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James J. Heckman

Definition

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.

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.


Further Reading


The economics and psychology of inequality and human development
academic.oup.com [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

The economics of human development and social mobilityThe economics of human development and social mobility
www.annualreviews.org [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

Publishing and promotion in economics: the tyranny of the top fivePublishing and promotion in economics: the tyranny of the top five
www.aeaweb.org [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

Human capital, economic growth, and inequality in ChinaHuman capital, economic growth, and inequality in China
www.nber.org [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

The importance of noncognitive skills: Lessons from the GED testing programThe importance of noncognitive skills: Lessons from the GED testing program
pubs.aeaweb.org [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

The empirical foundations of calibrationThe empirical foundations of calibration
www.aeaweb.org [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

Policies to foster human capitalPolicies to foster human capital
www.sciencedirect.com [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

Micro data and general equilibrium modelsMicro data and general equilibrium models
www.sciencedirect.com [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

The evidence on credit constraints in post‐secondary schoolingThe evidence on credit constraints in post‐secondary schooling
academic.oup.com [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …

A financial literacy and financial services program for elementary school grades-results of a pilot studyA financial literacy and financial services program for elementary school grades-results of a pilot study
papers.ssrn.com [PDF]
Recent research on the economics of human development deepens understanding of the origins of inequality and excellence. It draws on and contributes to personality psychology and the psychology of human development. Inequalities in family environments and …



Q&A About James J. Heckman


Where did he earn his Ph.D.?

Princeton University.

How many degrees does he have?

He has three degrees from these schools.

What is James J. Heckman?

An American economist who won the 2 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).

Where did he receive his education?

He received his education at the University of Chicago, Harvard University, and MIT.

What is James J. Heckman's profession?

He is a Nobel Prize winning American economist who is currently at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College.

What were some of his previous positions?

He taught at University College Dublin; he also taught at the University of Chicago, Columbia and Yale.

What are some of his accomplishments?

Some of his accomplishments include being awarded the Nobel Memorial Prize in Economic Sciences in 2 for pioneering work in econometrics and serving as an advisor to President Barack Obama on economic policy during Obama's first term as president.

What was he awarded the John Bates Clark medal for?

He earned the award in 1983.

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