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Biographical Sketches of Pane! Members and Staff ERIC A. HANUSHEK (Chair) is professor of economics and public policy and director of the W. Allen Wallis Institute of Political Economy at the University of Rochester. He was formerly deputy director of the Congressional Budget Office and is a past president of the Association for Public Policy Analysis and Manage- ment. A member of the Committee on National Statistics, he previously held academic appointments at Yale University and the U.S. Air Force Academy and governmental appointments at the Cost of Living Council and the Council of Economic Advisers. His research has involved applied public finance and public policy analysis with special reference to schooling and aspects of income deter- mination. He received a Ph.D. degree in economics from the Massachusetts Institute of Technology. HENRY J. AARON is a senior fellow at The Brookings Institution. He previ- ously was assistant secretary for planning and evaluation at the U.S. Department of Health and Human Services, as well as a professor at the University of Mary- land. A former member of the Commission on Behavioral and Social Sciences and Education, he served on the Panel on Quality Control of Family Assistance Programs of the Committee on National Statistics. His research involves tax policy, health economics, and retirement policy. He received a Ph.D. in econom- ics from Harvard University. ALAN J. AUERBACH is Robert D. Burch professor of economics and law at the University of California, Berkeley. He previously taught at the University of Pennsylvania, where he was chair of the Economics Department. In 1992 he 228

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BIOGRAPHICAL SKETCHES OF PANEL MEMBERS AND STAFF 229 served as deputy chief of staff of the U.S. Joint Committee on Taxation. His research has addressed fiscal theory and policy, business finance and investment, the effects of tax provisions on firm behavior, and the impact of changing demo- graphics on fiscal balance. He is a fellow of the Econometric Society and co- editor of the Journal of Economic Perspectives. He received a B.A. degree from Yale University and a Ph.D. degree from Harvard University. CHRISTOPHER BONE is chief actuary at Actuarial Sciences Associates. He currently serves as chair of the Society of Actuaries' Committee on Retirement Systems Research and the ERISA Industry Committee (ERIC) Task Force on Fully Funded Plans. He previously was a member of the board of directors for the Association of Private Pension and Welfare Benefit Plans. He received a B.A. in mathematics from Michigan State University. CONSTANCE F. CITRO (Study Director) is a member of the staff of the Com- mittee on National Statistics. She is a former vice president and deputy director of Mathematica Policy Research, Inc., and was an American Statistical Associa- tion/National Science Foundation (NSF) research fellow at the Bureau of the Census. For the Committee on National Statistics, she has served as study direc- tor for the Panel on Poverty and Family Assistance, the Panel to Evaluate the Survey of Income and Program Participation, the Panel to Evaluate Microsimu- lation Models for Social Welfare Programs, and the Panel on Decennial Census Methodology. Her research has focused on the usefulness and accessibility of large, complex microdata files, as well as analysis related to income measure- ment and demographic change. She is a fellow of the American Statistical Association. She received a B.A. degree from the University of Rochester and M.A. and Ph.D. degrees in political science from Yale University. PETER DIAMOND is the Paul A. Samuelson professor of economics at the Massachusetts Institute of Technology, where he has taught since 1966. He is currently serving as president of the National Academy of Social Insurance, and he has been president of the Econometric Society and vice president of the American Economic Association. He is a fellow of the American Academy of Arts and Sciences, a member of the National Academy of Sciences, and a found- ing member of the National Academy of Social Insurance. He was the recipient of the 1980 Mahalanobis Memorial Award and the 1994 Nemmers Prize. He has written on public finance, social insurance, uncertainty and search theories, and macroeconomics. He received a B.A. degree in mathematics from Yale Univer- sity and a Ph.D. degree in economics from the Massachusetts Institute of Tech- nology. - CANDICE S. EVANS is a project assistant with the Committee on National Statistics. In addition to her work for this panel, she works with the Panel on

