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Ralph Aubrey Young

economist.

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