Kevin M. Murphy

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

Murphy was in 1997 with the John Bates Clark Medal of the American Economic Association, honored for his work in the field of increasing wage inequality between workers and employees in the U.S., and his explanation that put the increasing wage inequality with the increasing demand for well- trained professionals in connection. Other research areas Murphys growth theory, income inequality, evaluation of medical research, rational dependencies and unemployment.

Murphy is the author of over 60 scientific publications.

On 20 September 2005 he was awarded the prestigious MacArthur Fellowship, which is often referred to as a "genius grant" ( research funds for geniuses ).

Education

  • B. A. ( 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.
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