Academy Members

Caroline M. Hoxby

Stanford University

Caroline M. Hoxby is Scott and Donya Bommer Professor in Economics at Stanford University. She is also the director of the Economics of Education Program at the National Bureau of Economic Research, and a senior fellow of the Hoover Institution and the Stanford Institute for Economic Policy Research. She has been a presidential appointee to the National Board of Education Sciences and serves on advisory committees for the government, the Brookings Institution, and organizations with an interest in education policy. Her honors include The Smithsonian Institution’s Ingenuity Award, The Thomas B. Fordham Prize for Distinguished Scholarship in Education, Global Leader of Tomorrow from the World Economic Forum, Carnegie Scholar, an Alfred P. Sloan Research Fellowship, a John M. Olin Fellowship, and a National Tax Association Award. She is also a renowned teacher and advisor and has received multiple honors recognizing these contributions, including the John and Lydia Pearce Mitchell University Fellowship, Stanford Economics Teacher of the Year, and a Phi Beta Kappa prize. She is one of the world’s leading scholars in the economics of education. She is a principal investigator of the Expanding College Opportunities project, a randomized controlled trial that had dramatic effects on low-income, high achievers’ college-going. Her best-known work on elementary and secondary education includes numerous studies of the effects of school choice and competition on student achievement, rewards for teaching, and the productivity of schools; her study of New York City’s charter schools is the largest randomized evaluation of how charter schools affect achievement.

October 2024