STUDIES IN HUMAN CAPITAL

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STUDIES IN HUMAN CAPITAL

Collected Essays of Jacob Mincer, Volume 1

9781852785796 Edward Elgar Publishing
The late Jacob Mincer, formerly Professor of Economics, Columbia University, US
Publication Date: 1993 ISBN: 978 1 85278 579 6 Extent: 448 pp
Studies in Human Capital, the first volume of Jacob Mincer''s essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.

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Studies in Human Capital, the first volume of Jacob Mincer''s essays to be published in this series, assesses the impact of education and job training on wage growth. It offers an authoritative study of the effects of human capital investments on labor turnover and the impact of technological change on human capital formation.

Jacob Mincer’s research reveals a rare combination of imaginative empirical analysis guided by a command of theory. His work and professional style have set the standard for empirical economics, especially in the field of labor economics where he has made major contributions to the understanding of the determinants of earnings.

This is the first of two volumes containing carefully edited selections of professor Mincer''s most important essays, some of which are published here for the first time. Introductions to each volume provide overviews of the interconnections of the topics discussed, their conceptual coherence and empirical significance. Studies in Labor Supply, the second volume of Professor Mincer''s essays, is also available as part of this series.
Critical Acclaim
‘. . . Jacob Mincer is a master of his trade, and this mastery is no less evident in the current volume. . . Especially interesting in this volume are the four previously unpublished papers which address a range of issues including the relationship between education and unemployment; the relationship between job training and labour turnover; and the time-series evidence relating to the relationship between human capital technology and wage structure. Although previously unpublished, these papers demonstrate quite clearly the combination of technical skill and insight which characterizes Mincer’s work, and their collection together between a single pair of covers is a fact that I am sure will be welcomed by teachers, researchers and students of labour economics alike.’
– D. Sapsford, Education Economics

‘The books should. . . . be bought by every university library. The research reported here is important, the exposition is lucid, the sequencing of chapters is sensible and the retrospective aspect of the volumes provides a fascinating insight into the working methods of one of the great economists of our time.’
– Geraint Johnes, International Journal of Manpower

‘During the past thirty-odd years, Jacob Mincer has been one of the most important contributors both to the field of human capital and the labor supply of women. I strongly recommend these two volumes for the superb empirical research guided by insightful theory.’
– Gary Becker, University of Chicago, US

‘Jacob Mincer is, with Gary Becker and T.W. Schultz, one of the founding figures of human capital theory. His major contributions to labour economics over 35 years are handsomely reflected in the two volumes of this collection. . . . this is a most useful collection: it gathers together in convenient form papers which it would be impossible to track down in most university libraries. Tell your librarian to place an order.’
– J.R. Shackleton, The Economic Journal
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