Stanford Institute for Economic Policy Research (SIEPR)
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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.
Eva Meyersson Milgrom
Sr Research Scholar
BioDr Eva M Meyersson Milgrom is an American and Swedish social scientist publishing both in economic and sociology academic journals.
Dr Meyersson Milgrom is a senior research scholars and a teacher at Stanford University, and affiliated with the Department of Sociology and Stanford Institute of Economic Policy and SIEPR. She has been a visiting professor at GSB Stanford University, Sloan School of Business MIT, and at the Haas School of Business, University of California at Berkeley. She has been a visiting scholar at Department of Sociology, Harvard University and a guest scholar at Northwestern University NICO, Northwestern institute on Complex Systems November 2008. Between 1988 and 1998 Meyersson Milgrom was a research scholar at the Institute of Industrial Organization (IUI), (today IFN), Stockholm Sweden.
Dr Meyersson Milgrom’s major contributions have mainly been in three areas: corporate governance (executive compensation), organization and labor markets (wage-, promotion- and productivity gender differences) and social networks (composition and compensation of executive teams and firm performance). Dr Meyersson Milgrom has served as an expert witness on executive compensation and on board composition. She has also consulted on topics such as gender equity, how to organize for changing strategy, and the problems with ad hoc groups.
Dr Meyersson Milgrom has been teaching and developed courses such as “An International Comparison of Corporate Governance Systems” and “Global Organizations, the Matrix of Change” in countries like China, Rwanda, Sweden and United States. She has also organized workshops, developed courses and taught classes on “Labor Market Analysis of Extreme Political Violence. The case of suicide missions.”
Dr Meyersson Milgrom is married to Paul R Milgrom and she is the daughter of Per-Martin Meyerson and Ulla Meyerson and has a son Erik M Dahman Meyersson, a daughter in-law Sarah Dahman Meyersson, two bonus children Elana and Joshua Thurston-Milgrom and a bonus grandson Shepherd.
Shirley R. and Leonard W. Ely, Jr. Professor of Humanities and Sciences, Senior Fellow at SIEPR and Professor, by courtesy, of Economics at the Graduate School of Business 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.
Morris M. Doyle Centennial Professor in Public Policy, Emeritus
BioBruce M. Owen is the Morris M. Doyle Professor in Public Policy, Emeritus, in the School of Humanities and Sciences at Stanford University, and the Gordon Cain Senior Fellow, Emeritus, in Stanford's Institute for Economic Policy Research. For a decade ending in 2015 he was Director of the Stanford Public Policy Program. Professor Owen in 2007 led a successful effort to institute a new masters’ degree program in public policy (MPP) at Stanford. He earlier established an international reputation as an expert on antitrust economics, and was the leading academic student of the economics of mass media markets. He is regarded as a principal architect of the 1974 U.S. Department of Justice antitrust lawsuit that led to the eventual dissolution of the old Bell System, and he testified at the trial of the case in 1981. At Stanford, he has taught courses in economic analysis of law, telecommunications law and policy, and political corruption.
Until 2003, Owen was CEO of Economists Incorporated, a Washington DC consulting firm specializing in antitrust and regulatory policy analysis. Before co-founding Economists Incorporated in 1981, he was the Chief Economist of the Antitrust Division of the U.S. Department of Justice and, earlier, of the White House Office of Telecommunications Policy. He was also a faculty member in the Schools of Business and Law at Duke University and the department of economics at Stanford University. Owen was graduated from Williams College in 1965 with a B.A. in economics and from Stanford in 1970 with a Ph.D., also in economics. He was a Woodrow Wilson Fel-low.
Professor Owen was the author or co-author of numerous articles and eight books, including Television Economics (1974), Economics and Freedom of Expression (1975), The Regulation Game (1978), The Political Economy of Deregulation (1983), Video Economics (1992) and Electric Utility Mergers: Principles of Antitrust Analysis (1994). He was an expert witness in several antitrust and regulatory proceedings. In addition to United States v. AT&T, these included United States Football League v. National Football League, and the Federal Energy Regulatory Commission review of Southern California Edison’s proposed acquisition of San Diego Gas and Electric Co.
In 1992 Owen headed a World Bank task force that advised Argentina's government in drafting a new antitrust law. He also advised government agencies in Mexico and the U.S. on telecommunications policy and in Peru on antitrust policy. He was a consultant to the World Bank concerning the economic evaluation of legal and judicial reform projects. His most recent book, The Internet Challenge to Television, was published by Harvard University Press in 1999.
In recent years, Professor Owen has turned to the economic analysis of Madisonian remedies for the adverse effects of lawful political corruption in the U.S. He published “’To Promote the General Welfare' - Addressing Political Corruption in America,” British Journal of Ameri-can Legal Studies, in 2016. He is now working on a book with the working title “Madison’s Missing Branch,” a draft is available at SSRN.
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 Medicine (Health Services Research), Senior Fellow at the Stanford Institute for Economic Policy Research and Associate Professor, by courtesy, of Economics
BioMaya Rossin-Slater is an Assistant Professor of Health Research and Policy at Stanford University School of Medicine. She is also a Faculty Fellow at the Stanford Institute for Economic and Policy Research (SIEPR), a Faculty Research Fellow at the National Bureau of Economic Research (NBER) and a Research Affiliate at the Institute of Labor Economics (IZA). She received her Ph.D. in Economics from Columbia University in 2013, and was an Assistant Professor of Economics at the University of California, Santa Barbara from 2013 to 2017, prior to coming to Stanford. Rossin-Slater’s research includes work in health, public, and labor economics. She focuses on issues in maternal and child well-being, family structure and behavior, and policies targeting disadvantaged populations in the United States and other developed countries. She is the recipient of the National Science Foundation CAREER Award, and has published articles in a variety of peer-reviewed journals, including the American Economic Review, Journal of Political Economy, American Economic Journal: Applied Economics, American Economic Journal: Economic Policy, Journal of Health Economics, Journal of Public Economics, and Proceedings of the National Academy of Sciences.
Senior Fellow at the Stanford Institute for Economic Policy Research and Professor, by courtesy, of Economics
BioGreg Rosston is the Gordon Cain Senior Fellow at the Stanford Institute for Economic Policy Research and Director of the Public Policy program at Stanford University. He is also a Professor of Economics by courtesy and teaches courses on competition policy and strategy, intellectual property, personal finance, 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 he helped to design and implement the first ever spectrum auctions in the United States. He co-chaired the Economy, Globalization and Trade committee for the Obama campaign and was a member of the Obama transition team focusing on economic agency review and energy policy.
Dr. Rosston received his Ph.D. in Economics from Stanford University specializing in the fields of Industrial Organization and Public Finance and his A.B. with Honors in Economics from University of California at Berkeley. Dr. Rosston has written extensively on the application of economics to telecommunications issues and is the co-editor of two books relating to telecommunications. He has 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 in the area of auctions, business strategy, antitrust and regulation. He also serves as the chairman of the board of the Stanford Federal Credit Union and as a board member for the Nepal Youth Foundation and as an advisory board member for Sustainable Conservation.
Helen C. Farnsworth Professor in 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 and Senior Fellow at the Hoover Institution and 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 in 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, Senior Fellow at the Stanford Institute for Economic Policy Research and Professor, by courtesy, of Law
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 in Commodity Price Studies 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.