Alan Krueger, a groundbreaking Princeton University economist who served as a top adviser in two Democratic administrations and was an authority on the labor market, has died after taking his own life, his family said.
‘It is with tremendous sadness we share that Professor Alan B. Krueger, beloved husband, father, son, brother, and Princeton professor of economics took his own life over the weekend,’ a statement from his family reads. ‘
The family requests the time and space to grieve and remember him.’
Krueger, 58, devoted much of his research to the job market and, in particular, to the impact of a minimum wage,Mailonline reports.
After serving as a Labor Department economist under President Bill Clinton, Krueger worked for President Barack Obama as a top Treasury official and then as chairman of the Council of Economic Advisers from 2011 to 2013.
In a statement, Obama said:
‘He had a perpetual smile and a gentle spirit – even when he was correcting you. That’s what made him Alan a fundamentally good and decent man.’