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Study Committee Biographical Information Therese J. McGuire, Chair, is Professor of Management and Strategy at the Kellogg School of Management, Northwestern University, and Director of the Guthrie Center for Real Estate Research and the Real Estate Program at Northwestern. Her areas of expertise are state and local public finance, fiscal decentralization, property tax limitations, education finance, and regional economic development. She has written about and worked with various governments on state tax reform and on the impact of taxes on economic growth. In 1989 she worked with a blue-ribbon commission and directed a study of revenues and expenditures for the state of Arizona. She was a member of the Transportation Research Board (TRB) Committee for the Study of the Long- Term Viability of Fuel Taxes for Transportation Finance. Dr. McGuire was President of the National Tax Association in 1999–2000 and was the editor of the association’s academic journal, National Tax Journal, from 2001 until 2009. Her publications have appeared in National Tax Journal, Journal of Regional Science, Journal of Urban Economics, and Journal of Public Economics. She received a PhD in economics from Princeton University. Jay Alexander is Director of Capital Program Development and Management at the Washington State Department of Transportation (WSDOT). He is responsible for development of the department’s capital programs, development of the state highway system plan, oversight of delivery of the capital program, and oversight and reporting on capital project delivery. Before joining WSDOT in 2005, he was a senior budget analyst for the Transportation Committee for the Washington State House of Representatives. He holds a master’s degree in business administration and a bachelor’s degree in accounting. William D. Dupor is Assistant Vice President of Research at the Federal Reserve Bank of St. Louis. Previously he was Associate Professor of Economics at Ohio State University and Assistant Professor at the Wharton School, University of Pennsylvania. His research interests include dynamic economics, macroeconomics, and monetary economics. His current research includes analysis of the employment effects of the 2009 American Recovery and Reinvestment Act. Dr. Dupor is Associate Editor of the Journal of Money, Credit and Banking. He received a PhD and an MA in economics from the University of Chicago in 1997 and a BA in economics and mathematics from the University of Wisconsin in 1992. Randall W. Eberts is President of the W. E. Upjohn Institute for Employment Research, a nonprofit, independent research organization devoted to research on the causes and effects of unemployment. His research examines various aspects of the federal and state workforce development system and regional economic development issues. Dr. Eberts was appointed to the position of Executive Director of the institute in 1993 and President in 2008. Previous positions include associate professor of economics at the University of Oregon, visiting professor at Texas A&M University, assistant vice president and economist at the Federal Reserve Bank of Cleveland, and senior staff economist on the President’s Council of Economic Advisers. Dr. Eberts received a PhD in economics from Northwestern University in 1978. Ronald L. Epstein is the Acting Assistant Commissioner for Policy and Planning and Chief Financial Officer, New York State Department of Transportation (NYSDOT). Formerly he was Director of NYSDOT’s Passenger Transportation Division. He was an author of the American 111

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112 Transportation Investments in Response to Economic Downturns Association of State Highway and Transportation Officials (AASHTO) report Transportation Investment in America—The Bottom Line—National Mass Transit Needs. He is a recipient of the AASHTO President’s Transportation Award and has been recognized by the New York Public Transit Association for outstanding contributions in support of federal surface transportation reauthorization acts. He is the Vice-Chair of the AASHTO Standing Committee on Public Transportation and a member of the AASHTO Standing Committee on Finance and Administration, the Executive Committee and Board of Directors of the American Public Transportation Association, and the National Cooperative Highway Research Program (NCHRP) Panel on Research for the AASHTO Standing Committee on Public Transportation. He was a member of the TRB Transit Research Analysis Committee from 2004 to 2008. He received an MA in political science from the State University of New York at Binghamton and a BA from the State University of New York at Cortland. Andrew Haughwout is Vice President and Function Head, Research Services Function and Microeconomic Studies Function, at the Federal Reserve Bank of New York. His fields of interest are urban economics, public finance, infrastructure, and microeconomics. He serves as Chair of the North American Regional Science Council and is a former Chair of the Federal Reserve System Committee on Regional Analysis. Before joining the New York Fed, he served as Assistant Professor at Princeton University. He holds a PhD from the University of Pennsylvania and a BA from Swarthmore College. Benjamin F. Jones is an Associate Professor at the Kellogg School of Management, Northwestern University. His research areas are economic growth, technology and innovation, and development economics. He is a Faculty Research Fellow at the National Bureau of Economic Research and an Associate Editor of the Journal of Development Economics. He has been a member of the Kellogg School faculty since 2003. He was a Rhodes scholar in 1995– 1997. He received a PhD from Massachusetts Institute of Technology in 2003, an MPhil from Oxford University in 1997, and a BSE in aerospace engineering from Princeton University in 1995. Nancy J. Richardson was Director of the Iowa Department of Transportation from 2005 to 2011. Previous positions in the department included Administration Division Director and Operations and Finance Division Director. She is Cochair of the Iowa Governor’s Transportation 2020 Citizen Advisory Commission, a former Chair of the AASHTO Standing Committee on Finance and Administration, and a former Chair of the NCHRP Project Panel on Administration of Highway and Transportation Agencies. She received a bachelor’s degree from the University of Iowa. Jay C. Shambaugh is Professor of Economics and International Affairs at the Elliott School of International Affairs, George Washington University. Formerly he worked for the White House Council of Economic Advisers, first as Senior Economist for International Economics and then as Chief Economist, and was an Associate Professor at Dartmouth College and a visiting scholar at the International Monetary Fund. He is a Faculty Research Fellow at the National Bureau of Economic Research. His research is in macroeconomics and international economics. He received a PhD in economics from the University of California at Berkeley, an MA in law and diplomacy from the Fletcher School at Tufts University, and a BA from Yale University.

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