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Laura D. Tyson - Haas School of Business, University of California, Berkeley. Berkeley, CA, US

Laura D. Tyson Laura D. Tyson

Distinguished Professor of the Graduate School | Haas School of Business, University of California, Berkeley

Berkeley, CA, UNITED STATES

Influential scholar of economics and public policy; expert on trade and competitiveness

Spotlight

Social

Areas of Expertise (7)

Disruption

Global Economy

U.S. Trade Policy

High-Technology Competition

Automation

Artificial Intelligence

Women's Economic Empowerment

About

Laura D’Andrea Tyson is an influential scholar of economics and public policy and an expert on trade and competitiveness who has also served as a presidential adviser. She is a Distinguished Professor of the Graduate School at the Haas School of Business, University of California, Berkeley. She also chairs the Board of Trustees at UC Berkeley’s Blum Center for Developing Economies, which aims to develop solutions to global poverty. She is the former Faculty Director of the Berkeley Haas Institute for Business and Social Impact, which she launched in 2013. She served as Interim Dean of the Haas School from July to December 2018, and served previously as dean from 1998 to 2001.

Tyson was a member of President Clinton’s cabinet between 1993 and 1996. She served as Chair of the President’s Council of Economic Advisers from 1993 to 1995 and as Director of the White House National Economic Council from 1995 to 1996. She was the first woman to serve in those positions.

Much of Tyson’s recent research focuses on the effects of automation on the future of work. She is the Co-organizer of WITS (Work and Intelligent Tools and System), an interdisciplinary faculty group created to explore the impacts of digital technologies and artificial intelligence on working, earning, and learning.

She has also devoted considerable policy attention to the links between women’s rights and national economic performance. At the World Economic Forum (WEF), she is a member of the Global Future Council on the New Agenda for Equity and Social Justice. She is the co-author of the WEF Annual Global Gender Gap Report, which ranks nations on economic, political, education, and health gender gaps. She is also the co-author of Leave No One Behind, a report for the United Nations’ High-Level Panel on Women’s Economic Empowerment (2016).

In addition to serving as dean of Berkeley Haas, Tyson served as dean of London Business School from 2002 until 2006. She serves on three corporate boards and several advisory boards for several nonprofit and for-profit organizations.

Tyson is the author of numerous reports, case studies, academic papers and books on competitiveness, industrial policy, international trade, and sustainable business practices. She is also regular contributor to Project Syndicate, and is a frequent media commentator on issues of U.S. and global trade and economics, high-tech competition, automation and artificial intelligence, and women’s economic empowerment.

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Education (2)

Massachusetts Institute of Technology: Ph.D., Economics

International Trade, Economic Development, Macroeconomics

Smith College: B.A. summa cum laude, Economics

Phi Beta Kappa Smith College Prize for Distinguished Work in Economics

Honors & Awards (4)

Honorary Degrees

University of Lausanne, Faculty of Business and Economics, 2011 American University, 1995 Smith College, 1994

Fellowships & Grants

Richard C. Holbrooke Fellowship, American Academy in Berlin, 2019 2012 NACD DIRECTORSHIP 100 Most Influential People in Corporate Governance London Business School Fellow, 2010 National Fellows Program Fellowship, Hoover Institution, 1978-1979 American Council of Learned Societies Grant, Spring Term 1977, 1978, 1979 Sloan Foundation Grant, Summer 1976 Massachusetts Institute of Technology, NDEA TITLE IV Fellowship; Fulbright Fellowship; International Research and Exchanges Board Study Grant

Elected Member, Council on Foreign Relations

1987

Teaching Awards

Club 6 Member, Haas School of Business, 2008, 2010, 2011 and 2015: Award for teaching excellence based on student recommendations Berkeley, Distinguished Teaching Award, University of California, Spring 1982

Selected External Service & Affiliations (24)

