KEVIN A. HASSETT, Ph.D.

Director of Economic Policy Studies
Resident Scholar
American Enterprise Institute
1150 Seventeenth Street, N.W.
Washington, DC 20036
Phone: 202-862-7157
khassett@aei.org

POSITION

Precision Economics, LLC
Washington, DC, 2001 – present

  • Director of Economic Policy Studies; Resident Scholar, American Enterprise Institute for Public Policy Research, 2003-present
  • Resident Scholar, American Enterprise Institute for Public Policy Research, 1997-Present
  • National Review Columnist, 2005-Present
  • Bloomberg Columnist, 2005-2011
  • Senior economic adviser, John McCain Presidential Campaign, 2008
  • Economic adviser, George W. Bush Presidential Campaign, 2004
  • Member Board of Directors American Council for Capital Formation, Center for Policy Research, November 2001- present.
  • Visiting professor, New York University Law School, Spring 2008
  • Chief Economist, McCain 2000, 1999-2000
  • Senior Economist, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 1995-1997
  • Economist, Division of Research and Statistics, Board of Governors of the Federal Reserve System, 1992-1995
  • Associate Professor, Graduate School of Business, Columbia University, New York, NY, 1993-1994
  • Assistant Professor, Graduate School of Business, Columbia University, New York, NY, 1989-1993

EDUCATION

University of Pennsylvania, Philadelphia, PA, 1990

  • Ph.D., Economics
  • Fellowship: Alfred P. Sloan Foundation Doctoral Dissertation, 1988-1989
  • Fellowship: Sloan Foundation Fellow, 1987-1988
  • Fellowship: University of Pennsylvania Fellow, 1984-1986

Swarthmore College, Swarthmore, PA, 1984

  • B.A., Economics
  • High Honors: Phi Beta Kappa, Amos J. Peaslee Scholarship, Captain, Men’s Varsity Track

DISSERTATION

“Essays in Applied Econometrics”
Supervisor: Alan Auerbach

FIELDS OF CONCENTRATION

Public Finance, Macroeconomics, Econometrics

RESEARCH GRANTS

  • National Science Foundation Grant, “Tax Policy, Business Saving, and Investment” (with A. Auerbach)National Science Foundation Grant, “Irreversibility and Energy Conservation” (with G. Metcalf)
  • Department of Energy Grant, “Measuring the Returns to Home Improvement Investments” (with G. Metcalf)

