Thomas Masterson is director of applied micromodeling and a research scholar working primarily on the Levy Institute Measure of Economic Well-Being (LIMEW) within the Distribution of Income and Wealth program. The LIMEW is an alternative, household-based measure that reflects the resources that the household can command for facilitating current consumption or acquiring physical or financial assets. With other Levy scholars, Masterson was also involved in developing the Levy Institute Measure of Time and Income Poverty and applying it to the study of poverty in Latin America.
Masterson's specific research interests include the distribution of land, income, and wealth. He received a Ph.D. in economics from the University of Massachusetts, Amherst, and is the co-editor of Solidarity Economy I: Building Alternatives for People and Planet—Papers and Reports from the 2009 U.S. Forum on the Solidarity Economy, 2010.