  • (Selected list - please see curriculum vitae for full list of affiliations)
  • Board of Trustees, Bay Area Council Economic Institute
  • Organizer, Berkeley Work and Intelligent Tools and Systems (WITS)
  • Advisory Council: The Brookings Institution, Hamilton Project; Social Finance US
  • Senior External Advisor, McKinsey Global Institute
  • Economic Advisory Council and Board of Trustees, Center for American Progress
  • Editorial Advisory Board: Y-Analytics; The International Economy
  • Task Force Member, Rework America, Markle Foundation
  • Berggruen Institute: Think Long Committee for California; 21st Century Council
  • International Advisory Council, Bocconi University
  • Member of Corporate Boards: CBRE Group Inc.; Lexmark International Inc.; Apex Swiss Holdings SARL
  • 2016 – 2017: President’s Council of Advisors on Science and Technology, Semiconductor Working Group
  • 2011 – 2013: Member, President Obama’s Council on Jobs and Competitiveness
  • 2009 – 2011: President’s Economic Recovery Advisory Board
  • 2011 – 2013: Member, US Department of State, Foreign Affairs Policy Board
  • Senior Advisor: The Rock Creek Group; Rockefeller Capital Management
  • Special Advisor: Berkeley Research Group
  • Global Economy Fellow, MasterCard Center for Inclusive Growth
  • Advisory Board: Angeleno Group, LLC; Generation Investment Management; Morgan Stanley Institute for Sustainable Investing; H & Q Asia Pacific
  • Global Policy Advisor, GSG
  • Board member: Opportunity Institute; The Sustainability Accounting Standards Board Foundation; Philanthropy University
  • Board Member, Stem, Inc.
  • Co-chair, California Governor’s Council of Economic Advisors
  • Commission d'experts sur les grands défis économiques, French President Emmanuel Macron

Positions Held (3)

Current Academic Positions

2016 – present: Distinguished Professor of the Graduate School, Haas School of Business, UC Berkeley 2006 – present: Chair, Board of Trustees, Steering Committee Member, Blum Center for Developing Economies, UC Berkeley 2019 – Present: Founder and Co-Faculty Director, Sustainable and Impact Finance Initiative, Institute for Business & Social Impact, Haas School of Business, UC Berkeley 2019 – Present: Faculty Director, Berkeley Haas Blockchain Initiative, Institute for Business & Social Impact, Haas School of Business, UC Berkeley

Past Academic Positions

August 2019 – July 2020: Interim Director, Institute for Business & Social Impact, Haas School of Business, University of California, Berkeley 2013 – 2019: Faculty Director, Institute for Business & Social Impact, Haas School of Business, University of California, Berkeley July - Dec. 2018: Interim Dean, Haas School of Business 1992 – 2016: Professor of Business Administration and Economics, Haas School of Business, UC Berkeley 2008 – 2013: S. K. and Angela Chan Chair in Global Management, Haas School of Business 2002 - 2006: Dean, London Business School 1998 – 2001: Dean, Haas School of Business 1997 – 1998: Class of 1939 Professor of Economics and Business Administration, UC Berkeley 1978 - 2006: Assistant Professor, Associate Professor, and Professor of Economics, UC Berkeley 1990 – 1992: Director of the Institute of International Studies, UC Berkeley 1988 – 1992: Director of Research, Berkeley Roundtable on the International Economy, UC Berkeley 1974 - 1977: Assistant Professor, Department of Economics, Princeton University

Past Government Positions

1995 – 1996: Chairman, National Economic Council, Executive Office of the President of the United States of America 1993 – 1995: Chairman, White House Council of Economic Advisers, Executive Office of the President of the United States of America

Media Appearances (15)

Project Syndicate - Monthly Column

Project Syndicate  online

Monthly Columnist for Project Syndicate since 2012.

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From California Capitalism to Bidenomics

Project Syndicate  online

2021-05-28

Pres. Biden’s ambitious spending and investment plans are precisely what the U.S. economy needs to thrive in the 21st century, writes Distinguished Professor of the Graduate School Laura Tyson and co-author Lenny Mendonca. The economic strategy being pursued at the national level has already proven highly successful in California, which has pioneered innovation-based sustainable and inclusive growth, she writes.

