James Heckman

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James Joseph Heckman (born 19 April 1944) is an American economist and Nobel laureate. He is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, Professor of Science and Society at University College Dublin and a Senior Research Fellow at the American Bar Foundation.

Heckman shared the Nobel Memorial Prize in Economics in 2000 with Daniel McFadden for his pioneering work in econometrics and microeconomics. He is considered to be among the ten most influential economists in the world.[1]

Contents

Biography

Early years

Heckman was born to John Jacob Heckman and Bernice Irene Medley in Chicago, Illinois.[2] Heckman received his B.A. in mathematics from Colorado College, and received his Ph.D. from Princeton University in economics in 1971. Heckman then served as an Assistant Professor at Columbia University before moving to the University of Chicago in 1973. In addition to serving as the Henry B. Schultz Distinguished Service Professor of Economics, Heckman is also the director of the Economics Research Center and the Center for Social Program Evaluation at the Irving B. Harris School of Public Policy. In 2004, he was appointed as the Distinguished Chair of Microeconometrics at University College, London. In June 2006 he was appointed as the Professor of Science and Society at University College Dublin.[3] Heckman is also a senior research fellow at the American Bar Foundation.

Research

Heckman is noted for his contributions to selection bias and self-selection analysis especially Heckman correction, for which he was awarded the Nobel Prize in Economics. He is also well-known for his empirical research in labor economics, particularly regarding the efficacy of early childhood education programs.

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