Jacob Mincer: The Founding Father of Modern Labor Economics (IZA Prize in Labor Economics)

The original book published with the IZA, this work 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 economics, 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, emphasising its continuity as a lifetime research program that has made a lasting influence on modern labor economics.