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In Honor of Kevin M. Murphy: Winner of the John Bates Clark Medal

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  • Finis Welch

Abstract

Kevin M. Murphy is the winner of the 1998 John Bates Clark Medal, presented by the American Economic Association every second year to an outstanding economist under the age of forty who is selected for special recognition. He is the George Pratt Schultz Professor of Business Economics and Industrial Relations in the University of Chicago's Graduate School of Business and is the model of an applied economist. I will survey a selection of his papers, highlighting his accomplisments in three principle areas--income inequality, unemployment, and economic growth--and considering a representative smattering of other topics.

Suggested Citation

  • Finis Welch, 2000. "In Honor of Kevin M. Murphy: Winner of the John Bates Clark Medal," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 193-204, Summer.
    • Handle: RePEc:aea:jecper:v:14:y:2000:i:3:p:193-204
    Note: DOI: 10.1257/jep.14.3.193
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    File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.14.3.193
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    1. George J. Borjas, 2021. "Assimilation, Changes in Cohort Quality, and the Earnings of Immigrants," World Scientific Book Chapters, in: Foundational Essays in Immigration Economics, chapter 2, pages 3-29, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Myeong‐Su Yun, 2009. "Wage Differentials, Discrimination And Inequality: A Cautionary Note On The Juhn, Murphy And Pierce Decomposition Method," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(1), pages 114-122, February.

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    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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