NBER Reporter: Spring 2004

Spring 2004

NBER Profile: Jeffrey R. Brown

Jeffrey R. Brown

Jeffrey R. Brown is a Faculty Research Fellow in the NBER's Programs on Public Economics and the Economics of Aging and an Assistant Professor of Finance at the University of Illinois at Urbana-Champaign. He received his B.A. from Miami University (Ohio), his M.P.P. in Public Policy from the John F. Kennedy School of Government at Harvard University, and his Ph.D. in economics from MIT.

Brown joined the University of Illinois finance faculty in 2001 after serving as Senior Economist at the President's Council of Economic Advisers and as an economist for the President's Commission to Strengthen Social Security. Prior to his government service, he had been an Assistant Professor of Public Policy at Harvard University's John F. Kennedy School of Government.

Brown's primary research interests are in the realm of insurance, including the study of annuity markets, life insurance, pensions, Social Security, long-term care insurance, and terrorism risk insurance. His work has been published in several academic journals and he is co-author of the book The Role of Annuities in Financing Retirement.

Brown also has served as a consultant to the World Bank, the Executive Office of the President, and the U.S. Treasury, a member of a NASI expert panel studying the design and administration of personal accounts in Social Security, and co-editor of the Journal of Pension Economics and Finance.

Brown, his wife Lisa, and their family live in Champaign, IL. When not working, he spends nearly all of his time being "Daddy" to his two young daughters and infant son.

NBER Profile: Austan Goolsbee

Austan Goolsbee

Austan Goolsbee is an NBER Research Associate and a Professor of Economics at the University of Chicago's Graduate School of Business where he has taught since 1995. He is also the lead editor of the Journal of Law and Economics and a Senior Research Fellow at the American Bar Foundation.

Goolsbee received his B.A. and M.A. in Economics from Yale University and his Ph.D. in Economics from MIT. He has been the recipient of an Alfred P. Sloan Foundation Research Fellowship. He is a member of the U.S. Census Advisory Commission and previously served as a special consultant to the U.S. Department of Justice Antitrust Division and on the staff of former Senator David Boren.

Goolsbee's research focuses on public finance and industrial organization. Some recent areas of interest include the impact of taxes on individuals and small businesses, the spread of technology and new goods, the way online competition affects offline industrial structure, and the recent behavior of capital investment.

Goolsbee lives in Chicago with his wife, Robin, their daughter Aden and son Addison. When he has free-time (and they can find a baby-sitter), you will find him at the movies with his wife.

NBER Profile: Michael Grossman

Michael Grossman

Michael Grossman is a "child" of the NBER. He has been affiliated with the Bureau since 1966 when Victor Fuchs hired him as a research assistant. Currently, he directs the NBER's Health Economics Program and is Distinguished Professor of Economics at the City University of New York Graduate Center, where he has taught since 1972. He also is an associate editor of the Journal of Health Economics and the Review of Economics of the Household and a member of the Institute of Medicine of the National Academy of Sciences.

Grossman received his Ph.D. in economics from Columbia University in 1970. His research has focused on economic models of the determinants of health; the economics of substance use and abuse; and the determinants of interest rates on tax-exempt hospital bonds. His recently completed studies deal with the effects of excise taxes on cigarette smoking by pregnant women, the relationship between substance use and risky sexual behavior by teenagers, the economics of obesity, and the effects of managed care on hospital prices for bypass surgery and for angioplasty. He is beginning new projects on the effects of the introduction of national health insurance and compulsory school reform in Taiwan on child health outcomes in that country.

Grossman lives in Manhattan with his wife, Ilene, a managing principal at Capco, a financial services consulting company. They have two grown daughters, Sandy, a free-lance marketing consultant in television and other media, and Barri, an account manager for Inviva, an insurance holding company. His hobbies include tennis, skiing (despite an infamous wipe-out on a double black diamond), piloting his boat, the "NBER South," docked in Ophelia on the Northern Neck of Virginia, playing with his fraternal twin grandsons, Zack and Ben, and supervising Ph.D. dissertations (86 and counting).

NBER Profile: Jeffrey M. Perloff

Jeffrey M. Perloff

Jeffrey M. Perloff joined the NBER's Board of Directors last fall as the representative of the American Agricultural Economics Association. He is a Fellow of that organization, and a Professor of Agricultural and Resource Economics at the University of California, Berkeley.

Perloff holds a B.A. from the University of Chicago and a Ph.D. in economics from MIT. He was an Assistant Professor of Economics at the University of Pennsylvania from 1976-80 before joining the Berkeley agricultural economics faculty. He was promoted to full professor in 1989.

Perloff's research on industrial organization, labor, trade, marketing, law and economics, psychology, and other topics has been widely published in professional journals. He is the author of a textbook on microeconomics and the coauthor (with Dennis Carlton) of another textbook on industrial organization. He has consulted with the Federal Trade Commission; U.S. Departments of Agriculture, Labor, Justice; the California Attorney General's Office; and other government agencies. He is a former editor of Industrial Relations, a former association editor of the American Journal of Agricultural Economics, and is an associate editor of the Journal of Productivity Analysis.

He lives in Oakland, California with his wife, Jackie, and daughter, Lisa. He and his wife are interested in painting and sculpture and enjoy hiking and traveling.

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