sor of law and economics at the University of Pennsylvania. He has served as a research associate at the National Bureau of Economic Research and as the deputy chief of staff on the U.S. Joint Committee on Taxation. Dr. Auerbach was elected to the American Academy of Arts and Sciences in 1999. He has authored numerous articles, books, and reviews, was formerly editor of the Journal of Economic Perspectives, and is the founding editor of American Economic Journal: Economic Policy. He holds a B.A. in economics and mathematics from Yale University and a Ph.D. in economics from Harvard University.

Axel Boersch-Supan is a professor of macroeconomics and public policy and founding and executive director of the Mannheim Research Institute for the Economics of Aging at Mannheim University, Germany. He is a full-time member of the Max Planck Society and a codirector of the Max Planck Institute for Social Law and Social Policy in Munich. He is also a research associate at the National Bureau of Economic Research and adjunct researcher at the RAND Corporation. He is a member of the German National Academy of Sciences, the Berlin-Brandenburg Academy of Sciences, and the MacArthur Foundation Aging Societies Network. He was chairman of the Council of Advisors to the German Economics Ministry, has cochaired the German Pension Reform Commission, and was member of the German President’s Commission on Demographic Change. Dr. Boersch-Supan has served as a consultant to many governments, the Organisation for Economic Co-operation and Development, and the World Bank. His current research focuses on household retirement and savings behavior, age and productivity, and the macroeconomic implications of global aging. He also directs the Survey of Health, Ageing and Retirement in Europe (SHARE), a longitudinal data collection effort to study the interaction of health, aging, and retirement processes in 20 countries, financed by the European Commission. He holds a Ph.D. from the Massachusetts Institute of Technology.

John Bongaarts is a vice president and Distinguished Scholar at The Population Council, where he has worked since 1973. His research focuses on a variety of population issues, including the determinants of fertility, population—environment relationships, the demographic impact of the AIDS epidemic, population aging, and population policy options in the developing world. Dr. Bongaarts is a member of the National Academy of Sciences, the Royal Dutch Academy of Sciences, and the Johns Hopkins Society of Scholars. He has received the Robert J. Lapham Award and the Mindel Sheps Award from the Population Association of America, and the Research Career Development Award from the National Institutes of Health. He holds an M.S. from the Eindhoven Institute of Technology, Netherlands,

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