William Nordhaus is Sterling Professor of Economics at Yale University, New Haven, Connecticut, USA. He was born in Albuquerque, New Mexico (which is part of the United States). He completed his undergraduate work at Yale University in 1963 and received his Ph.D. in Economics in 1967 from the Massachusetts Institute of Technology. He has been on the faculty of Yale University since 1967 and has been Full Professor of Economics since 1973. Professor Nordhaus lives in downtown New Haven with his wife Barbara, who works at the Yale Child Study Center.
Nordhaus is a member of the National Academy of Sciences and a Fellow of the American Academy of Arts and Sciences. He is on the research staff of the National Bureau of Economic Research, the Cowles Foundation for Research, and has been a member and senior advisor of the Brookings Panel on Economic Activity, Washington, D.C. since 1972. Professor Nordhaus is current or past associate editor of several scientific journals. In 2004, he was awarded the prize of “Distinguished Fellow” by the American Economic Association and served as President of the AEA in 2015-2016.
From 1977 to 1979, he was a Member of the President’s Council of Economic Advisers. From 1986 to 1988, he served as the Provost of Yale University. He was a Director and served as Chair of the Boston Federal Reserve Bank for 2013-2015. He has served on several committees of the National Academy of Sciences on topics including climate change, environmental accounting, risk, and the role of the tax system in climate change.
He is the author of many books, among them Invention, Growth and Welfare, Is Growth Obsolete?, The Efficient Use of Energy Resources, Reforming Federal Regulation, Managing the Global Commons, Warming the World, and (joint with Paul Samuelson) the classic textbook, Economics, whose nineteenth edition was published in 2009. His most recent book on climate change is The Climate Casino (Yale Press, 2013).
Professor Nordhaus has also studied wage and price behavior, health economics, augmented national accounting, the political business cycle, and productivity. His 1996 study of the economic history of lighting back to Babylonian times found that the measurement of long-term economic growth has been significantly underestimated. He returned to Mesopotamian economics with a study of the costs of the U.S. war in Iraq, published before the war began, projecting a total cost as high as $2 trillion. He is the author of the DICE and RICE models of the economics of climate change, which have been widely used in research on studies of climate-change economics and policies.
Luis Viceira is the George E. Bates Professor at the Harvard Business School and Senior Associate Dean for Executive Education.
At Harvard Business School Professor Viceira teaches in the area of Capital Markets and Investment Management and in his capacity as senior associate dean, he oversees the activities and management of more than 120 program offerings for executives.
He is a faculty research fellow for the National Bureau of Economic Research in Cambridge, Massachusetts, a fellow of the TIAA-CREF Institute in New York, a member of the Asset Allocation Advisory Board at Norges Bank Investment Management in Oslo and London, a trustee of Milton Academy in Milton, Massachusetts, and a director of MAPFRE USA in Webster, Massachusetts.
An award-winning researcher, he is interested in the study of asset allocation strategies for long-term investors, asset valuations, household finance, international finance, and innovation in asset management. He has authored multiple articles published in leading academic and practitioner finance journals, book chapters, and numerous Harvard Business School case studies. He is also the author of Strategic Asset Allocation (with John Y. Campbell).
His research has received several awards recognizing its contributions to the theory and practice of asset management. He holds a bachelor degree from the Universidad Autonoma in Madrid, and a M.A. degree and a Ph.D. from Harvard University. Professor Viceira has been a member of the faculty of the Harvard Business School since 1998.