Alan Krueger, a friend and a source of inspiration for the OECD

Laurence Boone, Giuseppe Nicoletti, (oecdecoscope.blog, 22 marzo 2019)


A great economist, Alan Krueger, left us and the OECD Economics Department has lost a friend and a source of inspiration. Alan, a Princeton economist and former Chairman of the US Council of Economic Advisors, strongly influenced our thinking by spearheading a more evidence-based approach to economic policy-making both in his academic writings and as the Chairman of the OECD’s Economic Policy Committee during 2012-13.

 

One area in which Alan’s academic work contributed to a rethink of the OECD’s policy advice is the minimum wage. The original OECD Jobs Strategy of 1994 stated that minimum wages often “end up damaging employment opportunities for unskilled labour”…

 

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