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What Post-Pandemic Repair Could Look Like

The Atlantic  online

2021-05-25

Laura Tyson, Distinguished Professor of the Graduate School, co-authored a paper on the urgency of a new federal stimulus program. She says the federal government must provide more generous and flexible funding for state and local governments. “Governors and mayors across the country are pleading for help ahead of a challenging winter,” she writes. “Most states and cities have exhausted rainy-day funds and are facing a collective shortfall of $400 billion or more, according to the most recent estimates.”

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Climate action is needed to protect the wine industry

Napa Valley Register  online

2021-05-07

Drought, extreme heat, wildfires, power outages, and smoke have become part of the new normal in Napa Valley, and in all wine growing regions in the western United States. A broader global adoption of a tax on carbon emissions is perhaps the most effective mechanism to curb climate change, said Laura Tyson, Distinguished Professor of the Graduate School.

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Will there be enough good jobs?

MIT Technology Review  online

2021-04-28

In a chapter in the book “Combating Inequality: Rethinking Government's Role” Laura Tyson, Distinguished Professor of the Graduate School, discusses technological change, income inequality, and the need for good jobs. "A major question is not whether there will be enough jobs but whether there will be enough good jobs—jobs that provide middle-class earnings, safe working conditions, legal protections, social protections, and benefits (e.g., unemployment and disability benefits, health benefits, family benefits, pensions)," she writes.

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Productivity After the Pandemic

Project Syndicate  online

2021-04-20

With vaccines being rolled out and states pushing supportive fiscal and monetary policies, the U.S. economy is poised to return to its pre-pandemic output, writes Laura Tyson, Distinguished Professor of the Graduate School. The labor-market recovery, however, will be much slower and unevenly distributed. Given the significant shortfalls in public infrastructure that have developed over decades of underinvestment, the Biden administration’s new plan could boost overall investment in the short run and growth in the long run.

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Democrats have a chance to invest in economic growth for all after years of frustration

CNN  online

2021-04-04

The $2.25 trillion infrastructure put forth by the Biden administration would invest in transportation, manufacturing, schools, broadband, water systems, care-giving services, and clean energy. Distinguished Professor of the Graduate School Laura Tyson said the Democrat's time has finally come to make this happen.

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The economic argument for infrastructure

Yahoo!  online

2021-04-02

Pres. Biden has officially announced the first part of a long-awaited infrastructure package dubbed the “American Jobs Plan.” The $2 trillion proposal would make significant investments in traditional physical infrastructure, such as roads, bridges, and utilities, as well as largely unprecedented funding for many healthcare services and research and development efforts. Distinguished Professor of the Graduate School Laura Tyson said the money invested could be a significant contributor to economic growth.

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UC Berkeley's Tyson on Biden's $3T Infrastructure Plan

Bloomberg  tv

2021-03-26

Interviewed on Bloomberg TV, Laura Tyson, Distinguished Professor of the Graduate School, said she's hopeful about the scope of Pres. Biden's plan to boost the country's infrastructure.

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What Drives Interest Rates? Old Question Is Key to New Economics

Bloomberg  online

2021-03-21

The new consensus in economics is that it’s fine for governments to borrow and spend money, as long as they can get hold of it cheaply. But economists find it hard to predict long-run interest rates. “The greatest area of uncertainty in any forecast is really the forecast of interest rates,” said Laura Tyson, Distinguished Professor of the Graduate School. “The profession has not been great at timing either the direction or the amount.”

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The Post-Pandemic Labor Market’s Long-Term Scars

Project Syndicate  online

2021-03-17

Even before the pandemic, African-Americans, Latinx, women, and workers without a post-secondary education faced dimming prospects as a result of automation and other trends, writes Laura Tyson, Distinguished Professor of the Graduate School. Now, these forces have been strengthened, creating an even bigger mismatch between worker qualifications and available jobs.

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Op-Ed: How COVID-19 will change the low-wage labor market permanently

Los Angeles Times  online

2021-03-17

The potential mismatch between future skill requirements and available jobs presents an opportunity to reimagine work and the workplace for employers of all sizes, writes Laura Tyson, Distinguished Professor of the Graduate School. But it also increases the urgency of funding and creating effective training and income-support programs for workers who are forced to shift occupations because of the pandemic.

