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Steven M. Sheffrin Professor Department of Economics Tulane University

Steven M. Sheffrin

Director of the Murphy Institute of Political Economy
108 Tilton Hall


Ph.D. Massachusetts Institute of Technology


Steven Sheffrin joined the Tulane faculty in 2010 as Professor and also serves as Executive Director of the Murphy Institute. He previously served on the UC Davis faculty from 1976-2009 and served as dean of the division of social sciences from 1998 to 2008. He has been a visiting professor at Nuffield College, University of Oxford, a postgraduate college specializing in the social sciences; the London School of Economics and Political Science (LSE); and Princeton University.

Sheffrin holds a BA from the College of Social Studies, Wesleyan University, and a Ph.D. in economics from Massachusetts Institute of Technology. He is the author of 11 books and monographs and over one hundred articles in the fields of macroeconomics, public finance, and international economics. His book Rational Expectations (2nd edition, Cambridge University Press, 1996) is a highly regarded introduction to this important theory. His most recent monograph is Tax Fairness and Folk Justice (Cambridge University Press, 2013). He is also the author (with Terri A. Sexton and Arthur O'Sullivan) of Property Taxes and Tax Revolts: The Legacy of Proposition 13, as well as Economics: Principles, Applications, and Tools (with Arthur O'Sullivan and Stephen Perez), an introductory economics textbook (now in its 9th edition from Pearson Prentice Hall).

Sheffrin's research in tax policy focuses on practical, policy-oriented issues, including property taxation, state corporate taxation, tax fairness and compliance. He has consulted widely and participated in major tax reform studies in California and Louisiana. He has also served as a financial economist with the Office of Tax Policy Analysis, U.S. Department of the Treasury and as a member of the Board of Directors of the National Tax Association.


Research interests: macroeconomics, public finance, taxation