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The New Palgrave Dictionary of Economics pp 8780–8782Cite as

Palgrave Macmillan

Mincer, Jacob (1922–2006)

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Abstract

Jacob Mincer was one of the founding fathers of modern labour economics. Along with Gary Becker and T.W. Schultz, Mincer’s ideas led to the evolution of labour economics as perhaps the premier applied field in economics. His work on personal income distributions and the associated wage–age profiles has dominated empirical research on these topics since the mid-1960s. The work extended to many related areas, most importantly the labour force participation of married women, the wage–age profiles associated with interrupted work careers, and migration decisions of two-career families.

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Bibliography

  • Becker, G.S. 1960. Underinvestment in college education? American Economic Review 50, 346–54. Reprint in Problems of economic growth ed. E. Phelps. New York: Norton, 1962.

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  • Becker, G.S. 1962. Investment in human capital: A theoretical analysis. Journal of Political Economy 5: 9–49.

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  • Schultz, T.W. 1960. Capital formation by education. Journal of Political Economy 6: 571–583.

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  • Schultz, T.W. 1961a. Education and economic growth. In Social forces influencing American education, ed. N.B. Henry. Chicago: University of Chicago Press.

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  • Schultz, T.W. 1961b. Investment in human capital. American Economic Review 51: 1–17.

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Authors and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Finis Welch

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  1. Finis Welch
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© 2018 Macmillan Publishers Ltd.

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Welch, F. (2018). Mincer, Jacob (1922–2006). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2522

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