James Heckman
James Joseph Heckman (born April 19, 1944) is an American
economist and Nobel laureate who serves as the
Henry Schultz Distinguished Service Professor in Economics at the
University of Chicago, where he is also a professor at
the College, a professor at the
Harris School of Public Policy, Director of the Center for the Economics of Human Development (CEHD), and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also a professor of law at
the Law School, a senior research fellow at the
American Bar Foundation, and a research associate at the
NBER. He received the
John Bates Clark Medal in 1983, and the
Nobel Memorial Prize in Economic Sciences in 2000, which he shared with
Daniel McFadden. He is known principally for his pioneering work in
econometrics and
microeconomics.
Heckman is noted for his contributions to
selection bias and
self-selection in quantitative analysis in the social sciences, especially the
Heckman correction, which earned him the Nobel Prize in Economics. He is also well known for his empirical research in
labor economics and his scholarship on the efficacy of
early childhood education programs. As of December 2022, according to
RePEc, he is the second-most influential economist in the world.
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