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Jacob Mincer

A Pioneer of Modern Labor Economics

  • Book
  • © 2006

Overview

Editors:
  1. Shoshana Grossbard
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  • Contributors to this volume include Gary Becker and James Heckman, each of whom is a Nobel Laureate and former Mincer collaborator

  • Includes supplementary material: sn.pub/extras

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xi
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  2. Jacob Mincer in Perspective

    1. Front Matter

      Pages 1-1
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    2. Some Brief Remarks on the Life and Work of Jacob Mincer

      • James J. Heckman
      Pages 3-5

    3. An Interview with Jacob Mincer

      • Pedro Teixeira
      Pages 7-18

    4. Acceptance Speech Upon Receiving the First Iza Prize November 24th 2002 in New York

      • Jacob Mincer
      Pages 19-20

  4. Jacob Mincer on Technology

    1. Front Matter

      Pages 51-51
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    2. Technology and the Labor Market

      • Jacob Mincer
      Pages 53-77

  5. Jacob Mincer and Human Capital: New Perspectives

    1. Front Matter

      Pages 79-79
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    2. Proving Mincer Right: Mincer’s Overtaking Point and the Lifecycle Earnings Distribution

      • Solomon W. Polachek
      Pages 81-108

    3. Jacob Mincer, Experience and the Distribution of Earnings

      • Barry R. Chiswick
      Pages 109-126

    4. The “Mincer Equation” Thirty Years After Schooling, Experience, and Earnings

      • Thomas Lemieux
      Pages 127-145

  6. Mincer and the New Home Economics

    1. Front Matter

      Pages 147-147
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    2. Jacob Mincer and Labor Supply — Before and Aftermath

      • Reuben Gronau
      Pages 149-159

    3. Household Production and Health

      • Michael Grossman
      Pages 161-172

    4. Household Production and Children

      • Arleen A. Leibowitz
      Pages 173-185
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Keywords

About this book

BY SHOSHANA GROSSBARD In 2004, the Society of Labor Economists announced its ?rst Award for Lifetime Achievement in Labor Economics. Jacob Mincer and Gary Becker were the - recipients. The award was then renamed the Jacob Mincer Award. Two years earlier, Mincer was the ?rst to win the IZA Award in Labor Economics. These awards recognize Mincer’s primary role in shaping labor economics, but they only hint at the breadth of his reputation and accomplishments: he is a member of the National Academy of Sciences, and has been appointed a Fellow of the American Statistical Association and the Econometric Society, as well as a distinguished Fellow of the American Economic Association. Mincer is one of the principal architects of Modern Labor Economics (MLE), a premier application of micro-economics in the spirit of Chicago’s positive e- nomics. There are typically three steps to such application: (1) a theoretical model is developed or borrowed, leading to testable implications; (2) empirical work is p- formed; and (3) the ?ndings are analyzed in light of the theoretical analysis. All of Mincer’s work has followed those steps, even when this was a rare occurrence. When he started, in the mid 1950s, labor economics was a sub-?eld of institutional e- nomics. Labor economics is now a major ?eld of economics. As a result of his work and that of other pioneers, MLE became an example for other applications of e- nomic models.

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