Neale Mahoney

{{Short description|Applied microeconomist}}

{{Infobox economist|name=Neale Mahoney|institutions=Stanford University|alma_mater={{unbulleted list|Brown University|Stanford University}}|birth_date={{birth year and age|1982}}|field=Public finance, industrial organization, health economics|awards={{ubl|ASHEcon Medal|Sloan Research Fellowship|Eric Zitzewitz Award}}|doctoral_advisors=Jonathan Levin, Liran Einav, Caroline Hoxby}}

Neale Mahoney (born 1982){{Cite web|last=Mahoney|first=Neale|date=2021|title=Curriculum vitae: Neale Mahoney|url=https://nmahoney.people.stanford.edu/sites/g/files/sbiybj16971/f/mahoney_cv_20211206_0.pdf}} is a professor of economics at Stanford University, California, United States, and the inaugural George P. Shultz Fellow at the Stanford Institute for Economic Policy Research.{{Cite web|title=Faculty fellowship named in honor of George P. Shultz at SIEPR {{!}} Stanford Institute for Economic Policy Research (SIEPR)|url=https://siepr.stanford.edu/news/faculty-fellowship-named-honor-george-p-shultz-siepr|access-date=2021-12-30|website=siepr.stanford.edu|date=2 February 2021 |language=en}} 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.{{Cite web |title=Neale Mahoney joins Biden White House {{!}} Department of Economics |url=https://economics.stanford.edu/news/neale-mahoney-joins-biden-white-house |access-date=2022-12-23 |website=economics.stanford.edu |date=3 August 2022 |language=en}}{{Cite web |last1=Tani |first1=Max |last2=Thompson |first2=Alex |title=He got game diplomacy |url=https://www.politico.com/newsletters/west-wing-playbook/2022/08/26/he-got-game-diplomacy-00053984 |access-date=2023-02-23 |website=POLITICO |date=26 August 2022 |language=en}}

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.

In college, Mahoney played for the Brown Men's Ultimate team, winning a National Championship in 2005.{{Cite web |title=Ultimate News: 2005 Summer by USA Ultimate - Issuu |url=https://issuu.com/usaultimate/docs/2005.02 |access-date=2023-02-23 |website=issuu.com |date=11 December 2013 |language=en}} He coached the Stanford Men's Ultimate team to a quarter-final appearance in the 2011 National Championships.{{Cite web |date=November 29, 2010|author=Ky Lewis |title=Stanford Bloodthirsty – 2011 Preview |url=https://skydmagazine.com/2010/11/stanford-bloodthirsty-2011-preview/ |access-date=2023-02-23 |website=Skyd Magazine}}

Mahoney was an Robert Wood Johnson Foundation Scholar in Health Policy Research at Harvard in 2011-2012{{Cite web |title=Alumni {{!}} Scholars in Health Policy Research |url=http://www.healthpolicyscholars.org/alumniaf4d.html?page=5 |access-date=2023-02-23 |website=www.healthpolicyscholars.org}} 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.{{Cite web |title=Bio {{!}} Neale Mahoney |url=https://nmahoney.people.stanford.edu/bio |access-date=2021-12-30 |website=nmahoney.people.stanford.edu}}

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{{Cite news |last=Norris |first=Floyd |date=2013-11-07 |title=Card Act Cleared Up Credit Cards' Hidden Costs |language=en-US |work=The New York Times |url=https://www.nytimes.com/2013/11/08/business/economy/a-credit-card-rule-that-worked-for-consumers.html |access-date=2023-02-23 |issn=0362-4331}} and the limited pass-through of interest rate cuts to low credit score borrowers.{{Cite news |title=All credit to them |newspaper=The Economist |url=https://www.economist.com/finance-and-economics/2015/09/26/all-credit-to-them?fsrc=scn/tw_ec/all_credit_to_them |access-date=2023-02-23 |issn=0013-0613}} 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.{{Cite news |title=Analysis {{!}} Most people are paying off their credit card debt all wrong — are you? |language=en-US |newspaper=Washington Post |url=https://www.washingtonpost.com/news/wonk/wp/2018/01/02/most-people-are-paying-off-their-credit-card-debt-all-wrong-are-you/ |access-date=2023-02-23 |issn=0190-8286}}

Mahoney's research on medical debt has received widespread media attention,{{Cite news|last1=Kliff|first1=Sarah|last2=Sanger-Katz|first2=Margot|date=2021-07-20|title=Americans' Medical Debts Are Bigger Than Was Known, Totaling $140 Billion|language=en-US|work=The New York Times|url=https://www.nytimes.com/2021/07/20/upshot/medical-debt-americans-medicaid.html|access-date=2022-01-12|issn=0362-4331}}{{Cite web|date=2021-08-16|title=Medical debt is hitting hardest for people in the South|url=https://www.marketplace.org/2021/08/16/medical-debt-is-hitting-hardest-for-people-in-the-south/|access-date=2022-01-12|website=Marketplace|language=en-US}} and was featured in a segment on the CBS Evening News.{{Cite web |title="I feel like I will be in debt the rest of my life": Medical bills are weighing down Americans |url=https://www.cbsnews.com/news/medical-bills-debt-us-jama-study/ |access-date=2023-02-23 |website=www.cbsnews.com |date=9 August 2021 |language=en-US}} His work on hospitals suing patients over unpaid medical bills has also been broadly covered.{{Cite web |last=McGinty |first=Melanie Evans and Tom |title=Hospitals in Wisconsin Pursued Medical Debt Collection Widely but Unevenly, Study Finds |url=https://www.wsj.com/articles/hospitals-in-wisconsin-pursued-medical-debt-collection-widely-but-unevenly-study-finds-11638825132 |access-date=2023-02-23 |website=WSJ |date=6 December 2021 |language=en-US}}{{Cite news |date=2021-12-06 |title=One State's History of Hospital Debt Lawsuits Reveals Racial Gap |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2021-12-06/one-state-s-history-of-hospital-debt-lawsuits-reveals-racial-gap |access-date=2023-02-23}} 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.{{Cite news|last=Sanger-Katz|first=Margot|date=2018-06-06|title=Elizabeth Warren and a Scholarly Debate Over Medical Bankruptcy That Won't Go Away|language=en-US|work=The New York Times|url=https://www.nytimes.com/2018/06/06/upshot/elizabeth-warren-and-a-scholarly-debate-over-medical-bankruptcy-that-wont-go-away.html|access-date=2021-12-30|issn=0362-4331}}

In 2016, Mahoney was named a Sloan Research Fellow, given to early-career scientists and scholars of outstanding promise.{{Cite web |title=Sloan Foundation awards research fellowships to five UChicago scholars |url=https://news.uchicago.edu/story/sloan-foundation-awards-research-fellowships-five-uchicago-scholars |access-date=2023-02-23 |website=news.uchicago.edu |date=23 February 2016 |language=en}} In 2021, Mahoney received the ASHEcon Medal for researchers aged 40 and under who have made significant contributions to the field of health economics.{{Cite web |last=Kasabian |first=Kim |title=Stanford Economists Awarded 2021 ASHEcon Medal {{!}} Stanford Humanities and Sciences |url=https://humsci.stanford.edu/feature/stanford-economists-awarded-2021-ashecon-medal |access-date=2022-01-12 |website=humsci.stanford.edu |language=en}}

References

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