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441:, published in 1974, used data from the 1950 and 1960 Censuses to relate income distribution in America to the varying amounts of education and on-the-job training among workers. "He calculated, for example, that annual earnings rose by 5 to 10 percent in the 1950s and 1960s for every year of additional schooling. There was a similar, although smaller, return on investment in job training—and age played a role."
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decisions of women and of job mobility. The citation for the degree also recognized Mincer's work in this area that has helped guide a generation of economists who study these important social questions.
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The close blending of theory and data represented in Mincer's work has shaped the direction of labor economics and influenced and inspired all those who have followed him.
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His very simple formulation basically fits the data for understanding how earnings are related to educational attainment in virtually every country in every time period.
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509:, though he was considered one of the world's greatest economists of the 20th century, and was nominated for the award numerous times by admiring colleagues.
495:, Germany). The $ 50,000 prize was presented to Mincer by more than 100 of his former students and colleagues at a conference at Columbia University in 2002.
452:. And as a result of Mincer's pioneering work, variables such as schooling and work experience are now the most commonly used measures of human capital.
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In 2004 Mincer received a Career
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During his academic career, Mincer authored four books and hundreds of journal articles, papers and essays. Mincer's ground-breaking work:
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Mincer's work continues to have a profound impact on the field of labor economics. Papers in the field frequently use
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Mincer, Jacob (1962), "Labor force participation of married women: a study of labor supply", in Lewis, H. Greg (ed.),
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Mincer, Jacob; Polachek, Solomon (1995), "Family investments in human capital: earnings of women (1974)", in
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Shoshana
Grossbard (ed.), Jacob Mincer, A Pioneer of Modern Labor Economics. New York: Springer, 2006.
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Mincer, Jacob (1995), "Labor force participation of married women: a study of labor supply", in
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In recognition of his lifetime achievements in economics, Mincer was awarded the first
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Mincer died at his
Manhattan home on August 20, 2006, due to complications from
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which recognized his seminal work in the economic analysis of earnings and
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theory, consequently revolutionizing the field of labor economics.
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University of
Chicago's Society of Labor Economists Mincer Award
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357:, Poland, in a Jewish family, Mincer survived World War II in
728:"Remembered: Jacob Mincer, Father of Modern Labor Economics"
422:. As a leading member of a group of economists known as the
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Distinguished fellows of the
American Economic Association
333:(July 15, 1922 – August 20, 2006), was a father of modern
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Members of the United States
National Academy of Sciences
575:, Princeton: Princeton University Press, pp. 63–105.
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Mincer was considered by many to be a father of modern
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Mincer, Jacob; Polachek, Solomon (March–April 1974).
755:"Jacob Mincer, 84, Pioneer On Labor Economics, Dies"
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In 1991, he received an honorary doctorate from the
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49:. Unsourced material may be challenged and removed.
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1226:Fellows of the American Statistical Association
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430:helped to develop the empirical foundations of
341:Professor of Economics and Social Relations at
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462:Fellow of the American Statistical Association
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109:Learn how and when to remove this message
1201:American people of Polish-Jewish descent
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373:in 1950, Mincer received his PhD from
1236:Polish emigrants to the United States
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369:as a teenager. After graduating from
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401:National Bureau of Economic Research
47:adding citations to reliable sources
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1221:Fellows of the Econometric Society
439:Schooling, Experience and Earnings
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414:Contributions to economic science
1206:20th-century American economists
796:Institute for the Study of Labor
489:Institute for the Study of Labor
460:In 1967 Mincer was elected as a
399:Mincer was also a member of the
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23:
34:needs additional citations for
772:View/Search Fellows of the ASA
765:
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403:from 1960 through his death.
390:Stockholm School of Economics
380:Following teaching stints at
345:for most of his active life.
666:Journal of Political Economy
485:IZA Prize in Labor Economics
426:, Mincer and Nobel Laureate
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318:IZA Prize in Labor Economics
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1216:Columbia University faculty
840:Chicago school of economics
798:) Prize in Labor Economics
505:Mincer was never awarded a
424:Chicago School of Economics
251:Chicago School of Economics
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573:Aspects of labor economics
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382:City College of New York
513:Quotes regarding Mincer
781:, accessed 2016-08-20.
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450:statistical estimation
339:Joseph L. Buttenwieser
560:Selected bibliography
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469:University of Chicago
394:University of Chicago
1140:Julian Lincoln Simon
1118:Business and finance
1109:Frank H. Easterbrook
1028:Public choice school
965:New social economics
937:New economic history
859:Henry Calvert Simons
734:. September 1, 2006.
628:Gender and economics
595:Gender and economics
43:improve this article
1056:William A. Niskanen
753:(August 23, 2006).
446:Mincerian equations
408:Parkinson's disease
375:Columbia University
359:concentration camps
343:Columbia University
238:Columbia University
199:Columbia University
172:New York City, U.S.
955:Robert M. Townsend
777:2016-06-16 at the
16:American economist
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1071:Law and economics
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456:Awards and prizes
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355:Tomaszów Lubelski
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299:Contributions
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32:This article
30:
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1079:Ronald Coase
1061:Bryan Caplan
1018:Roland Fryer
1003:John A. List
973:Jacob Mincer
972:
950:Robert Fogel
927:Scott Sumner
902:Karl Brunner
854:Frank Knight
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584:Reprinted as
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500:Mincer Award
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331:Jacob Mincer
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167:(2006-08-20)
125:Jacob Mincer
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41:Please help
36:verification
33:
1186:2006 deaths
1181:1922 births
1145:Eugene Fama
1104:Robert Bork
978:Gary Becker
864:Jacob Viner
524:Gary Becker
507:Nobel Prize
477:labor force
428:Gary Becker
235:(1960–2006)
229:Institution
178:Nationality
1175:Categories
884:Monetarism
538:David Card
473:inequality
289:Influences
146:1922-07-15
69:newspapers
694:154095476
377:in 1957.
349:Biography
337:. He was
247:tradition
240:(1959–91)
186:Education
847:Founders
775:Archived
549:—
535:—
521:—
392:and the
353:Born in
302:Idea of
275:students
273:Doctoral
257:Doctoral
156:, Poland
686:1829993
633:317–349
625:(ed.),
600:211–253
592:(ed.),
487:of the
367:Germany
259:advisor
83:scholar
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554:, 2006
540:, 2006
526:, 2006
475:, the
363:Poland
320:(2002)
314:Awards
85:
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794:IZA (
702:Notes
690:S2CID
682:JSTOR
662:(PDF)
219:Field
90:JSTOR
76:books
637:ISBN
604:ISBN
493:Bonn
365:and
233:NBER
162:Died
140:Born
62:news
674:doi
361:in
203:PhD
45:by
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