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Justin James Michael Wolfers, born in 1972, is an Australian
economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this ...
and
public policy Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public ...
scholar. He is professor of economics and public policy at the Gerald R. Ford School of Public Policy at the
University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...
, and a Senior Fellow at the
Peterson Institute for International Economics The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led b ...
.


Career

Wolfers holds a Ph.D. in Economics (1997–2001) and an
Master of Economics The Master of Economics (MEcon or MEc) is a postgraduate master's degree in economics comprising training in economic theory, econometrics, and/or applied economics. The degree is also offered as an MS or MSc, MA or MCom in economics; varia ...
(2000), both from
Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of highe ...
, and a
Bachelor of Economics The Bachelor of Economics (BEc or BEcon), or the "Bachelor of Applied Economics", is a bachelor's degree awarded by many universities and colleges for completion of an undergraduate program in economics, econometrics, or applied economics; th ...
from the
University of Sydney The University of Sydney (USYD), also known as Sydney University, or informally Sydney Uni, is a public research university located in Sydney, Australia. Founded in 1850, it is the oldest university in Australia and is one of the country's si ...
(1991–1994). He had a
Fulbright Scholarship The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people ...
. Wolfers attended James Ruse Agricultural High School (1985–1990). He is noted for his research on
happiness Happiness, in the context of mental or emotional states, is positive or pleasant emotions ranging from contentment to intense joy. Other forms include life satisfaction, well-being, subjective well-being, flourishing and eudaimonia. ...
and its relation to income. Wolfers moved to the University of Michigan as professor of economics and public policy beginning in fall 2012 with his partner, fellow economist
Betsey Stevenson Betsey Ayer Stevenson (born c. 1971) is an economist and Professor of Economics and Public Policy at the University of Michigan Gerald R. Ford School of Public Policy. Additionally, she is a fellow of the Ifo Institute for Economic Research in Mun ...
.Peter Monaghan (2012) ''Much-Watched Couple in Economics Lands at U. of Michigan'' Chronicle of Higher Education'' Prior to coming to the University of Michigan, Wolfers was associate professor of business and public policy at the
Wharton School The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...
of the
University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a Private university, private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest- ...
. He is a contributor to the
New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
(where he writes for ''The Upshot'' blog) and the
Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
, and was an editor of the Brookings Papers on Economic Activity from 2009 through Fall 2015. Wolfers' research has explored macro economics, labor economics, the economics of sports,
prediction market Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-trad ...
s and the family. In 2007, he was named in
David Leonhardt David Leonhardt (born January 1, 1973) is an American journalist and columnist. Since April 30, 2020, he has written the daily "The Morning" newsletter for ''The New York Times''. He also contributes to the paper's Sunday Review section. His colu ...
's column as one of 13 young economists who were the future of economics. In 2014, he was named by
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster glo ...
as one of the 25 brightest young economists who are expected to shape the world's thinking about the global economy in the future. In 2019, he and Stevenson wrote two economics textbooks,
Principles of Microeconomics
' and
Principles of Macroeconomics
', published by Macmillan Learning. The authors' aim was to reflect a school of thought where "every decision a person makes as an economic decision" and offer examples students could relate to in order to better reflect the real world.


Personal life

Wolfers and
Betsey Stevenson Betsey Ayer Stevenson (born c. 1971) is an economist and Professor of Economics and Public Policy at the University of Michigan Gerald R. Ford School of Public Policy. Additionally, she is a fellow of the Ifo Institute for Economic Research in Mun ...
have publicly discussed being in a Shared Earning/Shared Parenting relationship.


References

{{DEFAULTSORT:Wolfers, Justin Australian economists Living people 1972 births University of Sydney alumni Harvard Graduate School of Arts and Sciences alumni University of Michigan faculty People educated at James Ruse Agricultural High School