NBER Profile: Joseph P. Newhouse
Joseph P. Newhouse is a Research Associate in the NBER's programs on Health Care, Health Economics, Productivity, and Children.
Newhouse is the John D. MacArthur Professor of Health Policy and Management at Harvard University, as well as the Director of the Division of Health Policy Research and of the Interfaculty Initiative on Health Policy. He is a member of the faculties of the John F. Kennedy School of Government, the Harvard Medical School, the Harvard School of Public Health, and the Faculty of Arts and Sciences at Harvard.
Newhouse is a Fellow of the American Academy of Arts and Sciences and an elected member of the Institute of Medicine. He was the founding editor of the Journal of Health Economics, which he continues to edit, and is a member of the editorial board of The New England Journal of Medicine. He has received the David Kershaw Prize of the Association of Public Policy and Management, the Distinguished Investigator Award of the Association for Health Services Research, the Kenneth J. Arrow award, the Zvi Griliches award, and the Paul A. Samuelson Certificate of Excellence for his writings.
He received a B.A. and Ph.D. in Economics from Harvard University and was a Fulbright scholar in Germany. Prior to joining the Harvard faculty, Newhouse worked for twenty years as an economist at the RAND Corporation.
In the 1970s and 1980s, Newhouse directed the RAND Health Insurance Experiment, which studied the consequences of different ways of financing medical services. Newhouse continues to work on many issues related to health care costs, financing, and quality. His most recent book is Pricing the Priceless: A Health Care Conundrum.