SCHOLARLY PUBLICATIONS

  1. “Spatial Tax Competition and Domestic Wages,” with Aparna Mathur, AEI Papers and Studies, December 2010.
  2. “Fundamental Tax Reform in California,” with Alan D. Viard and Alex Wein, Tax Notes, October 2009.
  3. “Moving toward a Unified Credit for Low-Income Workers,” with Lawrence B. Lindsey and Aparna Mathur, Tax Notes, August 2009.
  4. “A Not-So-New Direction for Tax Policy,” Hoover Institution’s Task Force on Property Rights, Freedom, and Prosperity, May 2009.
  5. “Why Fiscal Stimulus is Unlikely to Work,” International Finance 12:1, 2009: pp. 75–91
  6. “Incidence of a U.S. Carbon Tax: A Lifetime and Regional Analysis,” with Aparna Mathur and Gilbert Metcalf.  Energy Journal. 2009.
  7. “Optimal Long-Run Fiscal Policy: Constraints, preferences and the resolution of uncertainty,” with Alan Auerbach, Journal of Economic Dynamics and Control, Volume 31, Issue 5, 2007.
  8. “The Taxation of Corporate Gains on Sales of Depreciable Property: An Economic Analysis,” with Alan D. Viard, Tax Notes, 2007.
  9. “The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study,” with Alan J. Auerbach, Taxing Corporate Income in the 21st Century, Alan Auerbach, James Hines, Joel Slemrod, eds.; Cambridge University Press, 2007.
  10. “Taxation and Business Behavior: A Review of the Recent Literature,” with Kathryn Newmark, Fundamental Tax Reform: Issues, Choices, and Implications, Diamond and Zodrow eds, MIT Press, 2007.
  11. “Investment,” The Concise Encyclopedia of Economics, David Henderson, eds; forthcoming 2007.
  12. “How do Tax Policies Affect Low-Income Workers?” with Anne Moore, Working Poor: How Economic and Policy Changes Are Affecting Low-Wage Workers, Rebecca Blank, Sheldon Danziger, and Roberts Schoeni, eds.; 2006.
  13. “Investment Behavior, Observable Expectations, and Internal Funds,” with Jason G. Cummins, Kevin A. Hassett, and Stephen D. Oliner, American Economic Review, June 2006.
  14. “Dividend Taxes and Firm Valuation: New Evidence,” with Alan J. Auerbach, American Economic Revie May 2006.
  15. “Marginal Tax Rates in 2004 vs. 1988,” AEI Papers and Studies, March 21, 2006.
  16. “New Evidence on the Dynamics of Drug Discovery,” with Kathryn G. Newmark, AEI Papers and Studies, March 15, 2006.
  17. “Top 10 Myths of Social Security Reform,” with Jeffrey R. Brown and Kent Smetters, The Elder Law Journal, Volume 13, Number 2, 2005.
  18. “The Economic Value of Intellectual Property,” with Robert J. Shapiro, mimeo, October 2005
  19. Copies of Papers/Scholarly Publications/Hassett, Shapiro– The Economic Value of Intellecual Property, 2005.pdf.
  20. “The Steel Industry: An Automotive Supplier Perspective” with Brian Becker, Mimeo, February 16, 2005.
  21. “Is Newspaper Coverage of Economic Events Politically Biased?” with John R. Lott, AEI Papers and Studies, October 18, 2004.
  22. “An Analysis of the Ten-Year Costs of Senator Kerry’s Spending Proposals,” with Eric Engen, AEI Papers and Studies, August 12, 2004.
  23. “Price Controls and the Evolution of Pharmaceutical Markets,” AEI Papers and Studies, July 23, 2004.
  24. “The Economic and Legal Consequences of Requiring the Expensing of Employee Stock Options Without Specifying the Valuation Method,” with Peter J. Wallison, Working Paper, December 2003.
  25. “Do Budget Deficit Announcements Move Interest Rates?” with Charles Calomiris, Eric Engen, and R. Glenn Hubbard, Working Paper, December 2003.
  26. “Increased Investment, Lower Prices: The Fruits of Past and Future Telecom Competition,” with L. Kotlikoff and Z. Ivanova, NBER PAPER, September 2003.
  27. “The Effect of Dividend Tax Relief on Investment Incentives,” with Robert Carroll, and James B. Mackie III, National Tax Journal, Volume 56, September 2003.
  28. “On the Marginal Source of Investment Funds,” with A. Auerbach, Journal of Public Economics Vol. 81/1, pgs. 205-232 December 2002.
  29. “Fiscal Policy and Uncertainty,” International Finance, Fall 2002.
  30. “Does the US Corporate Tax Have a Future?” 30th Anniversary Issue of Tax Notes, Fall 2002.
  31. “A New Measure of Horizontal Inequality,” with A. Auerbach, American Economic Review, September 2002.
  32. “The Effects of Temporary Partial Expensing On Investment Incentives in the United States,” with D. Cohen and D-P. Hansen, National Tax Journal, September 2002.
  33. “Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty,” with A. Auerbach, Institute of Business and Economic Research, paper B02-10, October 2002 and NBER Working paper #9132, August 2002.
  34. “Marginal Tax Rate Cuts and the Public Tax Debate”, with C. Calomiris, National Tax Journal, March 2002.
