Three Research Associates Take Leave for Policy Roles
Three NBER research associates from the University of California, Berkeley have been tapped for substantial economic policy roles in the new administration in Washington. Adair Morse of the Haas School of Business, a Corporate Finance Program affiliate, is serving as the Deputy Assistant Secretary of Capital Access at the Department of the Treasury. Catherine Wolfram, also a Haas School faculty member, has joined the Treasury Department as Deputy Assistant Secretary for Climate and Energy Economics. Wolfram has been the director of the NBER’s Environment and Energy Economics Program for the last five years and is also affiliated with the Industrial Organization Program. Danny Yagan of the Economics Department at Berkeley has been named Associate Director for Economic Policy at the Office of Management and Budget. Yagan is an affiliate of the Public Economics Program. All three researchers will be on leave from the NBER for the duration of their government service.

NBER Research Associate Adair Morse of the University of California, Berkeley’s Haas School of Business is serving as deputy assistant secretary of capital access in the US Department of the Treasury’s Office of Domestic Finance. She is on leave from Berkeley and from the NBER, where she is an affiliate of the Corporate Finance Program. Morse holds the Solomon P. Lee Chair in Business Ethics and an associate professor of finance at Berkeley, and a fellow of the Berkeley Center for Law and Business

Catherine Wolfram, the director of the NBER’s Environment and Energy Economics Program for the last five years, and who also is an affiliate of the Industrial Organization Program, has been named the inaugural deputy assistant secretary for climate and energy economics at the US Department of the Treasury. Wolfram is on leave from the NBER and from the Haas School of Business at the University of California, Berkeley, where she is the Cora Jane Flood Professor of Business Administration.

Danny Yagan, a research associate in the NBER’s Public Economics Program and an associate professor of economics at the University of California, Berkeley, has become associate director for economic policy at the federal Office of Management and Budget. He is on leave from Berkeley and the NBER. At Berkeley, Yagan is a faculty associate of the Burch Center for Tax Policy and Public Finance and faculty codirector of the Taxation and Inequality Initiative of the Berkeley Opportunity Lab.