The Heritage Foundation Phone: (202) Center for Data Analysis Cell: (484) Massachusetts Ave. NE Fax: (202)
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1 Karen A. Campbell The Heritage Foundation Phone: (202) Center for Data Analysis Cell: (484) Massachusetts Ave. NE Fax: (202) Washington, D.C Education Ph.D. Economics,, 2008 (Expected) Dissertation Title: Towards a General Theory of Entrepreneurial Behavior M.A. Economics,, 2004 B.S. Accounting, Houghton College, 2000, Magna Cum Laude Teaching and Research Fields Primary: Macroeconomics, Entrepreneurship, Trade and Development, Growth and Technology Secondary: Microeconomics, Mechanism Design, Game Theory, Agent-Based Computational Economics Employment Experience The Heritage Foundation Washington, D.C. Macroeconomic Policy Analyst June 2008 Present Perform simulation and time series econometric analysis to evaluate and inform public policy affecting the economy; use econometric forecasting models and dynamic general equilibrium macroeconomic models, work with academic community to develop further computational models to aid in policy analysis; work with experts in other fields to develop micro to macro linkages to perform analysis; project team leader for individual and corporate tax policy projects, explain research findings to media and general audiences as well as technical audiences in the policy and academic communities. ABC Seamer Technologies, Inc., and affiliates Chester, PA CFO 2000 Present Develop accounting system, prepare financial statements, analyze financial statements for reports to stakeholders, assist in strategy development related to all operations of small business including IP portfolio, lease contract negotiations, contract packaging operations, as well as ongoing development of small business plan; interact with undergraduate and graduate college business students using the company for their applied learning projects. Teaching and Research Experience Adjunct Instructor Fall 2005 Spring 2008 Philadelphia, PA Introduction to Economics, Macroeconomics, Microeconomics, Honors Microeconomics Research Assistant Prof. Mohsen Fardmanesh Assist in preparing papers on Parallel Foreign Exchange Markets and Structural Change in Transition Economies. Performed library research, data collection and management and performed time-series econometrics estimations and analysis. Research Assistant Prof. William Dunkelberg Assist in small business panel data management and analysis.
2 Publications Refereed Journal Articles Entrepreneurial Behavior and the Development of Trading Institutions: An Analytical Approach, The Journal of Institutional and Theoretical Economics, Vol. 165:3, September 2009 (p ). Books Diamantaras, D., Campbell, K., Cardamone, E., Deacle, S. and Delgado, L. A Toolbox for Economic Design, Palgrave-MacMillan, Technical Reports and Policy Papers (A complete list of policy papers and links to the papers can be found at http: // Obamas Tax Hikes on High-Income Earners Will Hurt the Poor and Everyone Else, G. Nell, The Heritage Foundation, Backgrounder No. 2490, (November 15, 2010). (Demonstrates methodology for dynamic analysis of the income distribution under different policies) Heritage Employment Report: Stagnant Economy in September with J. Sherk, The Heritage Foundation, Webmemo No. 3036, (Oct. 8, 2010). Obama Tax Hikes: The Economic and Fiscal Effects, with W. Beach, R. Hederman, Jr., J. Ligon and G. Nell, The Heritage Foundation, Center for Data Analysis Report No (September 20, 2010). The Economic Freedom Act: Economic and Fiscal Effects, with G. Nell, The Heritage Foundation, Center for Data Analysis Report No , (August 19, 2010). The Demographic and Dynamic Effects of the Wyden-Gregg Tax Reform Proposal, with G. Nell, The Heritage Foundation, Center for Data Analysis Report Report No , (May 19, 2010). (Analysis uses large structural econometric model of the U.S.) A Renewable Electricity Standard: What It Will Really Cost Americans, with D. Kreutzer, W. Beach, B. Lieberman, and N. Loris, The Heritage Foundation, Center for Data Analysis Report Report No , (May 5, 2010). Mandates and Taxes Re-Burden Health Insurance Markets with G. Nell and P. Winfree, The Heritage Foundation, Webmemo No. 2834, (March 16, 2010). The Presidents Health Proposal: Taxing Investments Undermines Economic Recovery, with G. Nell, The Heritage Foundation, WebMemo No. 2817, (February 25, 2010). What Boxer-Kerry Will Cost the Economy, with D. Kreutzer, W. Beach, B. Lieberman, and N. Loris, The Heritage Foundation, Backgrounder No. 2365, (January 26, 2010). High-Income Surtax: How Not to Pay for Health Care, The Heritage Foundation, Web- Memo No (November 20, 2009). Current Health Insurance Reform Proposals vs. Real Reform and Economic Growth, The Heritage Foundation, Backgrounder No. 2321, (September 23, 2009). The Economic Role of Government: Focus on Stability, Not Spending, The Heritage Foundation, Backgrounder No. 2316, (September 17, 2009). (Emphasis on institutional design, macroeconomic reform) Also listed on Pew Financial Reform Project Selected Works website at
