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Dr. Roger Cohen

Photo of Dr. Roger Cohen - Director of Revenue and Economic Analysis
Dr. Roger Cohen is the Director of Revenue and Economic Analysis in the Office of the New Jersey Chief Economist. Since September 2012, Dr. Cohen has also served as New Jersey’s Assistant Treasurer for Tax Policy and Revenue Analysis. Between 1986 and 2010, he held senior positions in New York State Government, including Deputy Director of the Legislative Tax Study Commission, Director of Fiscal Policy for the New York Senate Democratic Conference, and Director of the Data Resources Division of Tax Enforcement in the New York State Tax Department.

While at the Tax Study Commission, he was the economic architect of the landmark Tax Reform and Reduction Act of 1987. Later, as Director of Fiscal Policy for the State Senate Democratic Conference, he authored the annual Economic and Revenue Report, which was cited by the State Comptroller for its forecast accuracy. At the New York Department of Taxation and Finance, he directed a team whose projects significantly lowered the cost of tax processing and raised the level of tax compliance.

Dr. Cohen has taught at the State University of New York, the University of Mississippi, North Carolina State University and the University of North Carolina. He earned his Ph.D. in Public Finance Economics from the University of North Carolina and a Bachelor's degree from the University of Michigan.

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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