NBER Reporter: 2010 Number 1 Profiles

NBER Profile: Efraim Benmelech

Efraim Benmelech is a Faculty Research Fellow in the NBER’s Programs on Corporate Finance and Development of the American Economy. He is also an associate professor of economics at Harvard University.

Benmelech received a B.A in economics and an M.B.A. from the Hebrew University at Jerusalem, and a Ph.D. in financial economics from the University of Chicago's Graduate School of Business. He joined Harvard’s faculty when he graduated from the University of Chicago in 2005.

Benmelech’s research is mainly in the field of corporate finance, focusing on bankruptcy, financial contracts, and the real effects of financial distress. He also studies the economics of terrorism. Currently, Benmelech is analyzing the relation between financial distress and labor relations, focusing in particular on “pension dumping,” the process of terminating defined benefit pension plans in the face of financial distress, and on the consequences of underfunded defined-benefits pension plans for wage renegotiations.

Benmelech lives in Newton with his wife, Shikma, and their four children: Machol, Shoham, Attar, and Millo.

Efraim Benmelech

NBER Profile: Joseph Doyle

Joseph Doyle is a Faculty Research Fellow in the NBER's Aging, Children, and Environmental and Energy Economics Programs. He is also the Alfred Henry and Jean Morrison Hayes Career Development Associate Professor of Applied Economics at MIT's Sloan School of Management. He completed his B.S. at Cornell University in 1996 and his Ph.D. in economics at the University of Chicago in 2002. Before attending graduate school, he worked as an assistant economist at the Federal Reserve Bank of New York.

Doyle’s areas of specialization are health economics, public economics, and labor economics. His research focuses on measuring the returns to healthcare, assessing the role of physicians' human capital on their treatment decisions and patients' health outcomes, and evaluating the economics of child welfare programs, in particular the effects of foster care on long-term outcomes for children.

Doyle lives in Boston with his wife, Michelle, and their two sons, Jack and Michael. They enjoy digging: in the sand during the summer and in the snow during the winter.

Joseph Doyle

NBER Profile: Mikhail Golosov

Mikhail Golosov is a Research Associate in the NBER's Program on Public Economics and a Professor of Economics at Yale University.

He received his B.A. in Economics and Banking from Belarus State Economic University, his M.A. in Economics from the University of British Columbia, and his Ph.D. in Economics from the University of Minnesota.

Before joining Yale's economics faculty in 2009, he taught at MIT. He has also been a Visiting Assistant Professor at Harvard University and the University of Chicago, and a Visiting Scholar at the Einaudi Institute for Economics and Finance, the Federal Reserve Board of Governors, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Minneapolis.

Golosov lives in New Haven. In his spare time he enjoys playing tennis, horseback riding, and traveling.

Mikhail Golosov

NBER Profile: Aleh Tsyvinski

Aleh Tsyvinski is a Research Associate in the NBER's Programs on Economic Fluctuations and Growth and Public Economics. He is also a Professor of Economics at Yale University and Co-Director of the Macroeconomic Research Program of the Cowles Foundation for Research in Economics at Yale.

Tsyvinski was born in Belarus, where he received an undergraduate degree from the Belarus State Economic University in Economics and Banking. He received his Ph. D. in Economics from the University of Minnesota in 2003. Before joining Yale's economics department in 2008, he taught at the University of California, Los Angeles and at Harvard University.

Tsyvinski's research interests include the analysis of fiscal policy and the effects of taxation.

Aleh Tsyvinski
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