Neale Mahoney

Neale Mahoney (born 1982)[1] is a Professor of Economics at Stanford University and the inaugural George P. Shultz Fellow at the Stanford Institute for Economic Policy Research.[2] He is also a Research Associate at the National Bureau of Economic Research. In 2022-2023, Mahoney served in the Biden Administration's National Economic Council as a Special Policy Advisor for Economic Policy.[3][4]

Neale Mahoney
Born1982 (age 40โ€“41)
Academic career
InstitutionsStanford University
FieldPublic finance, industrial organization, health economics
Alma mater
Doctoral
advisor
Jonathan Levin, Liran Einav, Caroline Hoxby
Awards

Education and career

Mahoney earned a Bachelor of Science from Brown University in applied mathematics-economics in 2005, where he received the Samuel C. Lamport Prize for the best undergraduate thesis in economics. He completed a Master of Arts and Ph.D. in economics at Stanford University in 2011, where he was a George P. Shultz Scholar and Ric Weiland Fellow.[1]

In college, Mahoney played for the Brown Men's Ultimate team, winning a National Championship in 2005.[5] He coached the Stanford Men's Ultimate team to a quarter-final appearance in the 2011 National Championships.[6]

Mahoney was an Robert Wood Johnson Foundation Scholar in Health Policy Research at Harvard in 2011-2012[7] and taught at the University of Chicago Booth School of Business from 2013 to 2020, where he was the David G. Booth Faculty Fellow. He joined Stanford in 2020 as Professor of Economics.[8][1]

Research

Mahoney is an applied microeconomist whose research focuses on topics in health economics and consumer finance. His research on credit card markets has shown the consumer benefits of regulating hidden fees[9] and the limited pass-through of interest rate cuts to low credit score borrowers.[10] In research on credit card repayments, he found that consumers followed a balance-matching heuristic, rather than allocating their payments to the card with highest interest rate.[11]

Mahoney's research on medical debt has received widespread media attention,[12][13] and was featured in a segment on the CBS Evening News.[14] His work on hospitals suing patients over unpaid medical bills has also been broadly covered.[15][16] A 2005 paper co-authored by Elizabeth Warren entitled "Illness And Injury As Contributors To Bankruptcy" helped to spark Mahoney's interest in the economics of medical bankruptcy.[17]

In 2016, Mahoney was named a Sloan Research Fellow, given to early-career scientists and scholars of outstanding promise.[18] In 2021, Mahoney received the ASHEcon Medal for researchers aged 40 and under who have made significant contributions to the field of health economics.[19]

References

  1. Mahoney, Neale (2021). "Curriculum vitae: Neale Mahoney" (PDF).
  2. "Faculty fellowship named in honor of George P. Shultz at SIEPR | Stanford Institute for Economic Policy Research (SIEPR)". siepr.stanford.edu. 2 February 2021. Retrieved 2021-12-30.
  3. "Neale Mahoney joins Biden White House | Department of Economics". economics.stanford.edu. Retrieved 2022-12-23.
  4. Tani, Max; Thompson, Alex. "He got game diplomacy". POLITICO. Retrieved 2023-02-23.
  5. "Ultimate News: 2005 Summer by USA Ultimate - Issuu". issuu.com. Retrieved 2023-02-23.
  6. Ky Lewis (November 29, 2010). "Stanford Bloodthirsty โ€“ 2011 Preview". Skyd Magazine. Retrieved 2023-02-23.
  7. "Alumni | Scholars in Health Policy Research". www.healthpolicyscholars.org. Retrieved 2023-02-23.
  8. "Bio | Neale Mahoney". nmahoney.people.stanford.edu. Retrieved 2021-12-30.
  9. Norris, Floyd (2013-11-07). "Card Act Cleared Up Credit Cards' Hidden Costs". The New York Times. ISSN 0362-4331. Retrieved 2023-02-23.
  10. "All credit to them". The Economist. ISSN 0013-0613. Retrieved 2023-02-23.
  11. "Analysis | Most people are paying off their credit card debt all wrong โ€” are you?". Washington Post. ISSN 0190-8286. Retrieved 2023-02-23.
  12. Kliff, Sarah; Sanger-Katz, Margot (2021-07-20). "Americans' Medical Debts Are Bigger Than Was Known, Totaling $140 Billion". The New York Times. ISSN 0362-4331. Retrieved 2022-01-12.
  13. "Medical debt is hitting hardest for people in the South". Marketplace. 2021-08-16. Retrieved 2022-01-12.
  14. ""I feel like I will be in debt the rest of my life": Medical bills are weighing down Americans". www.cbsnews.com. Retrieved 2023-02-23.
  15. McGinty, Melanie Evans and Tom. "Hospitals in Wisconsin Pursued Medical Debt Collection Widely but Unevenly, Study Finds". WSJ. Retrieved 2023-02-23.
  16. "One State's History of Hospital Debt Lawsuits Reveals Racial Gap". Bloomberg.com. 2021-12-06. Retrieved 2023-02-23.
  17. Sanger-Katz, Margot (2018-06-06). "Elizabeth Warren and a Scholarly Debate Over Medical Bankruptcy That Won't Go Away". The New York Times. ISSN 0362-4331. Retrieved 2021-12-30.
  18. "Sloan Foundation awards research fellowships to five UChicago scholars". news.uchicago.edu. Retrieved 2023-02-23.
  19. Kasabian, Kim. "Stanford Economists Awarded 2021 ASHEcon Medal | Stanford Humanities and Sciences". humsci.stanford.edu. Retrieved 2022-01-12.
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