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University of Michigan doctoral students
contribute importantly to the
performance of OTPR's mission.
Consequently, OTPR offers annually a
special fellowship designed to attract
to Michigan and support outstanding
graduate students interested in pursuing
public finance as a field. This
fellowship is the Richard A. Musgrave
Fellowship, named in honor of one of the
leading figures of twentieth century
public finance, who wrote his most
influential book while a professor at
Michigan.
The fellowship supplements other support
offered by the University and the
economics department with a guaranteed
research assistantship in the first and
second summers of the Musgrave's
Fellow's residence at Michigan. The goal
is to enhance graduate training with
early participation in research
projects.
Richard A. Musgrave was born in 1910 in
Königstein, Germany. He received a
Diplom Volkswirt from Heidelberg
University in 1933, an M.A. from Harvard
University in 1936 and a Ph.D. from
Harvard in 1937. He was an instructor
and tutor at Harvard from 1936-1941. A
naturalized U.S. citizen, he served as
an Economist in the Research Division at
the Federal Reserve Board from
1939-1948. In 1948-49 he was a lecturer
at Swarthmore College, and in 1949 he
moved to the University of Michigan,
where he was Professor of Economics.
Professor Musgrave taught at Michigan
for nine years. During his Michigan
years he wrote his revolutionary The
Theory of Public Finance, 1959, which
changed the way future generations of
public finance students conceptualize
the key questions in this field. As the
work proceeded, subsequent chapters were
discussed in his seminar, encouraging
his students to undertake future work in
public finance. During his years at
Michigan, Professor Musgrave also
published scores of articles and
Congressional testimonies. A study on
tax incidence, published jointly with
members of his seminar, was honored
recently as the most widely cited
article ever published in the National
Tax Journal.
Information for potential applicants for
the Musgrave Fellowship is available by
clicking here. |