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Tepper School faculty members Max Risch, Assistant Professor of Accounting, and Matthew Denes, Assistant Professor of Finance, have been named as National Bureau of Economic Research (NBER) Faculty Research Fellows. Additionally, Alex London, K&L Gates Professor of Ethics and Computational Technologies with the philosophy department and the Tepper School of Business, was recently appointed to the National Academies of Sciences, Engineering, and Medicine (NASEM).
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Risch will serve under the NBER Public Economics program. His research combines large-scale administrative datasets to study how public policies shape the distribution of income and wealth. One strand of his work examines how firm-worker relationships mediate responses to tax policy. A second strand of his research investigates the role of tax evasion and enforcement in shaping measured and real income inequality.

Denes will work in Productivity, Innovation, and Entrepreneurship. His research studies the factors, including labor markets and government policies, shaping nascent firms and the frictions faced by capital providers. His contributions are empirically oriented with a focus on causal inference using administrative data, including the universe of U.S. tax returns. His work shows that labor markets facilitate entry into entrepreneurship. Additionally, he also investigates how government policies support the smallest firms in the economy, yet have no impact when they target unsophisticated investors.

As part of NASEM’s consensus committee on Strengthening Preparedness Against Novel Biological Threat Agents Enabled Through Artificial Intelligence and Other Emerging Technologies, Alex London will join his fellow members to examine how to strengthen preparedness and mitigation strategies for anticipating and countering novel biological threat agents enabled by artificial intelligence (AI) models and other emerging technologies. Building on prior National Academies work at the intersection of AI and biology, the committee will focus on improving medical countermeasure research and development.

The National Bureau of Economic Research is a private, nonpartisan, nonprofit organization facilitating research and analysis on major economic issues to provide the background studies and data underlying public and private decision-making.

The National Academies foster expertise in science, engineering, and medicine to provide independent, rigorous guidance in a world where evidence-based decisions benefit all.
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