Andrei Shleifer

AAA

DEFINITION of 'Andrei Shleifer'

A Harvard University financial and behavioral economist and winner of the John Bates Clark Medal, given to top economists under age 40. Shleifer is frequently in the top rankings of economics authors according to criteria such as the number of published works, number of citations and number of journal pages.

INVESTOPEDIA EXPLAINS 'Andrei Shleifer'

Shleifer was born in Russia in 1961. In 1991 he took an advisory role with the Russian government, helping to lead the country's economic reform after the collapse of the Soviet Union. At the same time, Harvard was employed by the U.S. government to advise the Russian government. Shleifer's involvement with both Harvard and the Russian government culminated in a conflict of interest scandal whereby he had to pay fines and lost his honorary title at Harvard, though he retained his tenure.

RELATED TERMS
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects ...
  2. John Bates Clark Medal

    An award issued to an American economist under the age of 40 ...
  3. Nakahara Prize

    An award issued to a Japanese economist under the age of 45 who ...
  4. Economist

    An expert who studies the relationship between a society's resources ...
  5. Macroeconomics

    The field of economics that studies the behavior of the aggregate ...
  6. Microeconomics

    The branch of economics that analyzes the market behavior of ...
Related Articles
  1. The Austrian School Of Economics
    Economics

    The Austrian School Of Economics

  2. The Uncertainty Of Economics: Exploring ...
    Economics

    The Uncertainty Of Economics: Exploring ...

  3. How Influential Economists Changed Our ...
    Fundamental Analysis

    How Influential Economists Changed Our ...

  4. Can Keynesian Economics Reduce Boom-Bust ...
    Bonds & Fixed Income

    Can Keynesian Economics Reduce Boom-Bust ...

comments powered by Disqus
Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  3. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  4. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  5. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  6. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
Trading Center