James Joseph Heckman is an American economist who is currently at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Harris Graduate School of Public Policy Studies; Director of the Center for the Economics of Human Development.; Director of the Center for Social Program Evaluation; Co-Director, Human Capital and Economic Opportunity Global Working Group, sponsored by The Institute for New Economic Thinking. He is also Professor of Law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research. In 2000, Heckman shared the Nobel Memorial Prize in Economic Sciences with Daniel McFadden, for his pioneering work in econometrics and microeconomics. He is among the most influential economists in the world.
James J. Heckman
What is ‘James J. Heckman’
An American economist who won the 2000 Nobel Memorial Prize in Economics, along with Daniel McFadden, for his Heckman correction, a statistical method of correcting for self-selection bias in research. In addition to selection bias and self-selection, Heckman’s research has focused on labor economics and human development, and skill formation (especially early childhood development).
Explaining ‘James J. Heckman’
Heckman was born in 1944 in Chicago. He earned his Ph.D. in economics from Princeton and won the John Bates Clark medal in 1983. He has worked as a professor of economics at University College in Dublin; he also taught at the University of Chicago, Columbia and Yale.
- The economics and psychology of inequality and human development – academic.oup.com [PDF]
- The economics of human development and social mobility – www.annualreviews.org [PDF]
- Publishing and promotion in economics: the tyranny of the top five – www.aeaweb.org [PDF]
- Human capital, economic growth, and inequality in China – www.nber.org [PDF]
- The importance of noncognitive skills: Lessons from the GED testing program – pubs.aeaweb.org [PDF]
- The empirical foundations of calibration – www.aeaweb.org [PDF]
- Policies to foster human capital – www.sciencedirect.com [PDF]
- Micro data and general equilibrium models – www.sciencedirect.com [PDF]
- The evidence on credit constraints in post‐secondary schooling – academic.oup.com [PDF]
- A financial literacy and financial services program for elementary school grades-results of a pilot study – papers.ssrn.com [PDF]