3 The Economic Consequences of Waxman-Markey: An Analysis of the American Clean Energy and Security Act of 2009 with W. Beach, D. Kreutzer, B. Lieberman and N. Loris, The Heritage Foundation, Center for Data Analysis Report No , (August 6, 2009). The PERI Report on Clean Energy: The Wrong Question and a Misleading Result, The Heritage Foundation, Backgrounder No. 2303, (July 27, 2009). Response to the NRDC Critique of The Heritage Foundation s Analysis of the Waxman- Markey Bill, with W. Beach, B. Lieberman, and D. Kreutzer, The Heritage Foundation, Center for Data Analysis Report No , (June 9, 2009). Killing the Entrepreneurial Spirit: Government Is Not a Good Investor, The Heritage Foundation, WebMemo No. 2455, (May 22, 2009). Economic Analysis of the House Republican Budget Alternative (H.R.85), The Heritage Foundation, White Paper, (April 1, 2009). Time for Real Change: Repeal the Corporate Income Tax, The Heritage Foundation, Backgrounder No. 2248, (March 13, 2009). (Analysis uses an OLG model) An Earmark by Any Other Name Is Still an Earmark, The Heritage Foundation, Web- Memo No. 2264, (February 3, 2009). Economic Stimulus Pushed By Flawed Jobs Analysis, with C. Dubay and P. Winfree, The Heritage Foundation, Webmemo No. 2252, (January 28, 2009). (Methodological critique) Bankruptcy of Detroit s Big Three Automobile Companies: New Economic Impact Estimates, with P. Winfree, The Heritage Foundation, Webmemo No. 2160, (December 8, 2008). Extended Unemployment Insurance No Economic Stimulus, with J. Sherk, The Heritage Foundation, Center for Data Analysis Report No , (November 18, 2008). The Global Response to a Terror-Generated Energy Crisis, with W. Beach, J. Carafano, A. Cohen, D. Kreutzer, and H. Smith, The Heritage Foundation, Center for Data Analysis Report No , (November 10, 2008). (Hypothetical scenario response simulation) EPA-Mandated CO2 Reductions Will Lower U.S. Industries Return on Equity, The Heritage Foundation, Center for Data Analysis Report Report No , (November 10, 2008). (Analysis uses an econometric VECM model and industry level data) CO2 Emission Cuts: The Economic Costs of the EPA s ANPR Regulations with D. Kreutzer, The Heritage Foundation, Center for Data Analysis Report Report No , (October 29, 2008). (Analysis uses micro to macro dynamic modeling technique) How Rising Gas Prices Hurt American Households, The Heritage Foundation, Backgrounder No. 2162, (July 14, 2008). (Analysis uses time series VAR model) Working Papers Technology Spillover and Entrepreneurial Behavior (October 2010). Economic Development and the Entrepreneurial Economy (September 2010). Entrepreneurial Activity and Income Inequality: A Computational Approach. (March 2009). IP Protection Games: Does Technology Type Matter to An Endogenous Entrepreneur? (May 2008).
4 Conferences and Presentations The Micro and Macro Economic Effects of the Bi-Partisan Tax Reform Plan, with G. Nell, Tax Economist Forum Presentation, Washington, D.C. June 16, Is Waxman-Markey Good for Texas?, Summit on Climate Change Legislation, Texas Commission of Environmental Quality and the Public Utility Commission and Railroad Commission, September 22, 2009 (presenter). State of the Economy Center for U.S. Studies at the University of Quebec at Montreal conference on The Obama Presidency: From Hope to Achievement, Montreal, Canada, March 5, Entrepreneurial Behavior and the Development of Trading Institutions: An Analytical Approach, Econometric Society North American Summer Meetings, Pittsburgh, PA, June 19-22, (presenter) The Effects of Venture Idea Type on Entrepreneurial Action, 77th Annual Meetings of the Southern Economics Association, New Orleans, LA, November 19-21, (presenter and discussant) The Production Process Entrepreneur, USF-Silicon Valley Global Entrepreneurship Research Conference, San Francisco, March 29, (presenter) IP Protection Games: Does Technology Type Matter to An Endogenous Entrepreneur? Eastern Economic Association Conference, New York, New York, February 25, (presenter) Congressional Testimony The Economics of Extending Unemployment Insurance, Testimony before The Finance Committee of the United States Senate, September 15, 2009 at org/research/testimony/the-economics-of-extending-unemployment-benefits. Professional Training and Research Skills EViews Bootcamp and Econometric Tools Training, Haver Analytics, course taught by J. Cuddington, December 13-15, Certificate in Economic Measurement, National Association of Business Economists, Professional Development, April 13-14, Time Series Econometrics, AEA Continuing Education Program, course taught by J. Stock and M. Watson, January 5-7, Statistical Software: RATS, CATS, SPSS, Matlab, EViews, some R, Stata and Aremos Programming Languages and Packages: LaTex, Python, MatPlotLib, Beamer Software: MS Word, MS Excel, Quickbooks, MS PowerPoint, TSW Web Coder Awards and Recognition Norman and Ruth Sun Memorial Award for timely passing of comprehensive examinations, Norman and Ruth Sun Memorial Award for outstanding paper, Fox School of Business and Management Award for Outstanding Dissertation, 2008.
5 Volunteer Service Volunteer Junior Achievement Finance Park, Fairfax, VA, Fall 2010 Present Treasurer Graduate Economic Student Association,, Fall 2005 Spring 2007 Board Member Greater Philadelphia Chapter Institute of Management Accountants, Pastoral Search Committee Member Faith Community Church, Brookhaven, PA, Professional Designations and Affiliations Member of the American Economic Association Member National Association of Business Economists Member of the Institute of Certified Management Accountants Certified Management Accountant Certified Financial Manager References Prof. Zoltan Acs (Professional Associate) University Professor and Director Center for Entrepreneurship and Public Policy George Mason University Chief Economist, U.S. Small Business Administration voice: Prof. Dimitrios Diamantaras (Dissertation Advisor) voice: Prof. William J. Stull (Department Chair, Teaching supervisor) voice: Prof. Mohsen Fardmanesh (Research Assistant to and Dissertation Committee member) voice: Luke Tilley (Former colleague and classmate) Regional Economic Advisor Federal Reserve Bank of Philadelphia
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