Miles Kimball

Miles S. Kimball is an American economist and professor of Economics and Research Professor of Survey Research at the University of Michigan. He also holds the Jon M. Huntsman Presidential Visiting Professorship at Utah State University, and is the advisory editor for Economics Letters.

Biography

Kimball graduated with a bachelor's degree in economics from Harvard University in 1982. He then received a master's degree in linguistics from Brigham Young University. In 1987, he graduated with a Ph.D in economics from Harvard and won the Wells prize for the best Harvard dissertation in economics. He became an Assistant Professor at University of Michigan in 1987 and an Associate Professor in 1993. In 1999 he became both professor of economics and research professor of survey research.

Research contribution

His general areas of expertise are macroeconomics and cognitive economics.

He is especially known for his important work in the areas of precautionary saving and survey measurement of preference parameters. Kimball (1990) first defined the prudence index to measure the intensity of the precautionary motive.[1] He was also awarded the Samuelson Prize Certificate of Excellence for his work in survey measurement of preference parameters.[2] He also has published well cited articles often in the fields of labor market dynamics, and the economics of uncertainty.[3][4]

References, Sources

  1. ↑ Kimball, M., 1990. "Precautionary Saving in the Small and in the Large," Econometrica,pp. 53-73
  2. ↑ Barsky, B., Juster, F. T., Kimball, M. and Shapiro, M., 1997. "Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study," Quarterly Journal of Economics, pp.537-579.
  3. ↑ Kimball, M., 1993. "Standard Risk Aversion," Econometrica, pp.589-611
  4. ↑ Basu, S., Fernald, J., and Kimball, M., 2006. "Are Technology Improvements Contractionary?" American Economic Review, pp. 1418-1448

External links