NBER Profile: Josepb P. Newhouse.

• Position: Brief Article

Joseph P. Newhouse, an NBER Research Associate in the Programs on Health Care, Health Economics, Children, and Productivity, is the John D. MacArthur Professor of Health Policy and Management at Harvard University. He is a member of the faculties of Harvard's John F. Kennedy School of Government, the Harvard Medical School, the Harvard School of Public Health, and the Faculty of Arts and Sciences.

Newhouse received both his B.A. and Ph.D. degrees in Economics from Harvard University. He spent the first 20 years of his career at RAND, where he designed and directed the RAND Health Insurance Experiment, a project that ran from 1971 to 1988 and studied the consequences of different ways of financing medical services. From 1981 to 1985 he was also Head of the RAND Economics Department.

In 1981 Newhouse became the founding editor of the Journal of Health Economics, which he continues to edit. He is currently a member of the Medicare Payment Advisory Commission, which reviews Medicare payment policy and makes recommendations to the Congress. He has been elected to the Institute...