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Maurice MacDonald, Ph.D.

Maurice MacDonald

Adjunct Professor
MBEB 3210 (208-559-8522)

Maurice MacDonald joined Boise State in 2022 and is a Kansas State University Emeritus Professor of Personal Financial Planning. He co-teaches the Economics 401 and 402 capstone sequence for seniors who write empirical research papers, and Economics 202 Micro-economics online. His scholarship in family economics spans from measures of personal and family economic well-being and income adequacy, to intergenerational wealth transfer, to the economic status of children, college students and the oldest old. MacDonald has received research grants from the Social Security Administration, U.S. Department of Agriculture, the National Institute of Child Health and Development, the National Institute of Mental Health and the National Institute on Aging.


  • University of Michigan, Economics Ph.D. 1974. (Fields: Economic Demography & Econometrics)
  • University of California-Santa Cruz, Economics A.B. 1969.

Featured Publications

Todd, T., Heckman, S.J., & MacDonald, M. Examining the conventional wisdom of municipal bond investment and use in financial planning. Journal of Financial Planning. October 2023.

Magwegwe, F., MacDonald, M., Lim, H., & Heckman, S. J. Determinants of financial worry. Journal of Consumer Affairs. November 2022. DOI: 10.1111/joca.12496

Sommer, M., Lim, H. & MacDonald, M. Financial advisor use, life events, and beneficial intentions. Financial Services Review (2022). 30: 69-88.

Mielitz, K. & MacDonald, M. Post-release financial intentions of transitional center participants. Journal of Financial Counseling and Planning. 32,1. 173-186 June 2021

Asebedo, S. D., Seay, M. C., MacDonald, M., Archuleta, K. L., Brase, G., & Wilmarth, M., (2019). Personality and saving behavior among older adults. Journal of Consumer Affairs, 53(2); 488-519.

Ammerman, D. A. & MacDonald, M. Future orientation and household asset liquidity. Journal of Financial Counseling and Planning, Volume 29, Number 1, 2018, 121-131.

Martin, P., Jazwinski, S.M., Green, R. Davey, A., MacDonald, M., Margrett, J., Siegler, I., Arnold, J., Woodard, J., Johnson, M.A., Kim, S., Dai, J., Li, L., Batzer, M., & Poon, L.W. APOE ε4, life experiences, and affect among centenarians. (2013). Aging and Mental Health.

MacDonald, M., and Cho, J. (2011) Impact of Resources on Successful Adaptation Among the Oldest Old. In L. Poon and J. Cohen-Mansfield (Eds.) Understanding the Well-Being of the Oldest Old. Cambridge University Press.

Sabri, M.F., MacDonald, M., Hira, T. & Masud, J. (2010) Childhood consumer experience and the financial literacy of college students in Malaysia. Family and Consumer Sciences Research Journal, 38 (4), 455-467.

MacDonald, M., Aneja, A., Martin, P., Margrett, J, & Poon, L.W. (2010) Distal and proximal resource influences on economic dependency among the oldest old. Gerontology. 56 (1), 100-105.

MacDonald, M., Martin, P., Margrett, J., & Poon, L.W. (2009) Correspondence of perceptions about centenarians’ mental health. Aging & Mental Health 13(6), 827-837