Stanford Institute for Economic Policy Research (SIEPR)
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Senior Fellow at the Stanford Institute for Economic Policy Research and at the Precourt Institute for Energy, Emeritus
Current Research and Scholarly InterestsMy research interests are broadly in environmental economics and related areas of industrial organization and public economics. My policy-related focus within these fields is climate change and energy markets.
I currently have several projects related to uncertainty and learning in strategic contexts regarding the provision of public goods. For the most part, the application is international environmental agreements. This work is primarily theoretical, though with some empirical and experimental work to validate and illuminate theory. I also have research interests in energy economics (particularly regulation) and other dimensions of the economics of climate change.
I welcome new PhD students who wish to study with me. Typically, my students train to be environmental or resource economists, which means they receive strong training in economics. At Stanford this means successfully taking the first year PhD sequences in microeconomics (Econ 202-204) and econometrics (Econ 270-272) offered by the Department of Economics. In addition, students should take the PhD classes Economics 250 (Environmental Economics) and 251 (Resource and Energy Economics). This is a minimum and other coursework would depend on student interest and needs. Strong preparation in math is essential.
There are a number of PhD programs at Stanford that are appropriate for someone seeking training as an environmental economist. In addition to the Department of Economics, there are several other departments in which students may apply and matriculate, including the Emmet Interdisciplinary Program in Environment and Resources (E-IPER).
William Neukom Professor of Law and Senior Fellow at the Stanford Institute for Economic Policy Research
Current Research and Scholarly Interestsintellectual property, Internet, and antitrust law; law and AI/robotics
Benjamin M. Page Professor, William Wrigley Senior Fellow at the Freeman Spogli Institute, at the Woods Institute for the Environment and at the Stanford Institute for Economic Policy Research
Current Research and Scholarly InterestsWe study the interactions between food production, food security, and the environment using a range of modern tools.
Professor of Economics and Senior Fellow at the Hoover Institution and at the Stanford Institute for Economic Policy Research
BioThomas MaCurdy is a Senior Fellow at the Stanford Institute of Economic Policy Research, and he further holds appointments as a Professor of Economics and a Senior Fellow at the Hoover Institution at Stanford University. MaCurdy has published numerous articles and reports in professional journals and general-interest public policy venues, and he has served in an editorial capacity for several journals. He is a widely-recognized economist and expert in applied econometrics, who has developed and implemented a wide range of empirical approaches analyzing the impacts of policy in the areas of healthcare and social service programs. MaCurdy directs numerous projects supporting the activities and operations of the Center of Medicare and Medicaid Services (CMS), Congressional Budget Office (CBO), General Accounting Office (GAO), and Medicare Payment Advisory Commission (MedPAC), and Medicaid and CHIP Payment and Access Commission (MACPAC), and he has served as a member of several standing technical review committees for many federal and state government agencies (e.g., CBO, Census, BLS, California Health Benefits Review Program). MaCurdy currently supervises several empirical projects that support CMS regulatory policy responsible for the establishment of Healthcare Exchanges under the Affordable Care Act.
Shirley R. and Leonard W. Ely, Jr. Professor in the School of Humanities and Sciences, Professor of Economics, Senior Fellow at SIEPR and Professor, by courtesy, of Economics at the GSB and of Management Science and Engineering
BioPaul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, in the Stanford Graduate School of Business and in the Department of Management Sciences and Engineering. Born in Detroit, Michigan on April 20, 1948, he is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences and a winner of the 2008 Nemmers Prize in Economics, the 2012 BBVA Frontiers of Knowledge award, the 2017 CME-MSRI prize for Innovative Quantitative Applications, and the 2018 Carty Award for the Advancement of Science.
Milgrom is known for his work on innovative resource allocation methods, particularly in radio spectrum. He is coinventor of the simultaneous multiple round auction and the combinatorial clock auction. He also led the design team for the FCC's 2017 incentive auction, which reallocated spectrum from television broadcast to mobile broadband.
According to his BBVA Award citation: “Paul Milgrom has made seminal contributions to an unusually wide range of fields of economics including auctions, market design, contracts and incentives, industrial economics, economics of organizations, finance, and game theory.” As counted by Google Scholar, Milgrom’s books and articles have received more than 80,000 citations.
