and a member of the Council on Foreign Relations, the Harvard University Visiting Committee for the Memorial Church, and the Group of Thirty. Dr. Ferguson has authored or coauthored numerous speeches, lectures, articles, and monographs, including “Lessons from Past Productivity Booms” (Journal of Economic Perspectives, 2004) and “International Financial Stability” (Geneva Report, 2007). He has also lectured on macroeconomics, monetary policy, and retirement policy at several major universities. He proposed the creation of the International Journal of Central Banking, which commenced publication in 2005 and now has more than 50 sponsoring institutions. Dr. Ferguson holds a B.A., a J.D., and a Ph.D. in economics, all from Harvard University.

Ronald Lee (Co-chair) is a professor of demography and the Jordan Family Professor of Economics at the University of California, Berkeley. He is the director of the Center on the Economics and Demography of Aging at the University of California, Berkeley, funded by the National Institute on Aging (NIA). He has taught courses in economic demography, population theory, population and economic development, demographic forecasting, population aging, indirect estimation, and research design, as well as a number of proseminars. His current research focuses on intergenerational transfers and population aging. He codirects with Andrew Mason the National Transfer Accounts project, which estimates intergenerational flows of resources through the public and private sectors in 37 collaborating countries. He also continues to work on modeling and forecasting demographic time series, and the solvency of social security systems. In addition, he works on the biological evolution of intergenerational transfers and sociality and the way these interact with the evolution of other aspects of life history. Dr. Lee’s notable honors include the presidency of the Population Association of America (PAA), the PAA Mindel C. Sheps Award for research in mathematical demography, the PAA Irene B. Taeuber Award for outstanding contributions in the field of demography, and an honorary doctorate from Lund University, Sweden. He is an elected member of the National Academy of Sciences, the American Association for the Advancement of Science, the American Academy of Arts and Sciences, the American Philosophical Society, and a corresponding member of the British Academy. Dr. Lee has held NIA merit awards continuously since 1994. He holds an M.A. in demography from the University of California, Berkeley, and a Ph.D. in economics from Harvard University.

Alan J. Auerbach is Robert D. Burch Professor of Economics and Law at the University of California, Berkeley. He is also director of the Burch Center for Tax Policy and Public Finance. He served as an assistant, then associate, professor of economics at Harvard University, and as a profes-

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