  35. “Tax Policy and Business Investment,” with R. G. Hubbard, Handbook of Public Economics Vol. III, Auerbach and Feldstein eds., Elsevier Science B.V., 2002.
  36. “Uncertainty and the Design of Long-Run Fiscal Policy,” with A. Auerbach, Demographic Change and Fiscal Policy, A. Auerbach and R. Lee eds, 73-92, Cambridge University Press, 2001.
  37. “Measuring the Returns to Energy Conservation Investments: Evidence from Monthly Billing Data,” with G. Metcalf, in Review of Economics and Statistics, August 1999.
  38. “Investment and Union Certification,” with B. Fallick, Journal of Labor Economics, July 1999.
  39. “Investment with Uncertain Tax Policy: Does Random Tax Policy Discourage Investment?” with G. Metcalf, The Economic Journal, July 1999.
  40. “Inflation and the User Cost of Capital: Does Inflation Still Matter?” with D. Cohen and R. G. Hubbard, The Costs and Benefits of Price Stability, Feldstein ed., Chicago: University of Chicago Press, 1999.
  41. “Inflation, Taxes, and the Durability of Capital,” with D. Cohen, National Tax Journal, March 1999.
  42. “Are Investment Incentives Blunted by Changes in Prices of Capital Goods?” with R.G. Hubbard, International Finance, October 1998.
  43. “Tax Policy and Investment,” with R. G. Hubbard, in Fiscal Policy: Lessons from the Literature, A. Auerbach ed., 1997, 339-385, MIT Press.
  44. “Tax Reforms and Investment: A Cross-Country Comparison,” with J. Cummins and R. G. Hubbard, Journal of Public Economics, 62 (1996), 237-273.
  45. “Can Irreversibility Explain the Slow Diffusion of Energy Saving Technologies?” with G. Metcalf, Energy Policy, January 1996.
  46. “Investment Under Alternative Return Assumptions: Comparing Random Walks and Mean Reversion,” with G. Metcalf, Journal of Economics, Dynamics, and Control, 1996.
  47. “Unionization and Acquisitions,” with B. Fallick, Journal of Business, 1996, 69 (1), 50-73.
  48. “Energy Tax Credits and Residential Conservation Investment: Evidence from Panel Data,” with G. Metcalf, Journal of Public Economics, 57 (1995), 201-217.
  49. “International Accounting, Asymmetric Information, and Firm Investment,” with J. Cummins and T. Harris, Taxing Multinational Corporations, M. Feldstein, J. Hines and R. G. Hubbard eds., 95-102, University of Chicago Press, 1995.
  50. “Have Tax Reforms Affected Investment?” with J. Cummins and R. G. Hubbard, in Tax Policy and the Economy, J. Poterba ed., 1995 (9) 131-150, MIT Press.
  51. “Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform,” with A. Auerbach and J. Sodersten, Swedish Economic Policy Review, 1995, (2), 361-384.
  52. “Accounting Standards, Information Flow and Business Fixed Investment,” with J. Cummins and T. Harris, in The Effects of Taxation on Multinational Corporations, M. Feldstein, J. Hines and R. G. Hubbard eds., 1995, 181-224, University of Chicago Press.
  53. “Reassessing the Social Returns to Equipment Investment,” with A. Auerbach and S. Oliner, Quarterly Journal of Economics, 1994, 109 (3), 789-802.
  54. “A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments,” with J. Cummins and R. G. Hubbard, Brookings Papers on Economic Activity, 1994, (2), 1-74.
  55. “Who Pays Broad Based Energy Taxes? Computing Lifetime and Regional Incidence,” with N. Bull and G. Metcalf, The Energy Journal, 1994, 15 (3), 145-164.
  56. “Energy Conservation and Investment: Do Consumers Discount the Future Correctly?” with G. Metcalf, Energy Policy, June 1993, 710-716.
  57. “Taxation and Foreign Direct Investment in the United States: A Reconsideration of the Evidence,” with A. Auerbach, in Studies in International Taxation, A. Giovannini, R. G. Hubbard and J. Slemrod, eds., University of Chicago Press, 1993.
  58. “Tax Policy and Business Fixed Investment in the U.S.,” with A. Auerbach, Journal of Public Economics, 1992, 47 (2), 141-170.
  59. “The Effects of Taxation on Investment: New Evidence from Firm Level Panel Data,” with J. Cummins, National Tax Journal, 1992, 45 (3), 243-251.
  60. “Instrument Choice and Tests for a Unit Root,” with A. Hall, Economics Letters, 1991, 35, 161-165.
  61. “Recent U.S. Investment Behavior and the Tax Reform Act of 1986: A Disaggregate View,” with A. Auerbach, Carnegie Rochester Conference Series on Public Policy, 1991, 35, 185-215.
  62. “Corporate Saving and Shareholder Consumption,” with A. Auerbach, in D. Bernheim and J. Shoven eds., National Saving and Economic Performance, Chicago, University of Chicago Press, 1991.
  63. “Investment, Tax Policy and the Tax Reform Act of 1986,” with A. Auerbach, in Do Taxes Matter?: The Impact of the Tax Reform Act of 1986, J. Slemrod ed., MIT Press, 1990.

