Senior Research Economist - Washington, United States - Department Of The Treasury

Description

Summary

The Senior Research Economist is in the Office of Tax Analysis (OTA) and is the authoritative economic expert on a number of issues regarding Federal taxation, the Administration's tax policies and tax regulatory guidance.

The incumbent coordinates the development of tax modeling and estimates related to energy and environmental policy as well as tax regulatory guidance.

Duties

Team Leader: Lead OTA economists in the development of and estimates from the individual and corporate energy related tax models.

Coordinate the contributions of revenue estimators and economic modelers to make certain that the work is done in a consistent and high-quality manner and incorporates latest tax and energy modeling information

Review estimates and models, providing constructive advice to staff and recommendations to the Directors on ways to improve OTA's ability to analyze complex tax questions related to energy and the environment

Estimates: Develops, monitors, and adjusts estimates of economic effects and revenue estimates related to energy and environmental tax policy (frequently under pressure of immediate deadlines) in connection with: (a) the President's annual Budget and Mid-Session Review; (b) requests from the Congress, OMB, and other agencies; and (c) requests from the OTA Division Directors, Assistant Secretary (Tax Policy), and other Treasury officials of tax policies being considered or developed by the Administration, the Congress, or others.

Furnishes highly authoritative economic, statistical, and technical information regarding economic effects estimates and revenue estimates to support the policy decisions of such officials, providing both oral and written accessible and non-technical explanations to these officials.

Methodology and Development: Longer term development work will involve identifying areas in which existing OTA tax models related to energy and the environment should be improved, where new models and modeling techniques need to be developed, and where there are gaps in the data used in OTA's models and analyses.

Anticipates, develops, plans, and initiates highly technical and specialized research and studies to develop new approaches and improve analytical and estimating methodologies.

Tests, adjusts, and devises new, improved, and more accurate procedures and methodologies to estimate the effects of Federal taxes, giving due consideration to complex interrelationships of variables and assumptions affecting such estimates.

Develops new models and data sets to analyze the economic consequences of tax policies and proposals.

Regulatory Policy: Lead OTA economist in the development and analysis of tax regulatory guidance related to energy and environmental.

Coordinates the contributions of OTA economists in their work with OTP tax legislative council to make certain the work is done in a consistent and high-quality manner.

Coordinates with other agencies, including the Department of Energy (DOE) and the Environmental Protection Agency (EPA) regarding technical aspects of energy and environmental related tax guidance.

The OTA lead economists also coordinates with the Internal Revenue Service to understand how tax administration and compliance affects revenue estimates and policy.

Analyzes, evaluates the need for, plans, and develops best methods and practices to produce regulatory guidance using the most up to date energy related forecasts.