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Session 23: Solving the Savings Crisis
Presentations
Laurence Kotlikoff: Solving America's Savings Crisis
Links of Interest
Laurence Kotlikoff's home page
Speakers
Brian Horrigan
Chief Economist
Loomis Sayles and Company,
Laurence Kotlikoff
Professor of Economics
Boston University
Laurence J. Kotlikoff is Professor of Economics at Boston University, Research Associate of the National Bureau of Economic Research, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, and President of Economic Security Planning, Inc., a company specializing in financial planning software. Professor Kotlikoff received his B.A. in Economics from the University of Pennsylvania in 1973 and his Ph.D. in Economics from Harvard University in 1977. From 1977 through 1983 he served on the faculties of economics of the University of California, Los Angeles and Yale University. In 1981-82 Professor Kotlikoff was a Senior Economist with the President's Council of Economic Advisers. Professor Kotlikoff has served as a consultant to the International Monetary Fund, the World Bank, the Harvard Institute for International Development, the Organization for Economic Cooperation and Development, the Swedish Ministry of Finance, the Norwegian Ministry of Finance, the Bank of Italy, the Bank of Japan, the Bank of England, the Government of Russia, the Government of Bolivia, the Government of Bulgaria, the Treasury of New Zealand, the Office of Management and Budget, the U.S. Department of Education, the U.S. Department of Labor, the Joint Committee on Taxation, The Commonwealth of Massachusetts, The American Council of Life Insurance, Merrill Lynch, Fidelity Investments, AT&T, and other major U.S. corporations. He has provided expert testimony on numerous occasions to committees of Congress including the Senate Finance Committee, the House Ways and Means Committee, and the Joint Economic Committee. Professor Kotlikoff is author or co-author of 11 books and hundreds of professional journal articles. His most recent book, co-authored with Scott Burns, is entitled The Coming Generational Storm. Professor Kotlikoff publishes extensively in newspapers, and magazines on issues of deficits, generational accounting, the tax structure, social security, Medicare, health reform, pensions, saving, insurance, and personal finance.
John Ameriks
Senior Investment Analyst
Vanguard
John Ameriks joined Vanguard in 2003 as a Senior Investment Analyst in Vanguard's Investment Counseling and Research Group, and serves as one of Vanguard’s experts on retirement advice, retirement income management, and other investment issues. Before coming to Vanguard, he was a Senior Research Fellow at the TIAA-CREF Institute, the research and education arm of TIAA-CREF in New York. He has conducted and published economic research related to individual and household financial decisions regarding saving, portfolio allocation, and retirement income strategies. John’s current research activities include a study of how older Vanguard shareholders manage their assets, and a survey on how investors’ expectations about long-term care needs interact with their saving and investment decisions. Mr. Ameriks holds an A.B. from Stanford University and received his Ph.D. in Economics from Columbia.
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