Pavlina R. Tcherneva is an associate professor of economics at Bard College. She specializes in Modern Monetary Theory (MMT) and public policy. She previously taught at Franklin and Marshall College and the University of Missouri–Kansas City. During 2000–6, she served as the associate director for economic analysis at the Center for Full Employment and Price Stability, where she remains a senior research associate. In the summer of 2006, she was a visiting scholar at the University of Cambridge Centre for Economic and Public Policy, and since July 2007 she has been a research associate at the Levy Economics Institute.
Tcherneva’s book, The Case for a Job Guarantee (Polity, 2020), is a timely guide to the benefits of one of the most transformative public policies being discussed today. She has collaborated with policymakers from the United States and abroad on designing and evaluating employment programs. Her early work assessed Argentina’s adoption of a large-scale job creation proposal she had developed with colleagues in the United States. She also worked with Bernie Sanders’ 2016 presidential campaign after her research on inequality garnered national attention.
Her research focuses on monetary and fiscal policies under sovereign currency regimes and the macroeconomic effects of alternative stabilization programs, including the American Recovery and Reinvestment Act (ARRA) and the Federal Reserve’s policy responses during the Great Recession. Her research has appeared in the Review of Social Economy, Journal of Post Keynesian Economics, International Journal of Political Economy, Revista de Economía Crítica, and Rutgers Journal of Law and Urban Policy, among other publications.
She is the coeditor of Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey (Edward Elgar, 2004), a rare collection of writings on employment and inflation by the Nobel Prize–winning economist, adapted for the modern day. In 2012, Tcherneva received the Association for Social Economics’ Helen Potter Prize for the best paper in the Review of Social Economy.

Tcherneva is a two-time grantee from the Institute for New Economic Thinking for her work on rethinking fiscal policy, job creation, and public goods provisioning. She holds a BA in mathematics and economics from Gettysburg College and an MA and a Ph.D. in economics from the University of Missouri–Kansas City.


Photo: Tcherneva
Pavlina R. Tcherneva
Research Associate
Levy Economics Institute of Bard College
Annandale-on-Hudson, NY 12504-5000
Fax: 845-758-1149
E-mail: [email protected]