Jürgen Stark: Difference between revisions
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[[Image:JuergenStark01.jpg|thumb|right|200px|Dr. Juergen Stark (Source: ECB)]] |
[[Image:JuergenStark01.jpg|thumb|right|200px|Dr. Juergen Stark (Source: ECB)]] |
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'''Jürgen Stark''' (born 31 May 1948 in [[Gau-Odernheim]], [[Germany]]), is a German economist who |
'''Jürgen Stark''' (born 31 May 1948 in [[Gau-Odernheim]], [[Germany]]), is a German economist who was a Member of the [[Executive Board of the European Central Bank]] since June 2006 to September 2011. Within the Executive Board he was responsible for Economics and for Monetary Analysis. (Although he was often referred to as the "chief economist" of the ECB, strictly speaking this is not an official title). |
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Raised in [[Rhineland-Palatinate]], he studied economics at the [[Hohenheim|University of Hohenheim]] and [[Eberhard Karls University of Tübingen]]. He received a doctorate in 1975. From 1978 to 1998 he held economic policy positions in the German Federal Government. From September 1998 to May 2006 he served two consecutive terms as Vice President of the [[Bundesbank]]. |
Raised in [[Rhineland-Palatinate]], he studied economics at the [[Hohenheim|University of Hohenheim]] and [[Eberhard Karls University of Tübingen]]. He received a doctorate in 1975. From 1978 to 1998 he held economic policy positions in the German Federal Government. From September 1998 to May 2006 he served two consecutive terms as Vice President of the [[Bundesbank]]. |
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Revision as of 13:49, 9 September 2011
Jürgen Stark (born 31 May 1948 in Gau-Odernheim, Germany), is a German economist who was a Member of the Executive Board of the European Central Bank since June 2006 to September 2011. Within the Executive Board he was responsible for Economics and for Monetary Analysis. (Although he was often referred to as the "chief economist" of the ECB, strictly speaking this is not an official title).
Raised in Rhineland-Palatinate, he studied economics at the University of Hohenheim and Eberhard Karls University of Tübingen. He received a doctorate in 1975. From 1978 to 1998 he held economic policy positions in the German Federal Government. From September 1998 to May 2006 he served two consecutive terms as Vice President of the Bundesbank.
Because he comes from the Bundesbank, whose inflation fighting record the ECB is consciously trying to imitate, Stark's views carry a lot of weight both inside and outside the ECB. "Stark is the representative of a good old Bundesbank tradition," said Jörg Krämer, chief economist for HVB Group in Munich, quoted in the International Herald Tribune of December 14, 2005. Arguably, he is the second most influential member of the executive board after Jean-Claude Trichet.
Regarding the current subprime mortgage crisis Jürgen Stark said in August 2008 that "weak banks should be allowed to disappear from the market."[1]
References
- ^ "GECB's Top Economist Says Weak Banks Should be Allowed to Fail". Deutsche Welle. Retrieved 2008-08-28.
External links
- J. Stark biography at the ECB
- R. Atkins: Stark's Choices (profile of J. Stark in the FT, October 2009)
- The global financial crisis and the role of central banking, (speech by J. Stark April 2011)
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 | This article about a German economist is a stub. You can help Wikipedia by expanding it. |
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