Ted Gayer is co-director of the Economic Studies Program and the Joseph A. Pechman Senior Fellow at the Brookings Institution. An expert in financial, environmental, and energy policy economics, he specializes in econometrics, cost-benefit analysis, cost-effectiveness analysis, risk assessment, and valuation. His extensive policy experience includes matters involving fuel standards, chemical regulation, carbon offsets and climate change, mortgages, and credit markets.
Prior to his post at Brookings, Dr. Gayer was Deputy Assistant Secretary for Economic Policy at the Department of the Treasury, where he played a key role in producing sound and timely analyses during a turbulent period in the housing and credit markets. The effort he led to analyze mounting subprime mortgage defaults helped shape Treasury’s response to alternative mortgage proposals. Dr. Gayer’s government experience also includes the Council of Economic Advisers, as a senior economist focusing on environmental policy, and the Science Advisory Board and the Superfund Benefits Analysis Advisory Committee, both at the EPA.
From 2004 to 2009, Dr. Gayer was an associate professor of Public Policy at Georgetown University. He was also a visiting fellow at the Public Policy Institute of California and a visiting scholar at the American Enterprise Institute.
Education
PhD, Economics, Duke University
MA, Economics, Duke University
BA, Mathematics/Economics, Emory University