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Caroline Hoxby
Caroline Minter Hoxby (born 1966) giving the 2022 lecture The Fork in the Road.png
Giving the 2022 lecture "The Fork in the Road" at UC Berkeley
Born 1966 (age 58–59)
Nationality American
Institution Stanford University
Field Labor economics
Public economics
Doctoral
advisor
James M. Poterba
Doctoral
students
Jennifer Doleac
Information at IDEAS / RePEc

Caroline Minter Hoxby (born 1966) is an American economist. She studies how education and public money work. She is a professor at Stanford University. She also leads a program about the economics of education. This program is part of the National Bureau of Economic Research.

About Caroline Hoxby

Caroline Hoxby is a well-known expert. She helps us understand how schools and colleges work. She also looks at how money affects them.

Early Life and Education

Caroline Hoxby grew up in Shaker Heights, Ohio. She went to Shaker Heights High School. Her father, Steven Minter, worked for the U.S. Department of Education. This was during President Jimmy Carter's time.

In 1988, she graduated from Harvard University. She earned a high honor called summa cum laude. She also won a special award there. After Harvard, she studied at Magdalen College, Oxford in England. She went there on a Rhodes Scholarship. In 1994, she earned her PhD in economics. She got this degree from the Massachusetts Institute of Technology.

Career Highlights

From 1994 to 2007, Professor Hoxby taught at Harvard University. She started as an assistant professor. Later, she became a full professor. She was the only tenured African-American economics professor there. In 2005, she was chosen as a Harvard College Professor. She also won a teaching prize in 2006.

In 2007, she moved to Stanford University. She is now the Scott and Donya Bommer Professor of Economics. In 2014, she became a John and Lydia Pearce Mitchell University Fellow. This role focuses on helping undergraduate students.

She is married to Blair Hoxby. He also graduated from Harvard. He teaches English at Stanford University. He studies famous writers like John Milton.

What She Studies

Professor Hoxby's research looks at higher education. This means colleges and universities. She especially studies top colleges.

Helping Students Go to College

One of her big projects is called "Expanding College Opportunities." This project helps smart students from low-income families. These students often don't apply to selective colleges. This happens even though they could get in easily. They also often get a lot of financial help. This means they might pay less at a top college than at a less selective one.

Her research showed that simple advice can help. Giving students good information makes a big difference. It helps them use their college chances better. For this work, she won an Ingenuity Award. This award came from The Smithsonian Institution.

Improving Schools Through Choice

Professor Hoxby also studies public schools. She believes that school choice can help. When schools compete, it can make them better. This can improve learning for all students. It can also help taxpayers.

Her paper on this topic was very important. It started a lot of discussion. Other researchers have looked at her findings. They have discussed how to measure school competition. This shows how important her ideas are in education.

Awards and Recognition

Caroline Hoxby has received many awards. These awards honor her important work:

  • Carnegie Fellowship
  • Alfred P. Sloan Research Fellowship
  • National Tax Association Award for her doctoral research
  • Global Leader of Tomorrow from the World Economic Forum
  • Thomas B. Fordham Prize for Scholarship in Education
  • Stanford University Economics Department Teacher of the Year Award in 2013
  • Smithsonian magazine's American Ingenuity Award in Education
  • Fellow of the American Academy of Arts and Sciences
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