He earned a PhD in Economics - John Hopkins University. He was Visiting assistant professor Princeton University, 1965-1966. Senior Staff Economist, Council Economic Advisers Executive Office of the President, Washington, 1970-1971, He was Assistant Director Economics, Office Management & Budget, 1975-1977. He was a Professor at University Rochester, New York, 1970-1975. He was Resident Scholar American Enterprise Institute (Associated Electrical Industries), Washington, 1977-1983. He served as Director Congressional Budget Office (CBO), 1983-1987. Deputy assistant secretary for economics United States Department Housing & Urban Development (Housing and Urban Development), 1973-1975. He was Managing director Barents Group LLC, 1987—1992. Senior fellow The Urban Institute, Washington, 1987-1992, since 1997. He was Director Economic Studies Klynveld Peat Marwick Goerdeler Peat Marwick, 1992-1997. He was an Institute fellow at the Urban Institute and a research associate of the Center for Retirement Research at Boston College. Dr. Penner's distinguished career as as senior government official includes being director of the Congressional Budget Office (1983-1987) and posts at the Council of Economic Advisers, the U.S. Department of Housing and Urban Development, and the Office of Management and Budget. He is past president of the National Economists Club and has advised senior government officials in the United States and many other countries on fiscal policy. |