Finally, Milgrom has been a successful adviser of graduate students, winning the 2017 H&S Dean's award for Excellence in Graduate Education.
Visiting Associate Professor, Stanford Institute for Economic Policy Research (SIEPR)
BioDavid Molitor is an Associate Professor of Finance and Economics at Gies College of Business, University of Illinois at Urbana-Champaign, and a Research Associate at the National Bureau of Economic Research. Molitor’s research explores how location and the environment shape health and health care delivery in the United States. His work has been supported by the National Institutes of Health, the National Science Foundation, the Social Security Administration, J‑PAL North America, and the Robert Wood Johnson Foundation and has been published in leading academic journals including The American Economic Review, The Quarterly Journal of Economics, and The Review of Economics and Statistics. Molitor has won numerous research and teaching awards, including the Kenneth J. Arrow Award and the NIHCM Foundation Research Award. Molitor was previously a Postdoctoral Fellow at the Stanford Institute for Economic Policy Research and received his Ph.D. in Economics from MIT and his B.S. from the University of Minnesota.
Associate Professor of Economics and Senior Fellow at the Stanford Institute for Economic Policy Research
BioPersonal website: www.stanford.edu/~memorten
Anne Margaret Joseph O'Connell
Adelbert H. Sweet Professor of Law and Senior Fellow, by courtesy, at the Stanford Institute for Economic Policy Research
BioAnne Joseph O’Connell is a lawyer and social scientist whose research and teaching focuses on administrative law and the federal bureaucracy. Outside of Stanford, she is a contributor to the Center on Regulation and Markets at the Brookings Institution and an appointed senior fellow of the Administrative Conference of the United States, an independent federal agency dedicated to improving regulatory procedures. She is an elected fellow of the American Academy of Arts and Sciences and the National Academy of Public Administration, and an elected member of the American Law Institute.
O’Connell has written on a number of topics, including agency rulemaking, the selection of agency leaders, and bureaucratic organization (and reorganization). Her publications have appeared in leading law and political science journals. She has co-edited a book (with Daniel A. Farber), Research Handbook on Public Choice and Public Law, and she joined the Gellhorn and Byse’s Administrative Law casebook as a co-editor with the twelfth edition.
O’Connell’s research has received a number of awards. She is a two-time recipient of the ABA’s Scholarship Award in Administrative Law for the best article or book published in the preceding year — for her 2014 article “Bureaucracy at the Boundary” and her 2009 article “Vacant Offices: Delays in Staffing Top Agency Positions.” She is also a two-time winner of the Richard D. Cudahy Writing Competition on Regulatory and Administrative Law from the American Constitution Society—for her article “Actings” (co-winner in 2020) and for her co-authored article (with Farber) “The Lost World of Administrative Law” (2014). Her article “Political Cycles of Rulemaking” was the top paper selected for the Association of American Law Schools’ 2007-2008 Scholarly Papers Competition for untenured faculty members. In addition, her research has been cited by Congress, the Supreme Court, the D.C. Circuit, and the Ninth Circuit, and has been featured in the Washington Post and other national media.
At Stanford Law School, O’Connell teaches administrative law, advanced administrative law, and constitutional law. The class of 2020 chose her to receive the Hurlbut Award, which is given to one professor “who strives to make teaching an art.” She currently co-chairs the school’s efforts to improve teaching and classroom climate and serves on the steering committee for Stanford University’s Faculty Women’s Forum. Prior to joining Stanford University in 2018, O’Connell was the George Johnson Professor of Law at the University of California, Berkeley. While there, she received the Distinguished Teaching Award (the campus’s most prestigious honor for teaching) in 2016 and Berkeley Law’s Rutter Award for Teaching Distinction in 2012. From April 2013 to July 2015, she served as associate dean for faculty development and research, under three different deans. In 2013-2014, O’Connell was co-president of the Society for Empirical Legal Studies (co-organizing the 2014 Conference on Empirical Legal Studies).
