Jacob Mincer A Pioneer of Modern Labor Economics by James J. Heckman (auth.), Shoshana Grossbard (eds.)

By James J. Heckman (auth.), Shoshana Grossbard (eds.)

This quantity comprises essays by way of or approximately Jacob Mincer who, in addition to Gary Becker, is a founder of smooth empirical hard work economics. His method analyzes the economics of the operating international, and his human capital version is a primary software in empirical economics.

This is a really own assortment. It not just examines Mincer’s learn; it additionally assesses the effect of his paintings at the careers of a number of vital economists and comprises parts of Mincer’s correspondence with these students.

Shoshana Grossbard is professor of economics at San Diego nation collage and founding editor of the assessment of Economics of the family. She graduated from the college of Chicago the place she studied New domestic Economics with Jacob Mincer and Gary Becker. Professor Grossbard teaches and lectures through the international and is the writer of 5 past books and greater than forty magazine articles.

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D. program in economics in the 1980s, the number of women interested in writing dissertations on household and labor economics at Chicago did not grow much. S. The proportion of male students interested in researching household economics with Becker did not diminish as much as that of female students. -born Chris Robinson and Nigel Tomes. One of Becker’s 42 II. g. Iannaccone 1998). Among the students specializing in household economics at Chicago in the 1990s were Michael Brien and Kermit Daniel.

Students, on the other hand, had another idea of rigor. They would introduce Mincer to their spouse and kids, somehow to convince him they needed a job to support their family. This they hoped would gain his approval for a dissertation defense, so finally they could get on with their life. Perhaps then, he would consent that yet an additional regression with still another data set might not really be necessary for the degree, ‘‘even though surely, it would be mandatory for publication’’. Even the paper Jacob and I did together didn’t satisfy him until he completely redid the entire draft and reran the entire set of regressions stratified by three different 5.

It was a very difficult decision, since I had to leave many close associates and friends. But as I remember those times, I am driven to salute a great economist who combines originality, insight, impeccable honesty, modesty, generosity, and stubbornness in a unique way. Jacob, it has been a great pleasure to interact with you over many decades, and an even greater pleasure to work so closely with you. Thank you so very much. REFERENCES Becker, Gary S. (1960). ), Demographic and Economic Change in Developed Countries.

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