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COVID-19 after one year: What will the future bring?

CBC News - Sunday Morning  tv

2021-03-07

Asked to prognosticate, Laura Tyson, former Haas dean and Distinguished Professor of the Graduate School, said that COVID-19 is accelerating existing economic trends. "I already was convinced that we were going to see more and more digitization of work, more and more automation of work, more and more erosions of jobs that you would call middle-skill, middle-income jobs." She added that there will probably be a bump in both low and high-skill jobs, with a "barbell" effect. "Everything I have heard from the surveys or seen from the evidence is that COVID is just accelerating all of that."

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This week on "Sunday Morning"

CBS News - Sunday Morning  online

2021-03-07

It has been 12 months since the coronavirus outbreak in the United States began. This Sunday's CBS News show will take stock of what we've been through—and perhaps what's to come in the pandemic's fallout—with a panel of experts, including former Haas Dean Laura Tyson, Distinguished Professor of the Graduate School.

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Bond Voyage

NPR Planet Money  online

2021-02-24

Laura Tyson, former Haas dean and Distinguished Professor of the Graduate School, is interviewed on this radio show about how concerned former Pres. Bill Clinton was when both government deficits and interest rates were going up.

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Working Papers (1)

Automation and the Future of Work in Germany

A Summary of Research and Policy Recommendations

2020-08-01

Automation and the digitization of work are having significant effects on the German labor market and are challenging policymakers to modernize the existing and proven instruments of Germany’s distinctive “social market” economy. The COVID19 pandemic is accelerating the pace and scope of these technological changes and intensifying their effects on how work is done. To inform the modifications in policies and institutions necessary to achieve the goals of Germany’s social market system, it is necessary to understand these effects and to predict how they are likely to develop in a post-pandemic future. This report addresses these questions based on research by both German and international scholars and organizations and on interviews with economists, policy-makers and business and labor leaders in Germany. The report focuses in particular on how automation, broadly defined to encompass a variety of technologies including robots, software, digital systems and platforms, and artificial intelligence, is changing the size and composition of employment, the level and distribution of wages, and the educational and skill requirements for different kinds of work, and on the policy implications of these changes.

Selected Papers & Publications (13)

Quantitative Greening

Special Edition Magazine, Fall 2019: Sustainability

Laura Tyson and Afsaneh Beschloss

2019-10-14

"In the years since the signing of the Paris climate agreement, many of the world's central banks and leading financial regulatory authorities have started to create new tools to assess and manage climate-related financial risks. Behind these efforts is a shared realization: there can be no climate stability without financial stability."

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The Progressive Resurgence of Federalism

Stanford Social Innovation Review

Laura Tyson and Lenny Mendonca

2018

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The New Era of Progressive Federalism

New America

Laura Tyson and Lenny Mendonca

2018

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Globalization Is Not in Retreat: Digital Technology and the Future of Trade

Foreign Affairs

Laura Tyson and Susan Lund

2018

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Entrepreneurs: Spread the Start-Up Wealth Around

Democracy Journal

Laura Tyson and Lenny Mendonca

2016

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The Promise of Digital Finance

European Financial Review

Laura Tyson & Susan Lund

2017

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Better Ventures: Backing Entrepreneurs, Building a Better World

Berkeley Haas Case Studies

Laura Tyson and Jennifer Walske

2017

Bridges Fund Management

Berkeley Haas Case Studies

Laura Tyson and Jennifer Walske

2017

Leave No One Behind: A Call to Action for Gender Equality and Women's Economic Empowerment

Report of the UN Secretary-General's High-Level Panel on Women's Economic Empowerment

Laura Tyson and Jeni Klugman

2016

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Sanergy: Tackling Sanitation in Kenyan Slums

Berkeley Haas Case Studies

Laura Tyson and Jennifer Walske

2016

Entrepreneurs: Spread the Start-Up Wealth Around

Democracy Journal

Laura Tyson and Lenny Mendonca

2016

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Revolution Foods

Berkeley Haas Case Studies

Laura Tyson and Jennifer Walske

2015

Trade USA

Berkeley Haas Case Studies

Laura Tyson and Jennifer Walske

2015