Joseph Gerard Altonji was born on 1953 and is an American economist and the Thomas DeWitt Cuyler Professor of Economics at Yale University.
11 Facts About Joseph Altonji
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In 2002, Joseph Altonji moved back to Yale University as the Thomas DeWitt Cuyler Professor of Economics, a position he still holds.
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Besides his academic appointments, Joseph Altonji has served as consultant to the Federal Reserve Banks of Chicago and Cleveland, has been a senior fellow at NCI Research, and a consultant to the Center for Naval Analysis.
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Joseph Altonji is currently a member of the Federal Economic Statistics Advisory Committee and the NSF Social, Behavior and Economic Sciences Advisory Committee.
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Joseph Altonji's research has been acknowledged through fellowships of the Econometric Society and the Society of Labor Economists as well as a membership in the American Academy of Arts and Sciences.
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In 2018, Joseph Altonji won the IZA Prize for Labor Economics.
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Subsequent work on high school curricula by Joseph Altonji found the return to additional courses in academic subjects to be small.
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In two studies with Thomas Dunn using the PSID and NLS, Joseph Altonji finds that teachers' salary, expenditures per pupil and a composite index of school quality indicators have a substantial positive effect on the wages of US high school graduates, but mixed results regarding whether parental education has a positive impact on children's returns to education.
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Together with Todd Elder and Christopher Taber, Joseph Altonji has notably analysed the effect of attending a Catholic high school, finding that they substantially increase the likelihood of graduating from high school and possibly of college attendance, though with scant effect on test scores.
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Together with Hayashi and Kotlikoff, Joseph Altonji finds that, within the extended family in the US, the distribution of consumption is independent of the distribution of resources, suggesting that members of an extended family are not altruistically linked.
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Joseph Altonji has made substantial contributions to the field of labour market discrimination, especially through his comprehensive survey of the literature on race and gender in the labour market.