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Jagadeesh Gokhale

Senior Fellow

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Cato senior fellow Jagadeesh Gokhale is recognized internationally as an expert on entitlement reform, labor productivity and compensation, U.S. fiscal policy and the impact of fiscal policy on future generations. He works with Cato's Project on Social Security Choice to develop reforms for programs such as Social Security and Medicare. Gokhale served in 2002 as a consultant to the U.S. Department of Treasury and in 2003 as a visiting scholar with the American Enterprise Institute (AEI). He was the senior economic adviser to the Federal Reserve Bank of Cleveland from 1990 to 2003.

Gokhale has published papers in such top-tier economics journals as the American Economic Review, Journal of Economic Perspectives, Quarterly Journal of Economics, Review of Economics and Statistics, and in publications of the National Bureau of Economic Research and the Federal Reserve Bank of Cleveland. Gokhale's 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 in 2003. His recent analysis of European economies' fiscal condition attracted considerable media attention with the increase in sovereign default risk among Eurozone nations. Gokhale's most recent book Social Security: A Fresh Look at Reform Alternatives, published by the University of Chicago Press (2010), challenges received notions about that program's financial future and explores the implications of alternative reforms for the program as a whole and for today's and future generations of Americans.

Gokhale holds a Ph.D. in economics from Boston University and is currently a member of the Social Security Advisory Board.


Media Contact: 202-789-5200
To Book a Speaking Engagement: 202-789-5226
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Books and Book Chapters

Social Security: A Fresh Look at Reform Alternatives (University of Chicago Press, 2010)

Fiscal and Generational Imbalances: New Budget Measures for New Budget Priorities (AEI Press, 2003)

Cato Studies

"Globalization: Curse or Cure? Policies to Harness Global Economic Integration to Solve Our Economic Challenge," Policy Analysis no. 659, February 1, 2010.

"Would a Stricter Fed Policy and Financial Regulation Have Averted the Financial Crisis?," by Jagadeesh Gokhale and Peter Van Doren, Policy Analysis no. 648, October 8, 2009.

"Financial Crisis and Public Policy," Policy Analysis no. 634, March 23, 2009.

"The Connection between Wage Growth and Social Security's Financial Condition," Policy Analysis no. 607, December 10, 2007.

"Medicaid's Soaring Cost: Time to Step on the Brakes," Policy Analysis no. 597, July 19, 2007.

[View more Cato Studies]

Articles and Newsletters

"Review of Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism by George A. Akerlof and Robert J. Shiller," Cato Journal, Fall 2009.

"Measuring the Unfunded Obligations of European Countries," by Jagadeesh Gokhale, NCPA Study No. 319, January, 2009.

"Generational Accounting," by Jagadeesh Gokhale, The New Palgrave Dictionary of Economics 2nd edition.

"Wealth, Inheritance and the Estate Tax," by Jagadeesh Gokhale and Pamela Villarreal, NCPA Study No. 289, September 21, 2006.

Opinion and Commentary

"Toward a New Economic Order?," Globalist, August 20, 2010

"The (Still) Missing Social Security Annual Report," by Jagadeesh Gokhale and Mark J. Warshawsky, Forbes, July 12, 2010

"The E.U.'s Aggressive Bailout Plan," Forbes, May 11, 2010

"Forget the European Monetary Fund," Forbes, March 17, 2010

"A Financial Super-Regulator," Forbes, October 29, 2009

[View more Opinion and Commentary]

Cato @ Liberty Blog Posts

"The State of Social Security: Maybe a Little Better, Maybe a Little Worse?," August 6, 2010

"Deflation," August 4, 2010

"Social Security Bloviate-fest," July 30, 2010

"Heating Up the Covert Generational War," April 30, 2010

"The Cost of Government Guarantees," December 2, 2009

[View more Cato @ Liberty Blog Posts]

Events

"Social Security: A Fresh Look at Policy Alternatives," June 7, 2010 [Capitol Hill Briefing]

"Social Security: A Fresh Look at Policy Alternatives," May 27, 2010 [Book Forum]

"Medicaid's Soaring Costs: Time to Step on the Brakes," July 19, 2007 [Capitol Hill Briefing]

"24th Annual Monetary Conference: Federal Reserve Policy in the Face of Crises," November 16, 2006 [Conference]

"The Trouble with Medicaid," September 9, 2005 [Capitol Hill Briefing]

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Speeches and Testimony

"Mandatory Retirement Age Rules: Is It Time To Re-evaluate?" September 9, 2004

"The Future of Retirement in the United States," January 22, 2004




Multimedia

Daily Podcast "Social Security Payouts Growing Faster" featuring Jagadeesh Gokhale, August 11, 2010 [Flash Audio, 08:07]

Daily Podcast "Growth and Credible Commitments" featuring Jagadeesh Gokhale, July 29, 2010 [Flash Audio, 11:08]

Daily Podcast "'Point of No Return' Approaching for U.S. Debt" featuring Jagadeesh Gokhale, July 14, 2010 [Flash Audio, 08:47]

Daily Podcast "Reform Proposals for Social Security" featuring Jagadeesh Gokhale, July 6, 2010 [Flash Audio, 11:12]

Media Highlight Jagadeesh Gokhale discusses the future of social security on FNR's The Federal Drive June 23, 2010 [Flash Audio, 06:44]

[View more Multimedia]