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Michael D. Hurd

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Contact Information

1766 Main Street
Santa Monica, CA 90401-3208
Phone: 310.393.0411 x6945


B.S., University of Utah, Salt Lake City, UT
M.S. and Ph.D., University of California, Berkeley, CA

Health and Retirement Study
Web site(leaving this site)      Curriculum Vitae

Research and Projects

Dr. Hurd's 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. Dr. Hurd's most recent research focuses on the monetary costs of dementia, and the costs of long-term care.

Selected Recent Publications

Hurd, M., P. C. Michaud and S. Rohwedder. The Displacement Effect of Public Pensions on the Accumulation of Financial Assets. Fiscal Studies 33(1): 107-128 [2012]

Hurd, M. and S. Rohwedder. Trends in Labor Force Participation: How Much is Due to Changes in Pensions?. Journal of Population Ageing 4(1-2): 81-96 [2011]

Hurd, M., M. Van Rooij and J. Winter. Stock Market Expectations of Dutch Households. Journal of Applied Econometrics 26(3): 416-436 [2011]

Hurd, M. and S. Rohwedder. Methodological Innovations in Collecting Spending Data: The HRS Consumption and Activities Mail Survey. Fiscal Studies 30(3-4): 435-459 [2009]

Hurd, M.. Subjective Probabilities in Household Surveys. Annual Review of Economics 1: 543-562 [2009]

Plassman, B. L., K. M. Langa, G. G. Fisher, S. G. Heeringa, D. R. Weir, M. B. Ofstedal, J. R. Burke, M. Hurd, et al. Prevalence of Dementia in the United States: The Aging, Demographics, and Memory Study. Neuroepidemiology 29(1-2): 125-132 [2007]

Hurd, MD and Kapteyn, A. Health, Wealth, and the Role of Institutions. Journal of Human Resources, XXXVIII (2), Spring 2003, pp. 386-415. [2003]

Adams, P, Hurd, MD, McFadden, D, Merrill, A, and Ribeiro, T. Healthy, Wealthy and Wise? Tests for Direct Causal Paths between Health and Socioeconomic Status. Journal of Econometrics, 112 (1), 2003, pp. 3-56. [2003]

Hurd, Michael D., Darius Lakdawalla, Dana P. Goldman, Jay Bhattacharya, Geoffrey F. Joyce, and Constantijn W.A. Panis. Forecasting the Nursing Home Population. Medical Care, 2003, pp. 8-20 [2003]

Hurd, Michael D.. Leaving Bequests: by Accident or by Design?. Death and Dollars, Alicia Munnell and Anika Sunden, eds., 2003, Washington: The Brookings Institution Press, pp. 93-118 [2003]

Hurd, Michael D., F. Thomas Juster and James P. Smith. Enhancing the Quality of Data on Income: Recent Innovations from the HRS. Journal of Human Resources, 38 (3), Summer, 2003, pp. 758-772 [2003]

Hurd, M. and K. McGarry. The Predictive Validity of Subjective Probabilities of Survival. Economic Journal 112(482): 966-985 [2002]

Hurd, MD. Portfolio Holdings of the Elderly. Household Portfolios, Luigi Guiso, Michael Haliassos, and Tullio Jappelli, eds., Cambridge, MA: MIT Press, pp 431-472. [2001]

Hurd, MD, McFadden, D, Chand, H, Gan, L, Merrill, A, and Roberts, M. Consumption and Saving Balances of the Elderly: Experimental Evidence on Survey Response Bias. Frontiers in the Economics of Aging, D. Wise, ed., Chicago: University of Chicago Press, pp 353-387. [1998]

Hurd, MD. Research on the Elderly: Economic Status, Retirement, and Consumption and Saving. Journal of Economic Literature, 28 (June, 1990), pp. 565-637. [1990]

Hurd, MD. Mortality Risk and Bequests. Econometrica, 57 (July, 1989), pp. 779813. [1989]

Hurd, M.. The Economic Status of the Elderly. Science. 244(4905): 659-664 [1989]

Hurd, M.. Savings of the Elderly and Desired Bequests. American Economic Review 77(3): 298-312 [1987]

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