Tom Masterson

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Thomas Masterson is director of applied micromodeling and a research scholar in the Levy Economics Institute’s Distribution of Income and Wealth program. He has worked extensively on the Levy Institute Measure of Well-being (LIMEW), an alternative, household-based measure that reflects the resources the household can command for facilitating current consumption or acquiring physical or financial assets. With other Levy scholars, Masterson was also involved in developing the Levy Institute Measure of Time and Income Poverty (LIMTIP), and has contributed to estimating the LIMTIP for countries in Latin America, Asia, and Africa. He has also taken a lead role in developing the Levy Institute Microsimulation Model.

Masterson’s specific research interests include the distribution of land, income, and wealth, with a focus on gender and racial disparities. He has recently published articles in the The Review of Black Political Economy and The Journal of Economic Issues. He holds a Ph.D. in economics from the University of Massachusetts, Amherst.

CWE-GAM Working Paper Contributions:

“The Impact of Investing in Social Care on Employment Generation, Time and Income-Poverty and Gender Gaps: A Macro-Micro Simulation for Turkey” – Ipek Ilkkaracan, Kijong Kim, Tom Masterson, Emel Memis &  Ajit Zacharias