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Hubbard cautioned that although the economic recovery was well underway, the unemployment rate would take a while to come down. Asked about the policy challenges going forward, Hubbard said that 麻豆精品 S減roductivity growth remains the clear policy objective for the U.S. economy 麻豆精品 S� and called for greater transparency in the financial system and ending the notion of 麻豆精品 S渢oo big to fail. 麻豆精品 S�
Hubbard served as chairman of the White House Council of Economic Advisors from 2001 麻豆精品 S�2003 and was a deputy assistant secretary of the U.S. Treasury Department from 1991 麻豆精品 S�1993. He is currently the Russell L. Carson Professor of Finance and Economics at Columbia, a research associate of the National Bureau of Economic Research, and a co-chair of the nonpartisan Committee on Capital Markets Regulation. He received his Ph.D. in Economics from Harvard University in 1983 and he graduated summa cum laude from the University of Central Florida in 1979 with BA and BS degrees in Economics.