ary
Robbins is president of Fiscal Associates, an Arlington, Virginia, economic
consulting firm. He also is a senior research fellow for the Institute
for Policy Innovation (IPI), a non-profit, non-partisan educational organization
located in Lewisville, Texas.
Robbins developed
The Fiscal Associates Inc. Model, a general equilibrium, econometric model
of the U.S. economy. The Model explicitly incorporates detailed fiscal
and monetary policies and their effects on both the real and financial
sectors of the economy via the return to capital investment, interest
rates, output, and employment. Over the last fifteen years the Model has
been used to analyze the economic and revenue effects of major tax bills
and numerous tax proposals.
Robbins has written on a wide range of issues including capital-gains
taxation, depreciation reform, and the role of tax policy in the savings-and-loan
crisis. Recent publications include an IPI report on The Case for Burying
the Estate Tax and a chapter in the Joint Committee on Taxation
Tax Modeling Project and 1997 Tax Symposium Papers. His analysis of
the capital-gains tax reduction proposed by President Bush appeared in
The Capital Gains Controversy: A Tax Analysts Reader, published
by Tax Advocates and Analysts. A discussion of taxation, interest rates,
and the cost of capital appeared in Technology and Economic Policy,
edited by Professor Dale Jorgenson.
Before founding Fiscal
Associates with his wife, Aldona, Robbins served sixteen years in the
U.S. Treasury Department. From 1982 to 1985, he was chief of the applied
econometrics staff. He served as assistant to the under secretary for
tax and economic affairs between 1981 and 1982 and as assistant to the
director of the Office of Tax Analysis from 1975 to 1981. During the early
1970s, Robbins was one of the developers of the Treasury Tax Model, which
is still the basis for revenue estimates done by the Treasury and the
Joint Committee on Taxation.
Robbins is often
cited on economic, tax, and health issues in newspapers, magazines, and
periodicals. In addition to NRO, his articles on various economic and
tax issues have appeared in the Wall Street Journal, Investor's
Business Daily, Tax Notes and the Washington Times.
He received his master's in economics from Southern Methodist University.
ldona
Robbins is vice president of Fiscal Associates, an Arlington, Virginia,
economic consulting firm. She also is a senior research fellow for the
Institute for Policy Innovation (IPI), a non-profit, non-partisan educational
organization located in Lewisville, Texas.
Robbins' research
centers on economic forecasting and the effect of fiscal policy on the
economy. Publications cover a wide range of issues including how taxes
affect the economy, the long-run financial problems facing retirement
programs, and how government forecasting methods could be improved. Robbins
co-authors the Economic Scorecard, a quarterly IPI publication,
that tracks the economy and federal budget. Other recent publications
include IPI reports on The Fiscal Plans of Al Gore and George Bush:
A Comparison , Complicating the Federal Tax Code: A Look at the
Alternative Minimum Tax (AMT) and Salvaging Social Security: The
Incredible Shrinking Trust Fund and What We Can Do About It.
Before starting Fiscal Associates with her husband, Gary, Robbins served
as a senior economist in the Office of the Assistant Secretary for Economic
Policy at the U.S. Department of the Treasury from 1979 to 1985. Her duties
included staff work for the Secretary in his capacity as managing trustee
of the Social Security and Medicare trust funds. From 1974 to 1979, she
was an economist in the Office of the Secretary at the U.S. Department
of Labor.
In addition to NRO,
articles by Robbins' on the economy, taxes, and Social Security have appeared
in The Dallas Morning News, Insight, Investor's Business
Daily, San Diego Union Tribune, the Wall Street Journal
and the Washington Times. She has testified before Congress on
the Social Security earnings test, the estate tax, and broad-based tax
reform. She received her doctorate in economics from the University of
Pittsburgh.