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230 ASSESSING POLICIES FOR RETIREMENT INCOME Statistical Methods for Testing and Evaluating Defense Systems and the Panel on Integrated Environmental and Economic Accounting. Previously she helped steer the report of the Panel on International Capital Transactions, Following the Money: U.S. Finance in the World Economy, through the review process to final publication. She is continuing work toward a B.A. degree in political science at the University of Maryland. MICHAEL D. HURD is professor of economics at the State University of New York at Stony Brook and a research associate at the National Bureau of Economic Research. He is a member of the National Academy of Social Insurance, the Steering Committee for the Health and Retirement Study, and he was a member of the Technical Panel for the Social Security Advisory Council in 1990-1991. His research involves income and wealth of the elderly and pension and retire- ment economics. He received a Ph.D. degree in economics from the University of California at Berkeley. NANCY L. MARITATO has been a staff member of the Committee on National Statistics and the Committee on Population. She has also worked as an econo- mist in the Office of the Assistant Secretary for Planning and Evaluation at the U.S. Department of Health and Human Services, at the Institute for Research on Poverty at the University of Wisconsin, and with the President's Council of Economic Advisers. Her interests focus on poverty and welfare policy analysis. She received B.A. and M.A. degrees in economics from the University of Wis- consin, where she is currently working on a Ph.D. degree in economics. OLIVIA S. MITCHELL is the International Foundation of Employee Benefit Plans professor of insurance and risk management at the Wharton School at the University of Pennsylvania. She was previously a professor of labor economics at Cornell University. Her research focuses on the economics of private and public insurance, particularly employee benefits, pensions, and Social Security. She is a member of the National Bureau of Economic Research and the National Acad- emy of Social Insurance and sits on the editorial boards of the Industrial and Labor Relations Review and the Journal of Risk and Insurance. She has con- sulted for several agencies on pension and retirement issues including the U.S. Department of Labor, the U.S. Department of Health and Human Services, the U.S. General Accounting Office, the U.S. Agency for International Develop- ment, the World Bank, and the International Monetary Fund. She received a B.S. degree from Harvard University and M.S. and Ph.D. degrees from the University of Wisconsin, all in economics. SAMUEL H. PRESTON is Frederick J. Warren professor of demography and member of the Population Studies Center at the University of Pennsylvania. He is a member of the National Academy of Sciences and a member (and former

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BIOGRAPHICAL SKETCHES OF PANEL MEMBERS AND STAFF 231 chair) of the Committee on Population in the Commission on Behavioral and Social Sciences and Education. His research has been in mathematical demogra- phy, mortality, and family demography. He received a Ph.D. degree in econom- ics from Princeton University. JOHN P. RUST is professor of economics at Yale University. He was previously a professor of economics at the University of Wisconsin, Madison. His work focuses on methodology, and he has conducted econometric and time-series analyses of the decisions that determine labor force participation and income during retirement. He received a Ph.D. degree from the Massachusetts Institute of Technology. TIMOTHY M. SMEEDING is professor of economics and public administration and the director of the Center for Policy Research at Syracuse University. He was a fellow at the Center for Advanced Studies in the Behavioral Sciences in 1994-1995. He also serves as project director for the Luxembourg Income Study, a multinational effort to build comparable databases for comparative analysis of income distribution, poverty, and other socioeconomic variables across coun- tries. His research is in the areas of the economics of public policy, the econom- ics of aging, and comparative international social policy. He received a Ph.D. degree in economics from the University of Wisconsin. JAMES P. SMITH is director of the Labor and Population Studies Program at RAND Corporation in Santa Monica, California. He served as a member of the National Research Council's Committee on Research on the Urban Underclass and is currently a member of the Committee on Population, for which he chairs the Panel on the Demographic and Economic Impact of Immigration. His re- search has addressed labor market behavior of minorities and labor economics generally. He received a Ph.D. degree in economics from the University of Chicago.

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