BOOK AND PAMPHLETS

  1. Toward Fundamental Tax Reform, Alan Auerbach and Kevin Hassett ed. AEI Press, May 2005.
  2. Bubbleology: The New Science of Stock Market Winners and Losers, Crown Business, July 2002.
  3. Inequality and Tax Policy, with R.G. Hubbard, eds., AEI Press, December 2001.
  4. Transitional Costs of Fundamental Tax Reform, with R.G. Hubbard, eds., AEI Press, March 2001.
  5. Dow 36,000, with J. Glassman, Random House, September 1999: New York Times, USA Today, Business Week, and Wall Street Journal bestseller.
  6. The Magic Mountain: A Guide to Defining and Using a Budget Surplus, with G. Hubbard, AEI Press, March 1999.
  7. Tax Policy and Investment, AEI Press, September 1999.

COMMENTARY

“The Right Way to Balance the Budget,” with Andrew G. Biggs and Matt Jensen, Wall Street Journal, December 29, 2010.”Obama Discovers Incentives,” with R. Glenn Hubbard, Wall Street Journal, September 10, 2010.

“The Small Business Tax Hike and the 97 Percent Fallacy,” with Alan D. Viard, Wall Street Journal, September 3, 2010.

“Work-Sharing Could Work for Us,” with Dean Baker, Los Angeles Times, April 5, 2010.

“Obama is Innocent,” with Alex Wein, Forbes.com, June 29, 2009.

“Auto Union Drove GM to trouble” March 30, 2009. MarketPlace http://marketplace.publicradio.org/display/web/2009/03/30/pm_auto_unions/.

Comments on Kimberly Clausing, “The Role of U.S. Tax Policy in Offshoring,” presented at the Brookings Trade Forum, May 12-13, 2005.

“Comments and Discussion” Brookings Papers on Economic Activity – 2004, 2, pp. 339-351 Brookings Institution Press.

“Comments,” for Globalization, Law and Development Conference, Michigan Journal of International Law, Volume 26, Number 1, Fall 2004.

Comment on “Valuing Deferral: The Effect of Permanently Reinvested Foreign Earnings On Stock Prices,” International Taxation and Multinational Activity, James R. Hines Jr. ed., 166-171, University of Chicago Press, 2001.

Comment on “Environmental Information and Company Behavior,” Behavioral and Distributional Effects of Environmental Policy, C. Carraro and G. Metcalf eds., 278-280, University of Chicago Press, 2001.

Forum on “Can irreversibility explain the slow diffusion of energy saving technologies?,” Energy Policy, Volume 24, No. 1, pp. 7-8, 1996.

