EMERITUS FACULTY
William Dawes
(In Memoriam) Associate Professor Emeritus / John S. Toll Professorship
Ph.D., Purdue University
Research Interests: Econometrics, Economic History
John C. Hause
(In Memoriam) Professor Emeritus
Ph.D., University of Chicago
Research Interests: Industrial Organization, Law and Economics, Applied Microeconomics
Selected Publications
"Offsetting Behavior and the Benefits of Safety Regulation,"Economic Inquiry, October 2006.
"Uniform Two-Part Tariffs and Below Marginal Cost Prices: Disneyland Revisited", (with
Steven P. Cassou), Economic Inquiry, January 1999.
"Indemnity, Settlement and Litigation, or I'll Be Suing You,"Journal of Legal Studies, January 1989.
"Entry, Industry Growth, and the Microdynamics of Industry Supply," (with G. du Rietz), Journal of Political Economy, August 1984.
"The Fine Structure of Earnings and the On-the-Job Training Hypothesis," Econometrica, May 1980.
"The Theory of Welfare Cost Measurement," Journal of Political Economy, November/December 1975.
Working Papers
"A Production Function Model of the 'Offsetting Behavior' Effect of Regulatory and
Safety Policies on Victim Loss." 2004.
"The Direct and Net Effect of Safety Policy on Accident Rates and the Coefficient
of Diminishing Returns," August 2000.
"Fatal Encounters: An Economic Theory of Accidental Injury with Application to New
Zealand's No-Fault System," July 1995.
Estelle James
(In Memoriam) Professor Emeritus
Ph.D., MIT
Research Interests: Social Security reform
Estelle James is Professor Emeritus, State University of New York at Stony Brook and Consultant
to the World Bank, USAID and other organizations. Previously she was Lead Economist
at the World Bank and Director of the Pension Flagship Course at the World Bank Institute.
She is also a member of the Governing Board of the new pension fund in Kosovo and
served as a member of the President's Commission to Strengthen Social Security in
the U.S. She is principal author of Averting the Old Age Crisis: Policies to Protect
the Old and Promote Growth, a World Bank study that provided the first global analysis
of economic problems associated with population aging. This study has become the basis
for much of the World Bank's advice in this area and for reforms that are now taking
place in many countries. She has lectured extensively on this topic, advised governments
in China, Costa Rica, India, Thailand, Indonesia and other countries, and published
numerous papers in professional journals. Her recent research has focused on social
security reform, including the administrative costs of individual accounts, how to
handle the annuity stage, and the gender impact of alternative systems.
Dr. James' previous work concentrated on international comparisons of public-private
sector interactions in the provision of education and the role of the third sector—non-profit,
non-governmental organizations. Before joining the Bank in 1991, she was Professor
of Economics at the State University of New York, Stony Brook, where she also served
as Chair of the Economics Department and Provost, Social and Behavioral Sciences.
She received her BS from Cornell University and her Ph. D. from MIT.
Thomas J. Muench
(In Memoriam) Professor Emeritus
Ph.D., Purdue University
Research Interests: Macroeconomics, Econometrics, Urban Economics
Warren Sanderson
Professor Emeritus / John S. Toll Professorship
Joint with the Department of History
Ph.D., Stanford University
Research Interests: Economic Demography, Labor Economics, Economic History
Michael Zweig
Professor Emeritus
Founding Director, Center for Study of Working Class Life
Ph.D., University of Michigan
Research Interests: Political Economy, Labor Economics