Pavlina R. Tcherneva is a Research Scholar at the Global Institute for Sustainable Prosperity associate professor of economics at Bard College. She previously taught at Franklin and Marshall College and the University of Missouri-Kansas City. During 2000-2006, Tcherneva served as the associate director for economic analysis at the Center for Full Employment and Price Stability, where she remains a senior research associate. During Summer 2006, she was a visiting scholar at the University of Cambridge Centre for Economic and Public Policy, U.K., and since July 2007, she has been a research scholar at the Levy Economics Institute.
Tcherneva conducts research in the fields of modern monetary theory and public policy and has consulted policymakers from Argentina, Bulgaria, China, Turkey, and the United States on developing and evaluating various job creation programs. Her research looks at the nexus between monetary and fiscal policies under sovereign currency regimes and the macroeconomic merits of alternative stabilization programs. In her recent work she has offered a reinterpretation of Keynes’s approach to full employment and is currently working on the impact of alternative fiscal policies on unemployment, income distribution, and public goods provisioning. She has also examined the role, nature, and relative effectiveness of Federal Reserve Chairman Bernanke’s alternative monetary policies and President Obama’s American Recovery and Reinvestment Act during the Great Recession.
Tcherneva is a two-time recipient of a grant from the Institute for New Economic Thinking for a project that rethinks the nature and role of fiscal policy in securing full employment over the long run. Her research has appeared in the Review of Social Economy, Journal of Post Keynesian Economics, International Journal of Political Economy, Rutgers Journal of Law and Urban Policy, and other journals. She is the co-editor of Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey (Elgar 2004), a collection of lesser known works by the late Nobel Prize-winning economist. She holds a B.A. in mathematics and economics (honors, Phi Beta Kappa) from Gettysburg College and an M.A. and Ph.D. in economics from the University of Missouri-Kansas City.
