1. Michael Robert Kremer was born on November 12,1964 and is an American development economist currently serving as University Professor in Economics at the University of Chicago and Director of the Development Innovation Lab at the Becker Friedman Institute for Research in Economics.
Michael Kremer is the Scientific Director of Development Innovation Ventures, a program of the United States Agency for International Development aimed at maximizing the impact of development spending through rigorous impact evaluation.
Michael Robert Kremer was born on November 12,1964 to Eugene and Sara Lillian Kremer in New York City.
Michael Kremer's father taught architecture at Kansas State University, and his mother was a professor of English at the same institution, where she specialized in American Jewish and Holocaust literature.
Michael Kremer attended Manhattan High School in Manhattan, Kansas, where his mother was formerly a teacher.
Michael Kremer wrote his senior thesis comparing an employment guarantee program in India with a food subsidy scheme in Sri Lanka.
Michael Kremer is the husband of Rachel Glennerster, president of the Center for Global Development, an associate professor of economics at the University of Chicago, and the former Chief Economist of the UK Department for International Development.
Michael Kremer began his academic career at the Massachusetts Institute of Technology, where he served as a Post-Doctoral Fellow from 1992 to 1993.
Michael Kremer was a visiting assistant professor at the University of Chicago in Spring 1993, and joined MIT as an Assistant Professor the same year.
Michael Kremer was promoted to associate professor in 1996, and again to Professor of Economics in 1998.
Since 1999, Michael Kremer has been a research associate at the National Bureau of Economic Research.
Michael Kremer has focused his research on economic growth and poverty alleviation, particularly as it relates to education and health.
Alongside Abhijit Banerjee and Esther Duflo, Michael Kremer has helped establish the effectiveness of randomized controlled trials to test proposed antipoverty measures.
In 2010, Michael Kremer co-founded Development Innovation Ventures, an evidence based innovation fund administered by USAID aimed at testing and scaling new approaches to poverty alleviation.
From 2011 to 2014, Michael Kremer co-led an experimental evaluation of an SMS-based information service in which Kenyan smallholder farmers were texted agricultural advice.
Michael Kremer developed an interest in the subject after contracting malaria while traveling in Kenya.
Michael Kremer's research was widely cited during the COVID-19 pandemic as a model for how to quickly develop vaccines through public-private partnership.
Michael Kremer's research focuses on economic growth and poverty alleviation, particularly as it relates to health and education.
Michael Kremer's insight was that complex products often require completing many steps correctly for the final product to have any value.
Michael Kremer suggested this would make high-skilled workers complements to each other, meaning wages for high-skilled workers will be higher in an economic environment where other workers are highly skilled.
Michael Kremer argues that doing so can counteract increased incentives to poach, thereby preventing species endangerment.
Michael Kremer recommended that the scheme be implemented in a random order, such that the effects of treatment could be evaluated rigorously, as in a randomized clinical trial.
Michael Kremer has pursued research on innovation in the pharmaceutical industry.
Michael Kremer promoted the idea in a 2004 book, in addition to a widely cited 2003 report published by the Center for Global Development.
Michael Kremer is among the most cited development economists, ranking in the top 130 economists in the world by total research output according to Research Papers in Economics.