This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. Journals
  3. Journal of Economic Perspectives
  4. Fall 2023
  5. Retrospectives: Margaret Reid, Chicago, and Permanent Income

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Retrospectives: Margaret Reid, Chicago, and Permanent Income

  • Evelyn L. Forget
Journal of Economic Perspectives
vol. 37, no. 4, Fall 2023
(pp. 251–64)
Download Full Text PDF
(Complimentary)

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.

Citation

Forget, Evelyn L. 2023. "Retrospectives: Margaret Reid, Chicago, and Permanent Income." Journal of Economic Perspectives, 37 (4): 251–64. DOI: 10.1257/jep.37.4.251

Additional Materials

JEL Classification

  • B22 History of Economic Thought: Macroeconomics
  • B31 History of Economic Thought: Individuals
  • E21 Macroeconomics: Consumption; Saving; Wealth
There are no comments for this article.
Login to Comment