The changing role of education in economic analysis -- Placing human capital at the center of income distribution -- Appraising the impact of the human capital research program -- Human capital and the long-term view of the labor market -- Human capital and labor market dynamics -- The influence of Jacob Mincer on modern labor economics -- The human capital labor economist.
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SUMMARY OR ABSTRACT
Text of Note
"This book presents and analyzes the work of one of the most important economists of the 20th century - Jacob Mincer. Mincer's work has had a lasting influence on contemporary labor economics in both theoretical and methodological terms. Mincer played a central role in shaping contemporary labor economies, not the least by largely determining its research agenda. His work in the 1960s and 70s on the determinants of individual earnings, notably human capital, and on labor force supply, particularly female participation, have had an enormous impact on the way others have approached labor economics. This book presents a systematic analysis of his extensive published work, emphasizing its continuity as a lifetime research program that has made a lasting influence on modern labor economics."--Jacket.