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Erik Hurst is an economist whose work lies at the intersection of macroeconomics, labor economics, and urban economics. His research addresses topics such as declining male participation rates, determinants of U.S. wage growth, welfare losses to society stemming from gender and racial discrimination, the causes and consequences of urban gentrification, the economics of time use, small business dynamics, life-cycle consumption profiles, and the role of housing and mortgage markets in driving macroeconomic conditions and the choice to invest in human capital. His work has been extensively covered in major publications including The New York Times, The Washington Post, The Wall Street Journal, and The Economist. Hurst has received numerous awards for his scholarly contributions, including the TIAA-CREF Paul Samuelson Award and the Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship. He has been recognized for his exceptional teaching at Chicago Booth, receiving the Emory Williams Award and the McKinsey Award for Excellence in Teaching. Hurst is involved in several research groups and serves as co-editor for academic journals. He is also a fellow of the Econometric Society and IZA Institute of Labor Economics, and in 2024, he was elected to the American Academy of Arts and Sciences.
Department of Philosophy