Pavlina R. Tcherneva

Pavlina R. Tcherneva is an American economist, of Bulgarian descent, working as associate professor of economics at Bard College. She is President of the Levy Economics Institute and expert at the Institute for New Economic Thinking.

Education Tcherneva studied economics and mathematics at Gettysburg College, Pennsylvania, obtaining her B.A. with honors in both, in 1997. She obtained her Master's degree in Economics at the University of Missouri-Kansas City, in 2004, where she also defended her Economics and Social Science Ph.D. dissertation in 2008.

Tcherneva's work is on macroeconomics issues, where she is conducting research in the field of fiscal policy, with a focus on full employment. She is a notable proponent of modern monetary theory and the notion of a job guarantee. Her research on monetary and fiscal policies, specifically under sovereign currency regimes and the macroeconomic effects of alternative stabilization programs, including both the Reinvestment Act (ARRA) and responses from the Federal Reserve's policy during the Great Recession have appeared in the Review of Social Economy, Journal of Post Keynesian Economics, and International Journal of Political Economy, in addition to other publications. She has also collaborated with policymakers from various countries, including the United States, on developing job-creation programs.

Selected works Forstater, Mathew & Tcherneva, P. (editors) Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey, Elgar, 2004, Tcherneva, Pavlina. "Chartalism and the tax-driven approach" in Philip Arestis & Malcolm C. Sawyer, A handbook of alternative monetary economics. Cheltenham: Edward Elgar, 2006 Tcherneva, Pavlina. "The Nature, Origins, and Role of Money: Broad and Specific Propositions and Their Implications for Policy" Center for Full Employment and Price Stability, University of Missouri-Kansas City, July 2005