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Ralph Aubrey Young

Ralph Aubrey Young, American economist. Member research advisory board Committee for Economics Development, 1944-1956, associate; member, 1956-1966; member board National Academy Economics and Political Science, 1954-1960; member Conference Business Economists; Fellow Center for Advanced Study, Wesleyan University, 1968.; Fellow American Statistical Association; member Beta Gamma Sigma, Phi Gamma Delta. Methodist; Club: Cosmos (Washington).

Background

  • Young, Ralph Aubrey was born on June 12, 1901 in Cheyenne, Wyoming, United States. Son of Benjamin and Virginia (Crawford) Young.

  • Education

    • Bachelor of Arts, Ohio Wesleyan University, 1923, Doctor of Laws, 1969. Master of Business Administration, Northwestern University, 1925. Doctor of Philosophy, University Pennsylvania, 1930.

    Career

    • Instructor University of Pennsylvania, 1925-1928. Research staff National Industrial Conference Board, 1928-1929, 32-34. Special business analyst Department of Commerce, 1929-1930.

      Social Science Research Council fellow, 1930-1931. Assistant professor of University Pennsylvania, 1931-1937, associate professor, 1937-1940, professor, 1940-1945. Research staff and director financial research program, National Bureau Economics Research, 1938-1945.

      Assistant director div. research and statistics Board governments Federal Reserve System, 1946-1947, associate director, 1947-1948, director, 1948-1959, adviser to board, 1960-1966, Chairman of Commission to review regulatory activities, 1975-1976, secretary Federal Open Market Committee, 1960-1966, director board’s div. international finance, 1961-1965. Consultant div. central banking services International Monetary Fund, 1966-1976. Director Independence Square Income Securities Fund, Temporary Investment Fund.

      Trustee Trust for Short-Term Federal Securities. Director Westchester Corporation. Lecturer Geo. Washington University, 1948-1962.

    Works

    • Author numerous books on banking and finance, latest being: Monetary Instruments in the United States: Role of the Federal Reserve System.

    Membership

    Member research advisory board Committee for Economics Development, 1944-1956, associate. Member, 1956-1966; member board National Academy Economics and Political Science, 1954-1960. Member Conference Business Economists.

    Fellow Center for Advanced Study, Wesleyan University, 1968. Fellow American Statistical Association. Member Beta Gamma Sigma, Phi Gamma Delta.

    Methodist; Club: Cosmos (Washington).

    Connections

    • Married Louise Merwin, September 5, 1925. Children: Merwin Crawford, Anne Alexandra, Ralph Aubrey.
    • father: Benjamin Young
    • mother: Virginia (Crawford) Young
    • spouse: Louise Merwin
    • children: Merwin Crawford Young
    • Anne Alexandra Young
    • Ralph Aubrey Young
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    Born June 12, 1901
    Died April 2, 1980
    (aged 78)
    Nationality