Michael Grossman (economist)
Michael Grossman (born 1942) is an American health economist and economics professor at City University of New York Graduate Center (CUNY). He has directed the Health Economics Program at the National Bureau of Economic Research (NBER) since 1972. Grossman was an early contributor to New Home Economics (NHE).
Grossman received his bachelor's degree from Trinity College in 1962. He received his master's degree from Columbia University, before completing his doctorate in economics in 1970. In 1966, Grossman was hired as a research assistant by Victor Fuchs 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 is co-editor of the Review of Economics of the Household 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. Grossman has argued for a causal relationship between schooling and health.
- Mullner, Ross M. (2009). "Grossman, Michael". Encyclopedia of Health Services Research. Los Angeles: Sage. pp. 450–451. ISBN 978-1-4129-5179-1.
- Grossman, Michael (1972), "On the Concept of Health Capital and the Demand for Health", Journal of Political Economy 80 (2): 223–255, doi:10.1086/259880
- Grossman, Michael (2004). "The demand for health, 30 years later: a very personal retrospective and prospective reflection" (PDF). Journal of Health Economics 23 (4): 629–636. doi:10.1016/j.jhealeco.2004.04.001.