James Heckman | |
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Born | James Joseph Heckman April 19, 1944 |
Academic career | |
Field | Microeconomics |
Institution | University of Chicago University of Southern California Columbia University Chinese University of Hong Kong |
School or tradition | Chicago School of Economics |
Alma mater | Colorado College (BA) Princeton University (PhD) |
Doctoral advisor | Harry H. Kelejian Stanley Warren Black |
Doctoral students | Carolyn Heinrich George Borjas Petra Todd Stephen Cameron Mark Rosenzweig Russ Roberts |
Influences | Albert Rees Gary Becker Jacob Mincer |
Contributions | Heckman correction |
Awards | John Bates Clark Medal (1983) Nobel Memorial Prize in Economics (2000) Frisch Medal (2014) |
Academic background | |
Thesis | Three Essays on the Supply of Labor and the Demand for Goods (1971) |
James Joseph Heckman (born April 19, 1944) is an American economist and Nobel laureate who serves as the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he is also a professor at the College, a professor at the Harris School of Public Policy, Director of the Center for the Economics of Human Development (CEHD),[1] and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group.[2] He is also a professor of law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the NBER. He received the John Bates Clark Medal in 1983, and the Nobel Memorial Prize in Economic Sciences in 2000, which he shared with Daniel McFadden. He is known principally for his pioneering work in econometrics and microeconomics.
Heckman is noted for his contributions to selection bias and self-selection in quantitative analysis in the social sciences, especially the Heckman correction, which earned him the Nobel Prize in Economics. He is also well known for his empirical research in labor economics and his scholarship on the efficacy of early childhood education programs. As of June 2024, according to RePEc, he is the third-most influential economist in the world.[3]
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