WORKING PAPERS

  1. “Report Card on Effective Corporate Tax Rates: United States Gets an F,” with Aparna Mathur, AEI Tax Policy Outlook, February 2011.
  2. “A Guide for Deficit Reduction in the United States Based on Historical Consolidations that Worked,” with Andrew G. Biggs and Matt Jensen, AEI Economic Policy Working Paper 2010-04, December 2010.
  3. “Distributional Impacts in a Comprehensive Climate Policy Package,” with Aparna Mathur and Gilbert E. Metcalf, AEI Economic Policy Studies Working Paper #2010-03, June 2010.
  4. “The Tax Hike on Carried Interest,” with Alan D. Viard, AEI Tax Policy Outlook, June 2010.
  5. “Taxes Around the World: A Brief History of World Tax Policy, 1981-2007,” with Aparna Mathur, AEI Working Paper #161, December 2009.
  6. “The Deficit Endgame,” with Desmond Lachman and Aparna Mathur, AEI Working Paper #160, September, 2009.
  7. “Moving Towards a Unified Credit for Low Income Workers,” with Lawrence B. Lindsey and Aparna Mathur, AEI Working Paper #150, August, 2009.”
  8. “The Consumer Burden of a Carbon Tax on Gasoline,” with Aparna Mathur and Gilbert E. Metcalf, AEI Working Paper #147, May, 2009.
  9. “The Consumer Burden of a Cap-and-Trade System with Freely Allocated Permits” with Aparna Mathur and Gilbert E. Metcalf, AEI Working Paper #144, December 2008.
  10. “Predicting Tax Reform,” with Aparna Mathur, AEI Working Paper #138, August 2007.
  11. “Revenue-Maximizing Corporate Income Taxes,” with Alex Brill, AEI Working Paper #137, July 2007.
  12. “The Taxation of Corporate Gains on Sales of Depreciable Property,” with Alan Viard, AEI Working Paper #136, June 2007.
  13. “An Empirical Analysis of Middle Class Welfare: Testing Alternative Approaches,” with Aparna Mathur, AEI Working Paper #134, January 2007.
  14. “Taxes and Wages,” with Aparna Mathur, AEI Working Paper #128, July 2006.
  15. “Optimal Long-Run Fiscal Policy,” with Alan J. Auerbach, AEI Working Paper #119, December 6, 2005.
  16. “How Do Tax Policies Affect Low Income Workers?,” with Anne Moore, National Poverty Center Working Paper Series #05-16, September 6, 2005.
  17. “The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study ,” with Alan J. Auerbach, NBER Working paper # 11449, July 2005.
  18. “Assessing the Economic Gains from Telecom Competition,” with Richard N. Clarke, Laurence Kotlikoff, Zoya Ivanova, NBER Working paper # 10482, May 2004.
  19. “The Fiscal and Social Costs of Consolidating Student Loans at Fixed Interest Rates,” with Robert Shapiro, AEI Working Paper Series #104, April 2004.
  20. “On the Marginal Source of Investment Funds,” with A. Auerbach, NBER Working paper #7821, August 2000.
  21. “Structural Estimates of Factor Substitution from Firm-Level Panel Data on Multinational Corporations,” mimeo, with J. Cummins, February 1999.
  22. “Knowing What’s Good For You: Energy Conservation and the Uninformed Consumer Hypothesis,” mimeo, A. Brill and G. Metcalf.
  23. “Investment Behavior, Internal Funds, and Observable Expectations,” with J. Cummins, and S. Oliner, mimeo, September 1997.
  24. “Capital Taxation in a Dynamic Structural Model of the Multinational Firm,” with J. Cummins, mimeo, August 1997.
  25. “Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform,” with A. Auerbach and J. Sodersten, NBER working paper #5189, March 1995.
  26. “Are US Investment and Capital Stocks at Optimal Levels?” with D. Cohen and J. Kennedy, FEDS working paper 95-32, July 1995.
  27. “A Nonlinear Filtering Technique for Estimating the Timing and Importance of Liquidity Constraints,” with T. Feyzioglu, December 1992, currently under revision.