Before joining the Berkeley Law faculty in 2004, O’Connell clerked for Justice Ruth Bader Ginsburg during the Supreme Court’s October 2003 term. From 2001 to 2003, she was a trial attorney for the Department of Justice’s Federal Programs Branch where she received special commendation for her work. She clerked for Judge Stephen F. Williams of the U.S. Court of Appeals for the D.C. Circuit from 2000 to 2001. A Truman Scholar, O’Connell worked for a number of federal agencies in earlier years, including the Department of Defense (General Counsel and Inspector General), Federal Trade Commission (Bureau of Competition), Department of Justice (Office of Legal Counsel), and U.S. Army (RDE). She is a member of the New York bar and served as a volunteer for the Biden-Harris Campaign’s policy team.
Professor of Economics and Senior Fellow at the Stanford Institute for Economic Policy Research
BioLuigi Pistaferri is a Professor of Economics at Stanford University, a research fellow of NBER, CEPR and IZA, the "Ralph Landau" Senior Fellow at SIEPR, and one of the co-editors of the American Economic Review. His papers are on the intersection between labor economics and macroeconomics. Pistaferri holds a PhD in Economics from University College, London, and a Doctorate in Economic Sciences from IUN in Naples (Italy), where he was born in 1968. Pistaferri joined Stanford University in 1999 after finishing his PhD and has been a member of the faculty ever since, with the exception of one year sabbatical spent at EIEF in Rome.
Professor of Poverty and Inequality in Education, Senior Fellow at the Stanford Institute for Economic Policy Research and Professor, by courtesy, of Sociology
Current Research and Scholarly InterestsThe causes and patterns of racial/ethnic and socioeconomic achievement disparities;
The effects of school integration policies on segregation patterns and educational outcomes;
Income inequality and its educational and social consequences.
Professor of Political Science, Senior Fellow at the Hoover Institution and at the Stanford Institute for Economic Policy Research
BioJonathan Rodden is a professor in the political science department at Stanford who works on the comparative political economy of institutions. He has written several articles and three books on federalism and fiscal decentralization. One of those books, "Hamilton’s Paradox: The Promise and Peril of Fiscal Federalism," was the recipient of the Gregory Luebbert Prize for the best book in comparative politics in 2007. He works with institutions including the World Bank, International Monetary Fund, USAID, and the European Parliament on issues related to fiscal decentralization and federalism.
He has also written papers on the geographic distribution of political preferences within countries, legislative bargaining, the distribution of budgetary transfers across regions, and the historical origins of political institutions. He has written a series of papers applying tools from mathematics and computer science to questions about redistricting, culminating in a 2019 book called "Why Cities Lose: The Deep Roots of the Urban-Rural Political Divide" (Basic Books). Rodden has also embarked on an inter-disciplinary collaborative project focused on handgun acquisition.
Rodden received his PhD from Yale University and his BA from the University of Michigan, and was a Fulbright student at the University of Leipzig, Germany. Before joining the Stanford faculty in 2007, he was the Ford Associate Professor of Political Science at the Massachusetts Institute of Technology.
Director of the Spatial Social Science Lab at Stanford
Associate Professor of Health Policy, Senior Fellow at the Stanford Institute for Economic Policy Research and Associate Professor, by courtesy, of Economics
Current Research and Scholarly InterestsHealth and public economics; public policy; families; health disparities
Gordon Cain Senior Fellow at the Stanford Institute for Economic Policy Research
BioGreg Rosston is Director of the Public Policy program at Stanford University, the Gordon Cain Senior Fellow at the Stanford Institute for Economic Policy Research, and Professor of Economics (by courtesy). He teaches Economics and Public Policy courses on competition policy and strategy, economic policy analysis, and writing and rhetoric.
Dr. Rosston served as Deputy Chief Economist at the Federal Communications Commission working on the implementation of the Telecommunications Act of 1996 and the design and implementation of the first ever spectrum auctions in the United States. In 2011, he was Senior Economist for Transactions for the Federal Communications Commission for the proposed AT&T – T-Mobile transaction. He served as a member and co-chair of the Department of Commerce Spectrum Management Advisory Committee.
