12 Facts About Jacob Mincer

Jacob Mincer, was a father of modern labor economics.

Jacob Mincer was Joseph L Buttenwieser Professor of Economics and Social Relations at Columbia University for most of his active life.

Jacob Mincer stayed at Columbia until his retirement in 1991.

Jacob Mincer was a member of the National Bureau of Economic Research from 1960 through his death.

Jacob Mincer was considered by many to be a father of modern labor economics.

Jacob Mincer's ground-breaking work: Schooling, Experience and Earnings, published in 1974, used data from the 1950 and 1960 Censuses to relate income distribution in America to the varying amounts of education and on-the-job training among workers.

Jacob Mincer's work continues to have a profound impact on the field of labor economics.

In 1967 Jacob Mincer was elected as a Fellow of the American Statistical Association.

In recognition of his lifetime achievements in economics, Jacob Mincer was awarded the first IZA Prize in Labor Economics of the Institute for the Study of Labor.

In 2004 Jacob Mincer received a Career Achievement Award from the Society of Labor Economists; the annual award has subsequently become known as the Jacob Mincer Award.

Jacob Mincer was never awarded a Nobel Prize, though he was considered one of the world's greatest economists of the 20th century, and was nominated for the award numerous times by admiring colleagues.

The close blending of theory and data represented in Jacob Mincer's work has shaped the direction of labor economics and influenced and inspired all those who have followed him.