Education:

• Ph.D., Economics, Princeton University, 1969
• B.A., Economics, Cum Laude, Amherst College, 1963

Teaching Interests:

• Monetary Economics
• Econometrics
• Mathematical Economics

Activities and Honors:

• Excellence in Teaching Award, University of Delaware, 1977.
• Outstanding Undergraduate Teacher Award, College of Business and Economics, University of Delaware, 1974, 1980, 1986, 1992, 1996.
• Outstanding Service Award, College of Business and Economics, University of Delaware, 1998.
• Economic and Financial Advisory Council, State of Delaware; Member, Acting Chair, and Chair of the Revenue Subcommittee.
• Honors Program, University of Delaware, Affiliated Faculty and Alison-Scholar Faculty Advisor.

Recent Publications:

• “Overcoming the Zero Interest-Rate Bound: A Quantitative Prescription”  (with  Laurence S. Seidman) Journal of Policy Modeling, forthcoming.
• “A Temporary Tax Rebate in a Recession: Is it Effective and Safe?” (with  Laurence S. Seidman), Business Economics, Vol. 41, no. 3 (July) 2006, pp. 30-39.
• "Fiscal Policy to Counter Recessions: Triggered Transfers to Households" , in Per Gunnar Berglund and Matias Vernengo (eds.), The Means to Prosperity: Fiscal Policy Reconsidered, Routledge, 2006.
• "Managing a Bulge: Policy Options for Social Security," (with L. Seidman) Public Finance Review, July, 2004.
• "The Later You Pay, the Higher the K," (with L. Seidman) Southern Economic Journal, Vol. 69, pp.560-77, 2003.
• "A New Design for Automatic Fiscal Policy," (with L. Seidman)  International Finance, 5 (2), pp 251-284.,Summer 2002.
• "Funding Social Security: The Transition in a Life-Cycle Growth Model," (with L. Seidman), Eastern Economic Journal, Vol. 28 (2), No. 2, 159-180, 2002.