Felix Reichling

Senior Economist, Penn Wharton Budget Model

The Wharton School

University of Pennsylvania

I am an economist with a background in public policy analysis and macroeconomic research. I currently work on analyzing healthcare policy using a stochastic heterogeneous-agent overlapping-generations (OLG) model. My broader interests are to better understand how households insure against shocks to their health, income, and wealth. Together with Kent Smetters, I won the 2016 TIAA Paul A. Samuelson Award For Outstanding Scholarly Writing on Lifelong Financial Security for our paper on Optimal Annuitization.

Before joining Penn, I was Chief of the Fiscal Policy Analysis Unit in the Congressional Budget Office’s Macroeconomic Analysis Division, where I was responsible for leading a staff of about seven PhD economists in conducting research, model development, and producing CBO publications on how changes in fiscal policy affect the economy and how those changes feed back into the budget (dynamic scoring). Prior to coming to CBO, I worked as an economic consultant.