Michael S. McPherson
W. Van Alan Clark Third Century Professor of
Economics
Co-Director, Mellon Project
Dean of the Faculty
Education
Ph.D., Chicago University, 1974
Fields
Economics of education, financial aid policies in higher education,
economic philosophy, income distribution, and inheritance.
Publications and Working Papers
- Michael McPherson, "Taking Ethics Seriously: Recent
Research on the Relations between Economics and Moral Theory," (with
Daniel M. Hausman) Journal of Economic Literature, July,
1993.
- ___________, Paying the Piper: Productivity, Incentives
and Financing in American Higher Education, with Morton Owen
Schapiro and Gordon C. Winston, The University
of Michigan Press, Ann Arbor, Michigan, 1993.
- ___________, Keeping College Affordable: Government and
Educational Opportunity, with Morton Owen Schapiro, The Brookings
Institution, Washington, D.C., August, 1991.
- __________,"Rethinking the Role of the States and the
Federal Government," Brookings Review, July, 1991.
- __________, "The Student Finance System for Undergraduate
Education: How Well Does It Work?" Change Magazine, May/June,
1991.
- __________"Does Student Aid Affect College Enrollment?
New Evidence on a Persistent Controversy," (with Morton Owen
Schapiro), American Economic Review, March, 1991.
- __________, Selective Admission and the Public
Interest (with Morton Owen Schapiro), The College Board, New York,
1990.
- __________, "Recent Trends in U.S. Higher Education Costs
and Prices: The Role of Government Funding" (with Morton Owen Schapiro
and Gordon C. Winston), American Economic Review
Papers and Proceedings, Vol. 79, No. 2, May, 1989,
pp. 253-257.
- __________, "Appearance and Reality in the Guaranteed
Student Loan Program," in Federal Student Loans: Prospects and
Policy Alternatives, College Board: New York, 1989.
Williams
Economics