Alumnus wins Nobel in economics

James Heckman


 

    

James Heckman, who earned two graduate degrees from Princeton, has won the 2000 Nobel Prize in economics.

Heckman is the Henry Schultz Distinguished Professor of Economics at the University of Chicago. He earned his M.A. in 1968 and his Ph.D. in 1971, both in economics, from Princeton. His son, Jonathan, is a freshman here this fall.

Heckman is being honored along with Daniel McFadden of the University of California-Berkeley for his work in developing "theory and methods that are widely used in the empirical analysis of individual and household behavior, within economics as well as other social sciences," according to the Royal Swedish Academy of Sciences, which awards the Nobel Prize.

Heckman's research evaluates the impact of a variety of social programs on the economy and on society at large. He has written on the impact of civil rights and affirmative action programs, taxes, unionism and other issues.

At Princeton, Heckman was involved in the industrial relations section of the economics department.



October 23, 2000
Vol. 90, No. 7
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Contents

Neuroscientists put heads together to develop new theory on depression
Politicking aside electoral process still matters

Trussell and colleagues call for better HIV prevention

Alumnus wins Nobel in economics
By the numbers - Princetonians who have won the Nobel Prize

Committee has full complement
New sound appealing to campus

Benefits update

Community Day/Staff Day was Oct. 14
Spotlight / People
Nassau notes

Calendar of events


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