Joseph Tham, Visiting Assistant Professor of Public Policy Studies, Duke Center for International Development  

Joseph Tham

Office Location: 272 Rubenstein Hall
Office Phone: +1 919 613 9234, +1 919 613 9215
Email Address: thamjx@duke.edu
Web Page:www.cashflow88.com

Areas of Expertise:
Economics
International Development
Public Finance

Education:
Ed.D (Administration, Planning and Social Policy), Harvard University, 1994
A.B. (Mathematics), Occidental College, Los Angeles, CA 90041, 1983

Typical Courses Taught:

  • Pubpol 384a, Empir analysis for econ dev
  • Pubpol 262s, Sem applied project eval

Recent Publications   (More Publications)   (search)

  1. J. Tham. "Coinciden EVA© y flujo de Caja Descondado?." Poliantea (May, 2004).
  2. J. Tham & Sabin, L.. "Conceptual Issues in Financial Risk Analysis: A review for practitioners." The ICFAI Journal of Financial Risk Management (March, 2004).
  3. J. Tham and Velez-Paraja, I.. Principles of cash flow valuation. Academic Press, 2004.
  4. Wonder, N., Tham, J. et al.. "Comment on "The value of tax shields is NOT equal to the present value of tax shields." Quarterly Review of Economics and Finance (2004).
  5. Glenday, G. & tham, J.. "What weights in the WACC?." Sanford Institute Working Paper  (June, 2003).

Bio/Profile
Joseph Tham is a Visiting Assistant Professor at Duke University’s Sanford Institute of Public Policy and the Duke Center for International Development. Tham is a social sector economist, with a doctorate in education from Harvard University, who is especially interested in the application of cost benefit analysis to health, nutrition and education, and holds.

At the Center for International Development, Tham is the co-director of the 18-week Executive Development Program in Public Policy and Management for the State Administration for Foreign Experts Affairs (SAFEA), People’s Republic of China. In addition, he directs other short-term executive training programs.

His main research interests are cost benefit analysis, broadly defined, as well as risk analysis and econometric forecasting models. He has been working on the improvement of infrastructure investments in the public sector and is currently examining the issue of market-based tariff regulation in the power sector in developing countries.

He teaches courses on project appraisal and empirical analysis for economic development. In 2005 he taught a course on Cash Flow Valuation in the economics department.

In collaboration with Ignacio Velez-Pareja, Tham has written a book titled Principles of Cash Flow Valuation, which was published by Academic Press in 2004. His numerous papers on cash flow valuation, project evaluation, cost of capital and risk analysis are available on the website of the Social Science Research Network (SSRN) at http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=204394 and www.cashflow88.com.

In 2002 and 2003 Tham lectured on project appraisal in the “China’s Leaders in Development” program at Harvard University’s Kennedy School of Government. From 1996-2001 he lectured at the Fulbright Economics Teaching Program, a training program managed by Harvard University, in Ho Chi Minh City, Vietnam.

Tham has worked in China, Guatemala, India, Malaysia, Saudi Arabia, Sri Lanka, Uganda, Vietnam and Zambia.