Michael Grossman (born 1942) is an American health economist and economics professor emeritus at the

City University of New York Graduate Center The Graduate School and University Center of the City University of New York (CUNY Graduate Center) is a public research institution and post-graduate university in New York City. Serving as the principal doctorate-granting institution of the C ...

(CUNY). He directed the Health Economics Program at 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 ...

(NBER) from 1972 to 2020. Grossman was an early contributor to

New Home Economics Gary Stanley Becker (; December 2, 1930 – May 3, 2014) was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of ...

(NHE). Grossman received his bachelor's degree from Trinity College in Hartford, Connecticut in 1964. He received his doctorate in economics from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

in 1970. In 1966, Grossman was hired as a research assistant by

Victor Fuchs Victor Robert Fuchs (born January 31, 1924) is an American health economist. Career He is an emeritus professor at Stanford University. Since 1962, he has been a research associate at the National Bureau of Economic Research and is the co-direc ...

at NBER. In 1972, he was hired by CUNY as a visiting assistant professor. He earned his professorship in 1978 and in 1988 became Distinguished Professor of Economics. From 1983 to 1995, he chaired the University's doctoral economics program. Grossman was co-editor of the ''

Review of Economics of the Household The ''Review of Economics of the Household'' is a peer-reviewed academic journal established in 2001 by Shoshana Grossbard and first published in 2003. It publishes empirical and theoretical research on the economic behavior and decision-making p ...

'' from 2005 to 2017, and was the inaugural recipient of the Victor Fuchs Award for Lifetime Contributions to the Field of Health Economics, presented by the American Society of Health Economists in 2008. His 1972 model of health production has been extremely influential in

health economics Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare. Health economics is important in determining how to improv ...

. Grossman's work on health economics was inspired by his professors

Gary Becker Gary Stanley Becker (; December 2, 1930 – May 3, 2014) was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of ...

and

Jacob Mincer Jacob Mincer (July 15, 1922 – August 20, 2006), was a father of modern labor economics. He was Joseph L. Buttenwieser Professor of Economics and Social Relations at Columbia University for most of his active life. Biography Born in Tomaszów ...

, the founders of the

. Grossman has argued for a causal relationship between schooling and health.

References

{{DEFAULTSORT:Grossman, Michael 1942 births Living people Economists from New York (state) Health economists Columbia Graduate School of Arts and Sciences alumni Graduate Center, CUNY faculty Education economists 21st-century American economists Members of the National Academy of Medicine