Ph.D. Yale University, 1971, Professor of Economics.
FIELDS
Public finance; monetary economics.
SELECTED PUBLICATIONS
The Value of Explicit Randomization" (with P. Pestieau and S. Slutsky), Journal of Public Economics, 1998; "The Value of Explicit Randomization," (with P. Pestieau and S. Slutsky), Journal of Public Economics, 1997; "An Equilibrium Analysis of Fiscal Policy with Uncertainty and Incomplete Markets," (with D. Easley and N. Kiefer), International Economic Review, 1993; "Tax Evasion and Occupational Choice," (with P. Pestieau), Journal of Public Economics, 1991; "Fiscal Policy and the Term Structure of Interest Rates," (with S. Benninga), Journal of Public Economics, 1988; "An Equilibrium Analysis of Optimal Unemployment Insurance and Taxation," (with D. Easley and N. Kiefer), Quarterly Journal of Economics, 1985; "Public Private Consumption Trade-offs and the Balanced Budget Multiplier," (with S. Slutsky), Quarterly Journal of Economics, 1980; "The Long-Run Properties of an Income Expenditure Model," Econometrica, 1979; "A Model of Wealth Distribution," (with P. Pestieau), Econometrica, 1979.
CURRENT RESEARCH
Tax evasion; occupational choice; taxation when markets are incomplete;
social security.