Donald Kohn

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Definition of 'Donald Kohn'

Donald Kohn is an American economist who served as a member and Vice Chairman of the Board of Governors of the Federal Reserve System in the United States from 2002 to 2010. He joined the Federal Reserve in 1970 and held a number of positions over the years, including Director of the Division of Monetary Affairs and Adviser to the Board for Monetary Policy.

Kohn is widely regarded as an expert on monetary policy and has played a key role in shaping the Federal Reserve's response to a number of economic challenges, including the 2008 financial crisis and the recession that followed. He has also been a strong advocate for the importance of central bank independence and the need for clear communication of monetary policy decisions.

In addition to his work at the Federal Reserve, Kohn has also held academic positions at several universities, including the University of Michigan and the Stanford Graduate School of Business. He has authored numerous articles and books on monetary policy, financial regulation, and macroeconomics. Kohn is currently a Senior Fellow at the Brookings Institution, where he conducts research on financial regulation and monetary policy.

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