Steven M. Sheffrin is an economist who focuses on

property tax A property tax (whose rate is expressed as a percentage or per mille, also called ''millage'') is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or Wealth t ...

limitations in the United States. He is the director emeritus of

Tulane University The Tulane University of Louisiana (commonly referred to as Tulane University) is a private research university in New Orleans, Louisiana, United States. Founded as the Medical College of Louisiana in 1834 by a cohort of medical doctors, it b ...

’s Murphy Institute and a professor of economics.Steven M. Sheffrin · The Murphy Institute
Murphy.tulane.edu. Retrieved on November 10, 2011. Sheffrin is an expert in state taxation and served as a member on Louisiana's state Task Force on the Structural Changes in Budget and Tax Policy in 2016.

Education

Sheffrin received his undergraduate degree from

Wesleyan University Wesleyan University ( ) is a Private university, private liberal arts college, liberal arts university in Middletown, Connecticut, United States. It was founded in 1831 as a Men's colleges in the United States, men's college under the Methodi ...

( College of Social Studies; Magna Cum Laude with additional honors) in 1972 and his PhD in economics from the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

Career

Sheffrin began his academic career at

University of California, Davis The University of California, Davis (UC Davis, UCD, or Davis) is a Public university, public Land-grant university, land-grant research university in Davis, California, United States. It is the northernmost of the ten campuses of the University ...

in 1976 in the economics department. He served as the economics chair from 1983–1990 and in 1998 he became dean of the division of social sciences, a post he held until 2008. During his tenure at Davis, Sheffrin founded the Center for State and Local Taxation in 1991 in collaboration with the California Franchise Tax Board and the Board of Equalization, which offered a yearly program in state and local taxation.Dr. Steven Sheffrin: California Tax Reform
The Tax Foundation (August 3, 2009). Retrieved on November 10, 2011. While at UC Davis, Sheffrin held several other positions as well. From 1980–81 he served as a Financial Economist for the U.S. Department of Treasury and was on the Board of Directors of the National Tax Association from 1992–95. In addition, in 1993 Sheffrin was appointed to the Fiscal Task Force for the California Business Higher Education Forum where he was responsible for the property taxation component.

Research and publications

Sheffrin’s research focuses on public finance, taxation and

behavioral economics Behavioral economics is the study of the psychological (e.g. cognitive, behavioral, affective, social) factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by traditional economi ...

, exploring the practical, policy-oriented questions related to property taxation, state corporate taxation, tax fairness and compliance. "He is the author of ten books and monographs and over one hundred articles in the fields of

macroeconomics Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (econ ...

public finance Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in man ...

, and

international economics International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns an ...

. His book ''Rational Expectations'' (2nd edition,

Cambridge University Press Cambridge University Press was the university press of the University of Cambridge. Granted a letters patent by King Henry VIII in 1534, it was the oldest university press in the world. Cambridge University Press merged with Cambridge Assessme ...

, 1996) is a highly regarded introduction to this important theory." He has written extensively on California Proposition 13 and was Director of the

Proposition 13 Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessmen ...

Study Project for the Assembly Office of Research for the State of California from 1990 to 1991.

is the controversial property tax law enacted in 1978 that limited property taxes to no more than one percent of the assessed value of a property. As a result of his expertise, Sheffrin is often called upon to discuss the long-term implications of the law and the impact it has had on California's businesses and residents Sheffrin is also frequently interviewed on other local and national tax issues. He has co-authored two college textbooks with fellow economist Arthur O'Sullivan.

Bibliography

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References

External links

The Murphy Institute: Steven M. Sheffrin
* * {{DEFAULTSORT:Sheffrin, Steven M. Living people Wesleyan University alumni MIT School of Humanities, Arts, and Social Sciences alumni American economists Tulane University faculty University of California, Davis faculty Year of birth missing (living people)