Wealth, Inheritance and the Estate Tax

Studies | Taxes

No. 289
Thursday, September 21, 2006
by Jagadeesh Gokhale and Pamela Villarreal


About the Authors

Jagadeesh Gokhale is a senior fellow with the Cato I nstitute in Washington, D.C.  His research focuses on U.S. fiscal policy, entitlement reforms, intergenerational redistribution, national saving, and labor productivity and compensation. He works with Cato's Project on Social Security Choice to develop reforms for programs such as Social Security and Medicare.  Dr. Gokhale served in 2002 as a consultant to the U.S. Department of the Treasury and in 2003 as a visiting scholar with the American Enterprise Institute (AEI).  Earlier, he was senior economic adviser to the Federal Reserve Bank of Cleveland.  His most recent book, Fiscal and Generational Imbalances: New Budget Measures for New Budget Priorities, coauthored with Kent Smetters, drew widespread attention when it was published by AEI.  He has also authored numerous papers in such economic journals as the American Economic Review, Journal of Economic Perspectives and the Quarterly Journal of Economics.  Gokhale holds a Doctor of Philosophy degree in economics from Boston University.

Pamela Villarreal is a graduate student fellow at the National Center for Policy Analysis.  She received a Bachelor of Science in Economics degree from the University of Texas at Dallas in 2003, and a Master of Science in Applied Economics degree in the summer of 2006.  Ms. Villarreal has authored or coauthored a number of NCPA publications on such diverse topics as the estate tax, Medicaid reform, big-box retailers and aid for Hurricane Katrina evacuees.

She is currently pursuing a doctorate in public policy and political economy from the University of Texas at Dallas.


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