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Five things you didn't known about Janet Yellen
Surprisingly little is known about the new Fed chair Janet Yellen, that is why we’ve uncovered five facts that few know about this historic woman.
1. Yellen owns a stamp collection worth up to $50,000 dollars.
2. Aged 57 she ran a half-marathon in three hours and two minutes.
3. Hiring a babysitter inspired her “efficiency wage” model of unemployment, suggesting that paying employees too little undermines productivity and morale.
4. Yellen’s class notes from Yale have been used as references in student’s research papers.
5. Larry Summers, who competed against Yellen for the title of Fed chair, was one of her students when she taught as an Assistant Professor at Harvard.
And, there you have it, five little known facts about the new Fed chair.
01:18 minutes
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