Eric M. Engen is a resident scholar at AEI, where his research focuses on Social Security, tax and budget policy, household saving behavior, financial markets, and the macroeconomy. He is the author or coauthor of many academic articles, including "Unemployment Insurance and Precautionary Saving" in the Journal of Monetary Economics (2001), "The Effects of Social Security Reform on Saving" in The Foundations of Pension Reform (2000), "Mutual Funds and the U.S. Equity Market" in the Federal Reserve Bulletin (2000), and "The Adequacy of Retirement Saving" in the Brookings Papers on Economic Activity (1999). Before joining AEI, Mr. Engen was a section chief and senior economist at the Federal Reserve Board. He also was an assistant professor in the Department of Economics at the University of California at Los Angeles and a faculty research fellow with the National Bureau of Economic Research.

William Gale holds the Arjay and Frances Fearing Miller Chair in Federal Economic Policy in the Economic Studies Program at the Brookings Institution. His areas of expertise include taxation, budget and fiscal policy, private saving behavior, pensions, and intergenerational transfers of wealth. Mr. Gale is a former senior staff economist for the President’s Council of Economic Advisers and a former assistant professor of economics at the University of California at Los Angeles. He is the author or coauthor of numerous academic and popular articles and is the coeditor of Economic Effects of Fundamental Tax Reform (1996); Rethinking Estate and Gift Taxation (2001); and two forthcoming books on the private pension system.

James K. Glassman is a resident fellow at AEI and the host of TechCentralStation.com. He also writes a syndicated financial column for the Washington Post business section every Sunday. The column appears in other publications, including the New York Daily News and the International Herald Tribune. Mr. Glassman is the author of The Secret Code of the Superior Investor, published in January 2002. His first book was Dow 36,000, coauthored with the economist and AEI scholar Kevin A. Hassett. Mr. Glassman has also given frequent congressional testimony, recently on subjects as varied as telecommunications policy, Securities and Exchange Commission regulations, Social Security reform, and personal investing. He is a popular speaker on economic, political, and investing topics.

Marvin H. Kosters is a resident scholar and the director of economic policy studies at AEI. He served as a senior economist to the President’s Council of Economic Advisers and at the White House Office of the Assistant to the President for Economic Affairs. Mr. Kosters held a senior policy position at the U.S. Cost of Living Council and a research position at the RAND Corporation. He is the author of Wage Levels and Inequality (1998). He edited The Effects of the Minimum Wage on Employment (1996); Personal Saving, Consumption, and Tax Policy (1992); and Workers and Their Wages (1991). He is also the coeditor of Trade and Wages: Leveling Wages Down? (1994) and of Reforming Regulation (1980). Mr. Kosters has contributed to the American Economic Review and the Public Interest.

Emmanuel Saez is an assistant professor at Harvard University. He is currently a visiting assistant professor at the University of California at Berkeley. Mr. Saez is a faculty research fellow in the public economics group at the National Bureau of Economic Research and an associate editor of the Journal of Public Economics. He is the co-organizer (with Antonio Rangel) of SITE’s conference on public economics theory (July 2002) and is the author of "Optimal Income Tax Rates and Elasticities: A Summary," presented at the Ninety-second Annual Conference on Taxation (1999). He has several refereed articles in various journals, including the Journal of Public Economics, Quarterly Journal of Economics, and Review of Economic Studies.