Michael D. Hurd

Michael D. Hurd

Director, RAND Center for the Study of Aging; Senior Principal Researcher

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Michael Hurd is a senior principal researcher at RAND, where he directs the RAND Center for the Study of Aging. His research interests cover a wide range of topics in the economics of aging including: the structure of private pensions and Social Security and their effects on retirement decisions; the economic status of the elderly; the determinants of consumption and saving; the use of health care services; methods of assessing uncertainty in a population; bracketing and anchoring effects in the elicitation of economic information; and the relationship between socioeconomic status and mortality. His most recent research focuses on the monetary costs of dementia, and the costs of long-term care. Hurd has a Ph.D. in economics and an M.S. in statistics from the University of California, Berkeley.

Education

Ph.D. in economics, University of California, Berkeley; M.S. in statistics, University of California, Berkeley; B.S. in electrical engineering, University of Utah

Concurrent Non-RAND Positions

Research Associate, NBER; NETSPAR Fellow

Selected Work

  • Hurd, M. D., P. Martorell and K. Langa, "Future Monetary Costs of Dementia in the United States Under Alternative Dementia Prevalence Scenarios.," Journal of Population Ageing, 1(12), 2015
  • Hurd, Michael; Rohwedder, Susann, "Heterogeneity in Spending Change at Retirement," Journal of the Economics of Aging, (1-2), 2013
  • Hurd, M., P. Martorell, A. Delavande, K. J. Mullen and K. M. Langa, "Monetary Costs of Dementia in the United States," New England Journal of Medicine, 368(14), 2013
  • Hurd, M., P. C. Michaud and S. Rohwedder, "The Displacement Effect of Public Pensions on the Accumulation of Financial Assets," Fiscal Studies, 33(1), 2012
  • Hurd, Michael, "Inter-vivos Giving by Older People in the United States: Who Received Financial Gifts from the Childless," Ageing and Society, 29, 2009
  • Hurd, Michael; Rohwedder, Susann, "Methodological Innovations in Collecting Spending Data: The HRS Consumption and Activities Mail Survey," Fiscal Studies, 30(3/4), 2009
  • Hurd, Michael, "Subjective Probabilities in Household Surveys," Annual Review of Economics, 1, 2009
  • Hurd, M., Hudomiet, P. & Rohwedder, S., "The Relationship Between Lifetime Out-of-Pocket Medical Expenditures, Dementia, and Socioeconomic Status in the U.S.," The Journal of the Economics of Aging (forthcoming)

Authored by Michael D. Hurd

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