Kevin M. Murphy

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Kevin M. Murphy (* 1958 ) is an American economist. He is a George J. Stigler Professor at the University of Chicago Booth School of Business and a Senior Fellow at the Hoover Institution at Stanford University .

Murphy was awarded the John Bates Clark Medal of the American Economic Association in 1997 for his work on growing wage inequality between blue-collar workers and white-collar workers in the United States, as well as his explanatory approach, which linked increasing wage inequality to the increasing demand for well-trained skilled workers. Murphy's other research areas are growth theory, income inequality, evaluation of medical research, rational dependencies and unemployment.

Murphy is the author of over 60 scientific publications.

In 1989 he became a research fellow of the Alfred P. Sloan Foundation ( Sloan Research Fellow ). In 1998 Murphy was elected to the American Academy of Arts and Sciences . In 2005 he was awarded the prestigious MacArthur Fellowship , often referred to as the genius grant (research funding for geniuses).

Educational path

  • BA (Economics), University of California, Los Angeles, 1981
  • Ph.D. (Economics, Phi Beta Kappa), University of Chicago, 1986 (Dissertation: Specialization and Human Capital).

Significant works

  • Measuring the Gains from Medical Research: An Economic Approach (edited volume with Robert H. Topel) University of Chicago Press, 2003.
  • Social Economics: Market Behavior in a Social Environment (with Gary S. Becker). Cambridge, MA: Harvard University Press (The Belknap Press), 2000.

Web links

personal data
SURNAME Murphy, Kevin M.
BRIEF DESCRIPTION American economist
DATE OF BIRTH 1958