NONTECHNICAL PUBLICATIONS

  1. “Fitting the Bill?” with Maya MacGuineas, National Review Online, April 14, 2005
  2. “Promises, Promises” with Maya MacGuineas, National Review Online, April 4, 2005
  3. “Is the Payroll Tax a Tax?” National Review Online, March 29, 2005
  4. “Hung Up on Words” with Maya MacGuineas, National Review Online, March 18, 2005
  5. “Social Security in Your Mailbox, What Will the Personal-Account Statements Look Like?” with Maya MacGuineas, National Review Online, March 11, 2005
  6. “Ants and Grasshoppers,” Wall Street Journal, February 7, 2005
  7. “Study: Price Controls Harm Patients,” TechCentralStation, December 22, 2004
  8. “Towards an Optimal Governing Area,” The National Interest, December 17, 2004
  9. “Pro-Growth or Pro-Pork?” TechCentralStation, October 25, 2004
  10. “The Washington Policy Shell Game,” Investors Action, October 21, 2004
  11. “Queasy About The Economy? May Be Headlines You Read,” Investor’s Business Daily, October 8, 2004
  12. “Partisan Bias in Newspapers? A Study of Headlines Says Yes,” Philadelphia Inquirer, October 6, 2004
  13. “The ‘Squeeze’ Play,” National Review, September 13, 2004?br />
  14. “Terror, Technology, and Financial Markets,” www.techcentralstation.com, September 10, 2004
  15. “The Reform Term,” www.techcentralstation.com, September 3, 2004
  16. “Getting Recent Economic History Right,” www.techcentralstation.com, September 2, 2004
  17. “Compassionate Concerns,” www.techcentralstation.com, September 1, 2004
  18. “A Presidential Agenda,” www.techcentralstation.com, August 31, 2004
  19. “The Kerry Campaign’s Funny Math,” www.techcentralstation.com, August 13, 2004
  20. “Kerry, a Generic Democrat,” Australian Financial Review, August 3, 2004
  21. “Two Trillion in Ten Years,” Wall Street Journal, July 27, 2004
  22. “The Long Boom,” National Review, July 26, 2004
  23. “Annually Adjusted Rates Would Avoid Catastrophe,” with Robert Shapiro, Chronicle of Higher Education, June 18, 2004
  24. “Why Schroeder Lost, and What It Means for America,” www.techcentralstation.com, June 16, 2004
  25. “‘Sin Screening’ Is Ineffective at Best, Harmful at Worst,” Chronicle of Higher Education, May 28, 2004
  26. “Down Payment Debate,” www.techcentralstation.com, May 10, 2004
  27. “A Corrupted Punditry,” The Weekly Standard, May 10, 2004
  28. “Pension Funds Abuse Power,” USA Today, April 27th, 2004
  29. “Kerry and Me,” www.techcentralstation.com, April 15, 2004
  30. “A Troubling Requirement,” Regulation Magazine, April 1, 2004
  31. “Telecom at the Crossroads,” www.techcentralstation.com, March 18th, 2004
  32. “Tales out of School, The Financial Disaster Everyone Missed” www.techcentralstation.com, March 10th, 2004
  33. “Good For America” New York Sun, January 28 2004
  34. “The Sigh of Relief Binge” www.techcentralstation.com, December 24th, 2003
  35. “Saddam and French Logic” www.techcentralstation.com, December 16, 2003
  36. “The Audacity to Succeed” National Review, December 8, 2003
  37. “A Final Thought on Thanksgiving” www.techcentralstation.com, December 2, 2003
  38. “Dividend Tax Cut Makes Sense” Investment Forum, December 1, 2003
  39. “TRIPping Cures” National Review Online, November 21, 2003
  40. “Guess Who’s to Blame?” The American Enterprise, October/November 2003
  41. “Doctors without Economics” www.techcentralstation.com, October 30, 2003
  42. “Regulate Thyself” www.techcentralstation.com, October 29, 2003
  43. “Tax Policy of Hate” www.techcentralstation.com, October 23, 2003
  44. “A Level Paying Field” www.wsj.com, Opinion Journal, October 10, 2003
  45. “D Is for Deficit” www.wsj.com, Opinion Journal, October 6, 2003
  46. “Doth Protest Too Much” www.techcentralstation.com, September 13, 2003
  47. “Europe’s Good Idea” www.techcentralstation.com, September 11, 2003
  48. “Last Chance Boost” www.techcentralstation.com, august 26, 2003.
  49. “A Risky Shot in the Dark” www.techcentralstation.com, July 22, 2003.
  50. “Your Brain on Drugs” www.techcentralstation.com, July 18, 2003.
  51. “How Europe Sows Misery in Africa,” (with Robert Shapiro) Washington Post (page B03), June 22, 2003.
  52. “Rich man, Poor man,” National Review, June 16, 2003.
  53. “Consumption Function” www.techcentralstation.com, June 12, 2003.
  54. “The Dividend Fiasco,” www.techcentralstation.com, May 9, 2003.
  55. “Half a Loaf is Pretty Good,” www.techcentralstation.com, April 17, 2003.
  56. “The Axis of Losers,” National Review Online, April 1, 2003.
  57. “It’s Dynamic!,” Wall Street Journal, March 26, 2003.
  58. “Clueless Fed,” www.techcentralstation.com, March 20, 2003.
  59. “In For a Shock?,” www.techcentralstation.com, March 7, 2003.
  60. “The Deficit Club,” www.techcentralstation.com, February 6, 2003.
  61. “Kevin Hassett: Tax cut is shrewd politics,” The Australian, January 9, 2003.
  62. “New Data Show NASDAQ Functions Better,” www.techcentralstation.com, December 11, 2002.
  63. “Old News is Good News,” www.techcentralstation.com, October 29, 2002.
  64. “Inversion Hysteria: Retroactive penalties for legal behavior are a tax-policy low,” National Review Online, October 15, 2002.
  65. “Scoring with Meg,” Wall Street Journal, October 9, 2002.
  66. “Stick with Stocks,” The American Enterprise SCAN, October/November 2002.
  67. “In Search of ‘Community’,” www.techcentralstation.com, September 9, 2002.
  68. “Quality and Competitiveness in Central Europe,” www.techcentralstation.com, September 6, 2002.
  69. “Central Europe and the EU: A Crossroads,” www.techcentralstation.com, September 5, 2002.
  70. “Military Action Malaise,” www.techcentralstation.com, September 5, 2002.
  71. “The Stock Market Without Tears: What we said in Dow 36,000; why the critics are wrong,” National Review, September 2, 2002
  72. “Wealth for the Lazy,” The American Enterprise, September 2002.
  73. “Put Dow Doubts to Rest,” www.techcentralstation.com, August 5, 2002.
  74. “Dow 36000 Revisited,” (with James K. Glassman) Wall Street Journal, August 1, 2002.
  75. “Draft Greenspan,” www.techcentralstation.com, August 2002.
  76. “Frontier Corporate Justice Works,” Australian Financial Review, July 3, 2002.
  77. “Create, Destroy, Repeat,” www.techcentralstation.com, June 28, 2002.
  78. “Non-Profits?” www.techcentralstation.com, May 14, 2002.
  79. “Unemployment Lines, Lies and Statistics,” (with John R. Lott) New York Post, April 12, 2002.
  80. “Psst. The Recession Is Over,” Wall Street Journal, March 28, 2002.
  81. “2002, A Boom Odyssey?” www.techcentralstation.com, March 19, 2002.
  82. “Beware of the Democratic Trap,” (with John R. Lott) National Review, March 8, 2002.
  83. “Stock Market Blues,” www.techcentralstation.com, February 25, 2002.
  84. “Mr. Greenspan’s Opus,” www.techcentralstation.com, January 21, 2002.
  85. “Science Says: End of Recession Likely,” www.techcentralstation.com, December 31, 2001.
