NBER Reporter: Fall 2000

NBER Profiles

NBER Profile: Michael P. Dooley

Michael P. Dooley is a Research Associate in the NBER's Program in International Finance and Macroeconomics and a professor of economics at the University of California, Santa Cruz (UCSC). He joined the faculty at UCSC in 1992 following more than 20 years of service at the Board of Governors of the Federal Reserve System and in the Research Department of the International Monetary Fund.

Dooley's research covers a range of issues in open economy macroeconomics, including crises in emerging markets, debt management, capital controls, capital flight, and liberalization of financial markets. He is also managing editor of the International Journal of Finance and Economics.

Dooley has been a visiting professor at Bucknell University, George Washington University, the University of Texas, University of Chicago Graduate School of Business, the IMF Institute, the World Bank Economic Development Institute, and the Kiel Institute of World Economics. He has also served as a consultant to the International Monetary Fund, World Bank, the Federal Reserve Board, and the Bank of Japan.

In his leisure time, Dooley enjoys fishing, golf, and telling stories about his grandsons.

NBER Profile: Shane M. Greenstein

Shane M. Greenstein is a Research Associate in the NBER's Program on Industrial Organization and Productivity. He has been affiliated with the NBER since 1990.

Greenstein received a B.A. in economics from the University of California, Berkeley, in 1983 and a Ph.D. in economics from Stanford University in 1989. From 1990 to 1997, he was an assistant and then associate professor with the department of economics and the Institute of Government and Public Affairs at the University of Illinois in Urbana/Champaign. In 1997 he joined the Kellogg Graduate School of Management at Northwestern University as an associate professor. At Kellogg, he teaches in the MBA and Ph.D. programs and is codirector of the new Center for Research in Technology, Innovation, and E-Commerce.

Greenstein's research interests cover a wide variety of topics in the economics of high technology. He has studied buyer benefits from advances in computing and communication technology, structural change in information technology markets, standardization in electronics markets, investment in digital infrastructure at private and public firms, the spread of the commercial Internet business, and government procurement of computing services. Greenstein also regularly writes a column about the computer market for IEEE Micro. Links to these columns are at

Greenstein is married to Dr. Ranna Rozenfeld, assistant professor at Northwestern University's medical school and attending physician in the intensive care unit at Children's Memorial Hospital. They live in Winnetka, Illinois, with their two children, Noah and Rebecca.

NBER Profile: Angelo Melino

Angelo Melino, a new Director of the NBER representing the Canadian Economics Association, is a Professor of Economics at the University of Toronto. He has been a member of that economics department since 1981 and a full professor since 1991.

Melino received his B.A. from the University of Toronto and his Ph. D. from Harvard University. He has also taught at the University of California, San Diego, and been a visiting consultant to the Bank of Canada. He has written papers on continuous-time econometrics, strikes, the term structure of interest rates, and pricing derivatives.

Angelo lives in Toronto with his wife, Effie, and their two daughters, Kate and Stacy. In his spare time, he enjoys softball, squash, and ballroom dancing.

NBER Profile: Alicia H. Munnell

Alicia H. Munnell, a newly elected Director at Large of the NBER, is the Peter F. Drucker Professor in Management Sciences at Boston College's Carroll School of Management and Director of the Center for Retirement Research at Boston College.

Munnell earned her B.A. from Wellesley College and her Ph. D. in economics from Harvard University. Most of her professional career was spent at the Federal Reserve Bank of Boston, where she became Senior Vice President and Director of Research in 1984. She left the Boston Fed in 1993 to become Assistant Secretary of the U.S.Treasury for Economic Policy; she then moved to the President's Council of Economic Advisers where she was a Member from 1995-7. Munnell's teaching and research interests include tax policy, social security, and public and private pensions.

She was a co-founder and the first President of the National Academy of Social Insurance. She has also served on numerous advisory boards and panels, and is currently a member of the American Academy of Arts and Sciences and the Pension Research Council at Wharton.

NBER Profile: Michael Rothschild

Michael Rothschild, Dean of the Woodrow Wilson School of Public and International Affairs and a Professor of Economics and Public Affairs at Princeton University, was elected to the NBER's Board of Directors in April 2000 to represent Princeton. He had been an NBER Research Associate since 1980.

Rothschild holds a B.A. from Reed College, an M.A. from Yale University, and a Ph.D. in economics from MIT. Before coming to Princeton he was Professor of Economics and Dean of Social Sciences at the University of California, San Diego. He also has taught at Harvard University and the University of Wisconsin, Madison.

Rothschild has written on a wide range of topics, including decisionmaking under uncertainty, investment, taxation, finance, jury decision processes, and higher education. He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and the American Association for the Advancement of Science.

Rothschild is married to Lynn Kay Greenberg; together they have four adult sons and one grandchild. Rothschild's hobbies include squash, reading, and travel.

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