andrei Shleifer (/ˈʃlfər/ SHLY-fər; born February 20, 1961) is a Russian American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biannual John Bates Clark Medal in 1999 for his seminal works in three fields: corporate finance (corporate governance, law and finance), the economics of financial markets (deviations from efficient markets), and the economics of transition.

IDEAS/RePEc has ranked him as the top economist in the world, and he is also listed as #1 on the list of "Most-Cited Scientists in Economics & Business". He served as project director of the Harvard Institute for International Development's Russian aid project from its inauguration in 1992 until 1997, where he and his associates made Russian investments, and settled a lawsuit from the U.S. government for such a violation of HIID's contract.

He was born to a Jewish family in the Soviet Union and emigrated to Rochester, New York, as a teenager in 1976, where he attended an inner-city school and learned English from episodes of Charlie's Angels. He then studied mathematics, obtaining his B.A. from Harvard University in 1982. Following this, he went to graduate school in economics, acquiring his Ph.D. from MIT in 1986. As a freshman at Harvard, Shleifer took Math 55 with Brad DeLong; he has said that the course made him realize he was not destined to be a mathematician, but the experience gave him a future co-author. Shleifer also met his mentor and professor, Lawrence Summers, during his undergraduate education at Harvard. The two went on to be co-authors, joint grant recipients, and faculty colleagues.


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