  86. “How the Republicans Lost the AMT Debate,” (with J. Glassman) Wall Street Journal, December 20, 2001.
  87. “Have We Really Been In a Recession Since March?” www.techcentralstation.com, November 28, 2001.
  88. “No Third Rail,” National Review, November 19, 2001.
  89. “How High Is The Mysterious Overhang?” www.techcentralstation.com, November 16, 2001.
  90. “Economic News has a Silver Lining,” Wall Street Journal, November 7, 2001.
  91. “Tax Bill Would Stimulate High Tech,” www.techcentralstation.com, October 15, 2001.
  92. “To Beat Recession, More Policy Help Likely On the Way,” www.techcentralstation.com, September 27, 2001.
  93. “Fear Of Terrorism Won’t Spur Recession, But Other Factors May,” www.techcentralstation.com, September 13, 2001.
  94. “Poof for Profit Growth, Too?” www.techcentralstation.com, August 20, 2001.
  95. “First-Time Jobless Claims Gauge the Economy’s Health Well,” www.techcentralstation.com, August 7, 2001.
  96. “Social Security Reform Can’t Wait,” The Wall Street Journal, July 20, 2001.
  97. “Dueling Studies Square off on Causes of Economic Growth,” www.techcentralstation.com, July 17, 2001.
  98. “Sitting Pretty Through the New Economy’s Recession,” www.techcentralstation.com, July 3, 2001.
  99. “Interest Rates Have Almost Hit Bottom, and So Has the Economy,” www.techcentralstation.com, May 29, 2001.
  100. “RX for the Economy,” The Wall Street Journal, May 16, 2001.
  101. “The Good News on GDP May Be No News At All,” www.techcentralstation.com, May 3, 2001.
  102. “Will Sentiment Catch Up with Reality?” www.techcentralstation.com, April 02, 2001.
  103. “Beware the Lockbox,” National Review, March 30, 2001.
  104. “Dow 36, 000? It’s Still a Good Bet,” The Wall Street Journal, March 20, 2001.
  105. “The Taxing Machine,” National Review, March 19, 2001.
  106. “Markets Have Lost Faith In Greenspan,” www.techcentralstation.com, March 12, 2001.
  107. “Right-Wing Hypocrites? Tax Policy of George W. Bush,” The American Enterprise, March 2001.
  108. “Tax Cuts and Tax Reform,” Outlook, Hudson Institute, March 2001, Vol. 3, No. 3.
  109. “Are Investors Making a Market Bomb Out of an Economic Blip?” www.techcentralstation.com, February 26, 2001.
  110. “Is Fed Acting To Halt A Recession, Or A Vacation?” www.techcentralstation.com, January 29, 2001.
  111. “Where Do We Put the Surplus?” with R. G. Hubbard, The Wall Street Journal, January 29, 2001.
  112. “What Will An Old Economy Tax Cut Do To The New Economy?” www.techcentralstation.com, January 15, 2001.
  113. “The Dot-Com Drain: It Won’t Cause The Same Credit Spiral As Real Estate Slide,” Investor’s Business Daily, January 12, 2001.
  114. “Stock Prices Aren’t the Fed’s Job,” with J. Glassman, The Wall Street Journal, January 5, 2001.
  115. “Will Dot-com Failures Lead Us to Recession?” www.techcentralstation.com, January 1, 2001.
  116. “Time for Tax Reform,” The Wall Street Journal, December 20, 2000.
  117. “Ganging Up: What is Monopsony? A Surprisingly Powerful Force that’s Coming Soon to A Market Near You,” The Industry Standard, December 11, 2000.
  118. “What Would A New Economy Recession Look Like?” www.techcentralstation.com, December 4, 2000.
  119. “Moynihan’s Internet Access Bill Defended,” Tax Notes, November 13, 2000.
  120. “How W. Won the Tax Debate,” The American Enterprise, November 2000.
  121. “A Nightmare for Halloween,” www.techcentralstation.com, October 30, 2000.
  122. “What Do Profit Disappointments Mean in a New Economy?” www.techcentralstation.com, October 16, 2000.
  123. “In the US, Political Gridlock Works Well,” The Australian Financial Review, September 27, 2000.
  124. “Oil Shock Hurts the Tech Sector Most,” www.techcentralstation.com, September 25, 2000.
  125. “A Tax Phantom is Stalking You,” The American Enterprise, October/November 2000.
  126. “Washington Still Doesn’t Get the New Economy,” www.techcentralstation.com, September 5, 2000.
  127. “Shane in the City,” The American Enterprise, September 2000.
  128. “Outlaw Selective Disclosure? No, the More Information the Better,” The Wall Street Journal, August 10, 2000.
  129. “The Big Picture,” The American Enterprise, July/August 2000.
  130. “The Fed Learns to Stop Bloodletting,” www.techcentralstation.com, July 24, 2000.
  131. Debate on the Wealth Effect and the Stock Market, www.policy.com, July 19, 2000.
  132. “Fun with Funhouse Mirrors,” www.techcentralstation.com, July 10, 2000.
  133. “Hey, Mr. Greenspan: Wealth Creation Isn’t a Problem,” The Wall Street Journal, June 6, 2000.
  134. “Is the Phillips Curve Alive or Dead?” www.techcentralstation.com, June 26, 2000.
  135. “The Internet Killed Inflation,” www.techcentralstation.com, June 12, 2000.
  136. “The Great Bubble Debate,” Business Week, May 29, 2000.
  137. “My View From the Bus,” The American Enterprise, April/May 2000.
  138. “Bear Up, The Cash Cows Will Still Deliver,” Australian Financial Review, April 17, 2000.
  139. “America’s Biggest Boom: Who Do We Thank?” The American Enterprise, March 2000.
  140. “The McCain Tax Plan,” with Charles Calomiris, The Wall Street Journal, February 10,?000.
  141. “Part 2: The Chasm Is Not Quite As Bad As Study Suggests,” The Philadelphia Inquirer, January 30, 2000.
  142. “A Red-tape Curtain Descends Across Europe,” The American Enterprise, January/February 2000.
  143. “Where Are Stock Prices Headed?” The American Enterprise, November/December 1999.
  144. “If Alan Greenspan Had Bitten the Bullet.,” The American Enterprise, November/December 1999.
  145. “Trust the Dow 36,000 Thesis,” The Australian Financial Review, October 20, 1999.
  146. “We Are All Reaganites Now,” The American Enterprise, September/October 1999.
  147. “Overregulation Hurts Good Guys,” USA Today, September 16, 1999.
  148. “Dow 36,000,” with James K. Glassman, The Atlantic Monthly, September 1999.
  149. “Your Surplus Checks Aren’t in the Mail Yet,” with Diana Furchtgott-Roth, Los Angeles Times, August 5, 1999.
  150. “Dow Has A Long Way to Go,” with J. Glassman, The Australian Financial Review, April 29, 1999.
  151. “Fantasy Taxation,” The American Enterprise, April/May 1999.
  152. “Stock Prices Are Still Far Too Low,” Wall Street Journal, March 17, 1999.
  153. “Why Big Labor Keeps Getting Smaller,” Wall Street Journal, August 3, 1998.
  154. “Vanishing Unions,” The American Enterprise, September/October 1998.
  155. “Are Stocks Overvalued?–Not a Chance,” with J. Glassman, Wall Street Journal, March 30, 1998.
  156. “A New Brainstorm From the Left,” The American Enterprise, March/April 1998.
  157. “Debt 101,” The American Enterprise, January/February, 1998.
  158. “Tax Code Penalizes Work, Not Marriage,” with D. Furchtgott-Roth, Investor’s Business Daily, January 16, 1998.
  159. “Uncle Sam’s Dowry,” with D. Furchtgott-Roth, IntellectualCapital.com, October 30,1997.
  160. “The Skyline Tax,” with D. Furchtgott-Roth, The Weekly Standard, September 29, 1997.