Dr. Rosston received his Ph.D. in Economics from Stanford University and his A.B. with Honors from the University of California at Berkeley. Dr. Rosston has written extensively on the application of economics to telecommunications and competition issues. He has advised companies and governments regarding auctions and served as a consultant to various organizations including the World Bank and the Federal Communications Commission, and as a board member and advisor to high technology, financial, and startup companies. He serves as Vice Chair of the Board of the Stanford Federal Credit Union, as a Board member of the Nepal Youth Foundation and as an Advisory Board member of Sustainable Conservation and the Technology Policy Institute.
Helen C. Farnsworth Professor of International Agricultural Policy and Senior Fellow at the Stanford Institute for Economic Policy Research
Current Research and Scholarly InterestsThemes related to China, especially agricultural policy, the emergence and evolution of markets and other economic institutions, and the economics of poverty and inequality.
Professor of Management Science & Engineering, Senior Fellow at the Stanford Institute for Economic Policy Research, at the Precourt Institute for Energy and, by courtesy, at the Hoover Institution
Current Research and Scholarly InterestsDeterminants of energy efficiency opportunities, barriers, and policy options. Emphasis on behavioral issues, including personal, corporate, or organizational. Behavior may be motivated by economic incentives, social, or cultural factors, or more generally, by a combination of these factors. Systems analysis questions of energy use.
Mary and Robert Raymond Professor, George P. Shultz Senior Fellow of Economics at the Hoover Institution and Senior Fellow at the Stanford Institute for Economic Policy Research
BioJohn B. Taylor is the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution. He is Director of the Stanford Introductory Economics Center. He formerly served as director of the Stanford Institute for Economic Policy Research, where he is now a senior fellow.
Taylor’s academic fields of expertise are macroeconomics, monetary economics, and international economics. He is known for his research on the foundations of modern monetary theory and policy, which has been applied by central banks and financial market analysts around the world. He has an active interest in public policy. He served as senior economist on the President’s Council of Economic Advisers from 1976 to 1977, as a member of the President’s Council of Economic Advisers from 1989 to 1991. He was also a member of the Congressional Budget Office’s Panel of Economic Advisers from 1995 to 2001. Taylor served as a member of the California Governor’s Council of Economic Advisors from 1996-98 and 2005-10.
For four years from 2001 to 2005, Taylor served as Under Secretary of Treasury for International Affairs where he was responsible for currency markets, trade in financial services, foreign investment, international debt and development, and oversight of the International Monetary Fund and the World Bank. He was also responsible for coordinating financial policy with the G-7 countries, was chair of the OECD working party on international macroeconomics, and was a Member of the Board of the Overseas Private Investment Corporation. His book Global Financial Warriors: The Untold Story of International Finance in the Post-9/11 World chronicles his years as head of the international division at Treasury. His book Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis was one of the first on the financial crisis, and he has since followed up with two books on preventing future crises, co-editing The Road ahead for the Fed and Ending Government Bailouts As We Know Them. His latest book is First Principles: Five Keys to Restoring Americas’ Prosperity, winner of the 2012 Hayek Prize.
In 2010, Taylor received the Bradley Prize from the Bradley Foundation and the Adam Smith Award from the National Association for Business Economics for his work as a researcher, public servant, and teacher. Taylor was awarded the Alexander Hamilton Award for his overall leadership at the U.S. Treasury, the Treasury Distinguished Service Award for designing and implementing the currency reforms in Iraq, and the Medal of the Republic of Uruguay for his work in resolving the 2002 financial crisis. He was awarded the George P. Shultz Distinguished Public Service Award at Stanford, the Hoagland Prize for excellence in undergraduate teaching and the Rhodes Prize for his high teaching ratings in Stanford’s introductory economics course. He also received a Guggenheim Fellowship for his research, and he is a fellow of the American Academy of Arts and Sciences and the Econometric Society; he formerly served as vice president of the American Economic Association.
Previously, Taylor held positions of professor of economics at Princeton University and Columbia University. Taylor received a B.A. in economics summa cum laude from Princeton University in 1968 and a Ph.D. in economics from Stanford University in 1973.
