Retrospectives: Margaret Reid, Chicago, and Permanent Income

Evelyn L. Forget

Journal of Economic Perspectives, 2023, vol. 37, issue 4, 251-64

Abstract: Margaret Gilpin Reid (1896–1990) began her career as a home economist and, with Dorothy Brady, Milton and Rose Friedman, played a central role in the development of the permanent income hypothesis at Chicago. Reid was the first woman to be elected Fellow of the American Economic Association, and was a key figure in the empirical tradition at the University of Chicago. This article examines the opportunities and constraints that shaped her career.

JEL-codes: B22 B31 E21 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1257/jep.37.4.251

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