TESTIMONIES

“Capital Cost Recovery and Fundamental Tax Reform,” April 18, 2005 President’s Advisory Panel on Federal Tax Reform”Pharmaceutical Price Controls in OECD Countries,” August 3, 2004 Department of Commerce, International Trade Administration

“The FASB Stock Options Proposal, Its Effect on the U.S. Economy and Jobs,” April 21, 2004, House Committee on Financial Services

“Evaluation of Proposals for Economic Growth and Job Creation: Incentives for Investment,” Senate Finance Committee, February 12, 2003.

“Budget Enforcement Act,” House Budget Committee, June 27, 2002.

“Statement on Dynamic Scoring,” House Budget Committee, May 2, 2002.

“Some intuition Concerning the Benefits of Consumption Taxation,” House Ways and Means Committee, May 2, 2002.

“Economic Stimulus,” Senate Budget Committee, October 25, 2001.

“The Role of Tax Incentives in Energy Policy,” Senate Finance Committee, July 10, 2001.

“Budget Enforcement Act,” Senate Budget Committee, June 27, 2001.

“Budget Outlook and Tax Policy,” Senate Budget Committee, February 13, 2001.

“President’s Tax Relief Proposals,” House Ways and Means Committee, February 13, 2001.

INTERVIEWS

  1. CNBC, “Street Signs,” April 8th, 2005
  2. KALW, “Your Call,” January 31st, 2005
  3. NPR, “The Diane Rehm Show,” January 26th, 2005
  4. NHK “Economic Front Line,” January 17th, 2005
  5. CNBC, “Squawk Box,” January 10th, 2005
  6. Closing Bell, CNBC, November 24, 2004
  7. Streetsigns, CNBC, November 24, 2004
  8. Capital Report, CNBC, November 5, 2004
  9. Washington Journal, CSPAN, October 25, 2004
  10. Bloomberg News, Bloomberg TV, October 25, 2004
  11. Wisconsin Public Radio, October 12, 2004
  12. Point of View, USA Radio Network, September 13, 2004
  13. Bloomberg Television, September 8, 2004
  14. The NewsHour, PBS, September 6, 2004
  15. Lou Dobbs Tonight, CNN, August 26, 2004
  16. Lou Dobbs Tonight, CNN, August 25, 2004
  17. 700 Club, CBN, August 25, 2004
  18. Nightly Business Report, PBS, August 13, 2004
  19. Closing Bell, CNBC, August 12, 2004
  20. The NewsHour, PBS, August 6, 2004
  21. Paula Zahn Now, CNN, August 6, 2004
  22. ABCNews August 6, 2004
  23. Closing Bell, CNBC, July 29, 2004
  24. Financial News, Bloomberg Radio, July 28, 2004
  25. CNBC, July 26, 2004
  26. Lester Holt Live, MSNBC, July 20, 2004
  27. Kudlow and Cramer, CNBC, July 9, 2004
  28. CNBC, “Capital Report,” June 16, 2004
  29. NBC “Nightly News,” June 15, 2004
  30. Bloomberg, June 15, 2004
  31. NPR, “The Diane Rehm Show,” June 15th, 2004
  32. CNN, “Paula Zahn Now,” December 2, 2003
  33. Bloomberg, October 29, 2003
  34. NPR, “Morning Edition,” September 30, 2003
  35. Bloomberg, September 16, 2003
  36. CNBC, September 3, 2003
  37. CNN, “Live from the Headlines,” September 1, 2002
  38. CNBC, June 2, 2003
  39. CNN, “The Tax Cut Debate,” June 1, 2003
  40. Bloomberg, May 29, 2003
  41. CBS-KTSA, May 28, 2003
  42. NBC, “TODAY Show,” May 27, 2003
  43. WebFN, May 21, 2003
  44. CNBC, “Squawk Box,” May 16, 2003
  45. CNBC, “Open Exchange,” “Closing Bell,” and “Business Center,” April 21, 2003.
  46. PBS, “Wall Street Week,” April 4, 2003.
  47. Bloomberg, March 28, 2003.
  48. Bloomberg Radio Networks, March 20, 2003.
  49. PBS, “Nightly Business Report,” January 7, 2003.
  50. NPR, “All Things Considered,” January 7, 2003 @ 6:30.
  51. CNN, “Talk Back Live,” January 6, 2003 @ 3:10.
  52. BBC Radio, January 6, 2003.
  53. Minnesota Public Radio, January 6, 2003.
  54. CNBC, January 2, 2003.
  55. CNBC, “Business Center at 5:00,” December 26, 2002.
  56. WAMU 88.5, “The Diane Rehm Show,” December 19, 2002.
  57. WJLA-TV, “Capital Sunday,” December 15, 2002.
  58. Bloomberg Radio, December 14, 2002 and December 15, 2002.
  59. ABC News with Terry Moran, December 10, 2002.
  60. CNN Money Line, November 11, 2002.
  61. Fox News Channel, “Cavuto on Business,” November 11, 2002.
  62. Bloomberg TV, November 6, 2002.
  63. WCGH-AM, “Newsworthy in CT with Al Primo,”  November 6, 2002.
  64. CNNfn, “What Will Happen At The FOMC This Time Around?,” CNN Money Morning,” November 6, 2002.
  65. WAMU 88.5, “The Diane Rehm Show,” October 17, 2002.
  66. CNBC, “Business Center with Ron Insana,” October 10, 2002 @ 6:40 pm.
  67. Blooomberg TV, ” Persona Finance,” October 10, 2002 @ 5:30 pm.
  68. WJLA-TV, “Capital Sunday,” October 6, 2002.
  69. WAMU 88.5, “The Diane Rehm Show,” September 23, 2002.
  70. “Debates-Debates,” August 27, 2002.
  71. WNYC “Brian Lehrer Show,” August 2002.
  72. WJLA-TV, “Capital Sunday,” August 11, 2002
  73. “What Bubble?” TIME, August 5, 2002.
  74. Webfn, “E-trade financial radio,” July 26, 2002.
  75. KFNN, “Financial Review.” July 2002.
  76. Boston Radio,”On The Money,” July 2002.
  77. Blooomberg TV, ” Persona Finance,” July 31, 2002.
  78. CNBC, “Wake Up Call,” July 31, 2002.
  79. CNNfn, “What Will Happen At The FOMC This Time Around?,” CNN Money Morning, June 25, 2002.
  80. WJLA-TV, “Capital Sunday,” May 19, 2002.
  81. Fox News, April 22, 2002.
  82. CNNfn, approx March 19, 2002: 6:30 am.
  83. “Still a True Believer In Dow 36,000,” Business Week, December 31, 2001.
  84. “The Economic Stimulus Package”, CNNfn, December 18, 2001.
  85. Bloomberg TV, November 6, 2001.
  86. CNNfn, November 6, 2001.
  87. “Federal Government Will No Longer Issue Thirty-Year Bonds,” NPR, “Marketplace,” October 31, 2001.
  88. WJLA-TV, “Capital Sunday,” October 7, 2001.
  89. Bloomberg, September 19, 2001.
  90. “Economic Impact of the September 11 Disaster,” C-Span, “Washington Journal,” September 15, 2001.
  91. “Will Federal Reserve Actions Work To Bolster GDP?” CNNfn, September 18, 2001.
  92. WJLA-TV, “Capital Sunday,” September 9, 2001.
  93. “Does Congress Really Need to Investigate Wall Street Analysts?” CNN, July 31, 2001.
  94. Debates, Debates, PBS, June 28, 2001.
  95. “Tough Call: Is the Federal Reserve On Track?” CNNfn, June 25, 2001.
  96. Bloomberg Money, May 3, 2001.
  97. Bloomberg Money, April 19, 2001.
  98. “Capital Sunday With Kathleen Matthews and Derek McGinty”, ABC, April 15, 2001.
  99. “Aftermath After the Fed Decision,” Finnish Broadcasting Company, March 23, 2001.
  100. “Hardball with Chris Matthews,” MSNBC, March 20, 2001.
  101. “President’s Tax Proposals,” FoxNews, March 18, 2001.
  102. “President Bush to Submit Tax-Cut Plan to Congress,” National Public Radio, February 26, 2001.
  103. “Tax Cuts,” Interview, National Public Radio, “The Dian Rehm Show,” February 12, 2001.
  104. Interview, Bloomberg Money, January 31, 2001.
  105. “Bush Administration”, Interview, CNBC News, January 22, 2001.
  106. “The Declining Economy and Prospects of A Recession,” CBS “The Early Show,” January 2, 2001.
  107. Bloomberg Money, December 29, 2000.
  108. “Possible Candidates for the Bush Economic Team,” CNBC News, December 15, 2000.
  109. “How the Presidential Election Uncertainty Is Affecting the US Economy,” National Public Radio, December 18, 2000.
  110. Bloomberg Money, October 19, 2000.
  111. “Some Companies Don’t Have To Pay Federal Taxes Because of Employees Exercising Stock Options Which Gives Them A Tax Break,” National Public Radio, October 16, 2000.
  112. Bloomberg News, October 13, 2000.
  113. “Positions of George W. Bush and Al Gore On the Issues of Social Security,” CBS “The Early Show,” October 9, 2000.

BOOK REVIEWS

Review of A Cracking the Code by Andrew Lyon, Journal of Economic Literature, December 1998.