Amy Nadya Finkelstein (born November 2, 1973) is an American economist who 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 the co-Scientific Director of J-PAL North America.[2]

Amy Finkelstein
Born (1973-11-02) November 2, 1973 (age 51)
EducationHarvard University (BA)
University of Oxford (MPhil)
Massachusetts Institute of Technology (PhD)
SpouseBenjamin Olken
Academic career
FieldPublic finance, health economics
InstitutionMassachusetts Institute of Technology
Doctoral
advisor
James M. Poterba
Jonathan Gruber
Doctoral
students
Heidi Williams[1]
Manasi Deshpande
AwardsJohn Bates Clark Medal, 2012
Elaine Bennett Research Prize, 2008
Information at IDEAS / RePEc

She was awarded the 2012 John Bates Clark Medal for her contributions to economics.[3][4][5] She was elected to the National Academy of Sciences[6] and won a MacArthur "Genius" fellowship[7] in 2018.

Education

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Finkelstein studied government at Harvard University, where she was a Truman Scholar and received an BA, summa cum laude, in 1995. At Harvard, her interest in economics was inspired in part by taking economist Lawrence Katz's course "Social Problems in the American Economy".[8] She was a Marshall Scholar at Oxford University, where she received an M.Phil. in economics in 1997. She received her PhD in economics from MIT in 2001 under supervision of James M. Poterba and Jonathan Gruber.[9]

Career

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Finkelstein was a Junior Fellow at the Harvard Society of Fellows for three years, after which she joined the MIT faculty in 2005[10] and received tenure within three years.[8]

In 2016, MIT's School of Humanities, Arts, and Social Sciences named Finkelstein the John and Jennie S. MacDonald Professor for a five-year term.[11] The professorship was established with a gift by Edmund MacDonald, and recognizes Finkelstein's outstanding achievements in the field of economics.[11]

Research

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Finkelstein's primary expertise is in public finance and health economics, focusing particularly on health insurance.[8] She conducts research into market failures and government intervention in insurance markets, and the impact of public policy on health care and health insurance.[12] Together with Katherine Baicker, she is one of two principal investigators of the Oregon Health Insurance Experiment, a randomized evaluation of the impact of expanding Medicaid to low-income adults.[13] Her research has shown that newly enrolled Medicaid patients make more trips overall to providers after acquiring insurance, make more visits to emergency rooms, and benefit financially from having insurance, among other findings.[14] Finkelstein said that the body of research, including her work on the effects of the 2008 Medicaid expansion in Oregon, have made her confident that health insurance improves health.[15]

Awards

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In 2008, Finkelstein was awarded the Elaine Bennett Research Prize by the Committee on the Status of Women in the Economics Profession (CSWEP), for her contributions to the economics profession.[16] In 2012, she was awarded the John Bates Clark Medal from the American Economic Association. The award cited her research as "a model of how theory and empirics can be combined in creative ways".[4] In 2018, Finkelstein received a MacArthur "Genius" Grant.[17]

Personal life

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Finkelstein is Jewish. She was born in New York City in 1973 to biologist parents, who both earned doctorates at The Rockefeller University. In 1940, her mother immigrated to the United States from Poland, where her maternal grandmother had received a doctorate in comparative literature at the University of Warsaw. [18]

Finkelstein is married to MIT economist Benjamin Olken.[8]

Select publications

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  • Baicker, Katherine; Finkelstein, Amy (2011). "The Effects of Medicaid Coverage — Learning from the Oregon Experiment". New England Journal of Medicine. 365 (8): 683–685. doi:10.1056/nejmp1108222. ISSN 0028-4793. PMC 3321578. PMID 21774703.
  • Finkelstein, Amy N.; Taubman, Sarah L.; Allen, Heidi L.; Wright, Bill J.; Baicker, Katherine (2016). "Effect of Medicaid Coverage on ED Use — Further Evidence from Oregon's Experiment". New England Journal of Medicine. 375 (16): 1505–1507. doi:10.1056/nejmp1609533. hdl:1721.1/114043. PMID 27797307. S2CID 30226905.
  • Finkelstein, Amy; Gentzkow, Matthew; Hull, Peter; Williams, Heidi (2017). "Adjusting Risk Adjustment — Accounting for Variation in Diagnostic Intensity". New England Journal of Medicine. 376 (7): 608–610. doi:10.1056/nejmp1613238. PMC 5380362. PMID 28199802.
  • Dobkin, Carlos; Finkelstein, Amy; Kluender, Raymond; Notowidigdo, Matthew J. (2018). "Myth and Measurement — The Case of Medical Bankruptcies". New England Journal of Medicine. 378 (12): 1076–1078. doi:10.1056/nejmp1716604. PMC 5865642. PMID 29562153.

References

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  1. ^ "Williams's CV". Archived from the original on 2019-02-20. Retrieved 2016-09-25.
  2. ^ "Abdul Latif Jameel Poverty Action Lab (J-PAL) North America". Retrieved 15 July 2015.
  3. ^ "MIT economics professor awarded Bates Clark medal". The Boston Globe. 28 April 2012. Archived from the original on July 11, 2012. Retrieved 28 April 2012.
  4. ^ a b "MIT Economist of Health Care Wins John Bates Clark Medal – The Ticker - Blogs - The Chronicle of Higher Education". chronicle.com. 27 April 2012. Retrieved 2018-04-04.
  5. ^ Levin, Jonathan; Poterba, James (2012). "Amy Finkelstein: 2012 John Bates Clark Medalist". Journal of Economic Perspectives. 26 (4): 171–184. doi:10.1257/jep.26.4.171. hdl:1721.1/82879. ISSN 0895-3309.
  6. ^ "Amy Finkelstein". www.nasonline.org. Retrieved 2020-02-22.
  7. ^ Meet the Academics Who Nabbed This Year’s MacArthur ‘Genius’ Grants, Julian Wyllie, The Chronicle of Higher Education, October 4, 2018.
  8. ^ a b c d Dizikes, Peter (April 15, 2020). "A healthy understanding". MIT Technology Review. Retrieved 23 April 2020.
  9. ^ Finkelstein, Amy (2001), Adverse selection and government intervention in life and health insurance markets. Ph.D. dissertation, Massachusetts Institute of Technology.
  10. ^ "Amy Finkelstein – Short Biography". Massachusetts Institute of Technology. Archived from the original on 27 March 2013. Retrieved 28 April 2012.
  11. ^ a b "Nine SHASS faculty members awarded named professorships". MIT News. 10 November 2016. Retrieved 2016-11-10.
  12. ^ "First Study of Its Kind Shows Benefits of Providing Medical Insurance to Poor". The New York Times. 7 July 2011. Retrieved 28 April 2012.
  13. ^ "National Bureau of Economic Research (NBER): Oregon Health Insurance Experiment". Retrieved 15 July 2015.
  14. ^ "Testing their patients". MIT News. May 2017. Retrieved 2017-05-01.
  15. ^ "Will repealing Obamacare really kill 60,000 people?". Washington Post. Retrieved 2017-03-22.
  16. ^ "CSWEP Awards and Prizes". Committee on the Status of Women in the Economics Profession. Archived from the original on 2012-03-15. Retrieved 28 April 2012.
  17. ^ "Amy Finkelstein".
  18. ^ Viegas, Jennifer (2020). "Profile of Amy N. Finkelstein". Proceedings of the National Academy of Sciences. 117 (32). PNAS: 18909–18911. Bibcode:2020PNAS..11718909V. doi:10.1073/pnas.2014396117. PMC 7430994. PMID 32747545.
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