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Dr. Marc Miles

Photo of Dr. Marc Miles - Director of Revenue and Economic Analysis
Dr. Marc Miles has joined Treasury as Assistant Treasurer for Tax Policy and Revenue Analysis, as well as Director of the Office of Revenue and Economic Analysis. Dr. Miles is an economist with extensive knowledge of state, U.S. and international markets who has experience in the private sector and academia. He was Director of The Center for International Trade and Economics and Editor of the annual Index of Economic Freedom at The Heritage Foundation. He was an Executive Vice President for Laffer Associates, a macroeconomic research firm, in San Diego, and he served as Executive Vice President and Director of Marketing for Lehrman Bell Muller Cannon, Inc., an Arlington, Va., economic, financial and political advisory firm. He was Executive Vice President and Economist for H.C. Wainwright & Co. Economics, Inc., a Boston-based economics firm, and he was an Economist at the Federal Reserve Bank of New York. He also was an Associate Professor of Economics at Rutgers University and an Adjunct Professor at Brandeis University. Dr. Miles received his Ph.D. in economics from the University of Chicago and his Master of Science degree from the London School of Economics

Dr. James Wooster


Dr. James H. Wooster joined the Department of the Treasury as Chief Economist in February of 2015.
Dr. Wooster, who has 28 years of experience in domestic and international public finance, previously served with the U.S. Department of the Treasury as a tax advisor to various foreign governments.  He is also a former Chief Economist for the Commonwealth of Massachusetts.
He brings special expertise and experience in developing analytical models and other tools that will enhance Treasury’s economic and revenue analysis, providing a stronger foundation for the State’s policy development and implementation.
From 1991-92, Dr. Wooster was the Chief Economist for the Massachusetts Department of Revenue, where he was responsible for improving the accuracy of forecasts and policy analysis. He developed a tax analysis and research unit to forecast Massachusetts tax collections and scrutinize the revenue impact of proposed tax legislation. He also published articles on tax reform, and served the Commonwealth as Chief of the Bureau of Analysis Estimation and Research from 1989 to 1991.
In 1993, Dr. Wooster joined the U.S. Department of the Treasury as resident tax policy advisor to the government of Bulgaria. He also has served as a long-term resident advisor in Kazakhstan, Kosovo, Bosnia and Herzegovina and Azerbaijan. He participated in short-term missions in Colombia, Sudan, Ukraine, Romania, Afghanistan, Jamaica, Honduras and Tunisia.
Dr. Wooster earned his Ph.D. in economics from the University of Massachusetts at Amherst.

Dr. Ranjana Madhusudhan

Photo of Dr. Ranjana Madhusudhan - Senior Research Economist and Deputy Director
Dr. Ranjana Madhusudhan is the Deputy Director of Revenue and Economic Analysis in the Office of the Chief Economist. She specializes in tax policy, tax administration, revenue forecasting and analysis. She worked for the New Jersey State and Local Expenditure and Revenue Policy Commission and the World Bank prior to joining the Department of Treasury.

She is a past President of National Tax Association and has been active in various leadership roles, including, Co-chair of the Special 2008 NTA Conference on fiscal sustainability, Annual Program Chair, and Chair of NTA Banking and Gaming Committees. She launched a successful collaborative initiative jointly with the Federation of Tax Administrators and NTA in 2008, which has focused on critical fiscal policy issues facing federal, state and local governments. She has also participated in tax policy panels at the Lincoln Institute of Land Policy, the Federal Reserve Banks of Boston and New York, State Legislative Councils and Tax Policy Workshops in Europe.

Dr. Madhusudhan serves on the editorial board of Public Budgeting & Finance and is a member of the GASB Fiscal Sustainability Task Force on Economic Conditions Reporting. She has taught as an adjunct faculty at the E.J. Bloustein School of Public Policy, Rutgers University. She received her Ph.D. in economics from the Maxwell School of Citizenship and Public Affairs, Syracuse University.

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