William Bennett Munro Professor of Political Science and Senior Fellow at the Stanford Institute for Economic Policy Research
BioMichael Tomz is the William Bennett Munro Professor in Political Science and Chair of the Department of Political Science at Stanford University. He is also a Senior Fellow at the Stanford Institute for Economic Policy Research, a Senior Fellow at the Stanford Center on Global Poverty and Development, and the Landreth Family University Fellow in Undergraduate Education.
Tomz has published in the fields of international relations, American politics, comparative politics, and statistical methods. He is the author of Reputation and International Cooperation: Sovereign Debt across Three Centuries and numerous articles in political science and economics journals.
Tomz received the International Studies Association’s Karl Deutsch Award, given to a scholar who, within 10 years of earning a Ph.D., has made the most significant contribution to the study of international relations. He has also won the Giovanni Sartori Award for the best book developing or applying qualitative methods; the Jack L. Walker Award for the best article on Political Organizations and Parties; the best paper award from the APSA section on Elections, Public Opinion and Voting Behavior; the best paper award from the APSA section on Experimental Research; and the Okidata Best Research Software Award. His research has been supported by the National Science Foundation.
Tomz has received numerous teaching awards, including the Dean’s Award for Distinguished Teaching and the Cox Medal for Excellence in Fostering Undergraduate Research. In 2017 he received Stanford’s highest teaching honor, the Walter J. Gores Award for Excellence in Teaching. He founded and continues to direct the Summer Research College program for undergraduates in political science.
Tomz holds a Ph.D. from Harvard University; a master’s degree from the University of Oxford, where he was a Marshall Scholar; and an undergraduate degree from Georgetown University. He has been a visiting scholar at the Center for Advanced Study in the Behavioral Sciences, the Federal Reserve Bank of Minneapolis, the Hoover Institution, the Institute for Research in the Social Sciences, and the International Monetary Fund.
Assistant Professor of Economics at the Graduate School of Business and Center Fellow at the Stanford Institute for Economic Policy Research
BioI am an academic economist specializing in industrial organization.
My work leverages theory, empirics and modern computation to better understand the equilibrium implications of policies and proposals involving information revelation, risk sharing and commitment. My projects span a number of policy settings, including public procurement, pharmaceutical pricing and auto-insurance.
Professor of Political Science and Senior Fellow at the Freeman Spogli Institute for International Studies and at the Stanford Institute for Economic Policy Research
Current Research and Scholarly InterestsCivil War, Ethnic Politics, Political Economy of Development, Democracy and Accountability, Africa
Heidi L. Williams
Charles R. Schwab Professor of Economics and Senior Fellow at the Stanford Institute for Economic Policy ResearchOn Leave from 10/01/2022 To 06/30/2023
BioHeidi Williams is the Charles R. Schwab Professor of Economics at Stanford University, and Professor (by courtesy) at Stanford Law School. She is a Research Associate at the National Bureau of Economic Research (NBER), and is a co-editor of the Journal of Economic Perspectives. Her research agenda focuses on investigating the causes and consequences of technological change, with a particular focus on health care markets. Heidi received her AB in mathematics from Dartmouth College in 2003, her MSc in development economics from Oxford University in 2004, and her PhD in economics from Harvard in 2010. She is the recipient of a MacArthur Foundation Fellowship (2015) as well as an Alfred P. Sloan Research Fellowship (2015), and has also been recognized for her undergraduate teaching, graduate teaching, and graduate advising.
Holbrook Working Professor of Price Theory and Senior Fellow at the Freeman Spogli Institute, at the Stanford Institute for Economic Policy Research and at the Precourt Institute for Energy
BioFrank A. Wolak is a Professor in the Department of Economics at Stanford University. His fields of specialization are Industrial Organization and Econometric Theory. His recent work studies methods for introducing competition into infrastructure industries -- telecommunications, electricity, water delivery and postal delivery services -- and on assessing the impacts of these competition policies on consumer and producer welfare. He is the Chairman of the Market Surveillance Committee of the California Independent System Operator for electricity supply industry in California. He is a visiting scholar at University of California Energy Institute and a Research Associate of the National Bureau of Economic Research (NBER).
Professor Wolak received his Ph.D. and M.S. from Harvard University and his B.A. from Rice University.