Andrew Abel  Andrew Bruce Abel (born December 3, 1952) is an American economist, a professor in the Department of Finance in The Wharton School of the University of Pennsylvania. Abel was born on December 3, 1952. He has been named the Ronald A. Rosenfeld Professor since July 1, 2003 and the Professor of the Department of Finance in The Wharton School of the University of Pennsylvania. He received a PhD at the Massachusetts Institute of Technology (M.I.T.) in 1978 and BA, at Princeton University in 1974. Abel is a research associate at the National Bureau of Economic Research, a member of the advisory committee at the Carnegie-Rochester Conference Series, the Panel of Economic Advisors and the Long-Term Modeling Group of the Congressional Budget Office, and a visiting scholar at the Federal Reserve Bank of Philadelphia. He was a former faculty for economics at the University of Chicago and Harvard University. He also has been a visiting faculty member for economics departments at the Hebrew University of Jerusalem and Tel-Aviv University. He has written an intermediate-level macroeconomics textbook coauthored with Ben Bernanke (and also Dean Croushore in later editions).