Kathleen M. McGarry is a professor of economics at the

University of California, Los Angeles The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California S ...

and a Research Associate of the

National Bureau of Economic Research The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic c ...

. She is also a co-investigator of the

Health and Retirement Survey The Health and Retirement Study (HRS) is a longitudinal survey of a representative sample of Americans over age 50 conducted by the Survey Research Center (SRC) at the Institute for Social Research (ISR) at the University of Michigan in Ann Arbor ...

. From 2007 to 2009, she was Joel Z. and Susan Hyatt ‘72 Professor in the Department of Economics at Dartmouth College. She has served on the Editorial Boards of the American Economic Journal: Public Policy, the American Journal of Health Economics, and the Journal of Pension Economics. She has been awarded numerous teaching awards at UCLA.

Research

McGarry's dozens of publications focus on the economics of aging, including public and private transfers, such as those between parents and children as well as the Supplemental Security Income,

Social Security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...

, and Medicare programs. She has also studied the market for long-term care. Her most-cited paper, with

Amy Finkelstein Amy Nadya Finkelstein (born November 2, 1973) is a professor of economics at the Massachusetts Institute of Technology (MIT), the co-director and research associate of the Public Economics Program at the National Bureau of Economic Research, and ...

, on the long-term care insurance market, was the first work cited in the award of the

John Bates Clark Medal The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge." The award is named after the ...

to Finkelstein. This work showed that there is little relationship between the probability people will need such insurance and the probability that they will purchase this insurance, because people vary in two different ways: how much they believe they will need this insurance, and how cautious they are, and these two different types of variation act in opposite ways.

Selected works

* Finkelstein, Amy, and Kathleen McGarry. "Multiple dimensions of private information: evidence from the long-term care insurance market." American Economic Review 96, no. 4 (2006): 938-958. * Hurd, Michael D., and Kathleen McGarry. "Evaluation of the subjective probabilities of survival in the health and retirement study." Journal of Human resources (1995): S268-S292. * McGarry, Kathleen, and Robert F. Schoeni. "Transfer behavior in the health and retirement study: Measurement and the redistribution of resources within the family." Journal of Human resources (1995): S184-S226. * Hurd, Michael D., and Kathleen McGarry. "The predictive validity of subjective probabilities of survival." The Economic Journal 112, no. 482 (2002): 966-985. * McGarry, Kathleen. "Inter vivos transfers and intended bequests." Journal of Public Economics 73, no. 3 (1999): 321-351.

References

{{DEFAULTSORT:McGarry, Kathleen M. American women economists 20th-century American economists 21st-century American economists University of California, Los Angeles faculty Stony Brook University alumni Living people Health economists Public economists Year of birth missing (living people) 20th-century American women 21st-century American women