Appointed by the Senate on November 19, 2009.
Jagadeesh Gokhale is a senior fellow at the Cato Institute. He earlier worked at the American Enterprise Institute as a visiting scholar (2003), the U.S. Treasury Department as a consultant (2002), and the Federal Reserve Bank of Cleveland as a senior economic advisor (1990-2003). An economist by training, his main research fields are macro and public economics with a special focus on the effects of fiscal policy on future generations. During 2008, he served as a member of the Task Force on Sustainability Issues for the Federal Accounting Standards Advisory Board.
Dr. Gokhale has written extensively on policy issues including Social Security and Medicare reform, national saving, private insurance, financial planning, wealth inequality, generational accounting, and public intergenerational transfers and he has testified several times before Congress on these topics. He has published several papers in such top-tier journals as the American Economic Review, Journal of Economic Perspectives, Quarterly Journal of Economics, Review of Economics and Statistics; in publications of the National Bureau of Economic Research and the Cleveland Federal Reserve; in the U.S. Budget report's Analytical Perspectives; and in popular newspapers and online media such as the Wall Street Journal, The Financial Times, The Washington Post, American Spectator, and Forbes.
Dr. Gokhale is a co-author of Fiscal and Generational Imbalances that revealed the U.S. fiscal imbalance to be in the tens of trillions of dollars. Another book by him entitled Social Security: A Fresh Look at Policy Alternatives is forthcoming from the University of Chicago Press in 2010. Current term of office: November 2009 through September 2015.