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Heckman, James J. (James Joseph)

Works: 483 works in 2,011 publications in 3 languages and 17,247 library holdings
Genres: Conference papers and proceedings  Longitudinal studies  Case studies 
Roles: Author, Editor, Creator, Honoree, Other
Classifications: HB139, 330.0151195
Publication Timeline
Publications about James J Heckman
Publications by James J Heckman
Most widely held works by James J Heckman
Inequality in America : what role for human capital policies? by James J Heckman( Book )
19 editions published between 2002 and 2005 in English and Undetermined and held by 612 libraries worldwide
"Inequality in America What Role for Human Capital Polices? examines the ways in which human capital policies can address this important problem. Taking it as a given that potentially low-income workers would benefit from more human capital in the form of market skills and education, James Heckman and Alan Krueger discuss which policies would be most effective in providing it. Should we devote more resources to the entire public school system or to specialized programs like Head Start? Would relaxing credit restraints encourage more students to attend college? Does vocational training actually work? What is the best balance of private and public sector programs?"--Jacket
Longitudinal analysis of labor market data by James J Heckman( Book )
28 editions published between 1985 and 2008 in English and Undetermined and held by 529 libraries worldwide
The myth of achievement tests : the GED and the role of character in American life by James J Heckman( Book )
8 editions published between 2014 and 2015 in English and held by 506 libraries worldwide
Modern societies rely on written tests. Achievement tests have come to play a prominent role. They are used to sift and sort people, to evaluate schools, and to assess the performance of entire nations. This book evaluates the predictive power of achievement tests for life outcomes by examining one widely used achievement test - the General Educational Development test - the GED for short. The GED enables high school dropouts to certify high school equivalency. Currently the GED programme produces roughly 12% of all high school credentials issued in the U.S
Law and employment : lessons from Latin America and the Caribbean by James J Heckman( Book )
30 editions published between 1838 and 2007 in English and held by 357 libraries worldwide
This paper summarizes the main lessons learned from Law and Employment: Lessons from Latin America and the Caribbean, a forthcoming NBER book. It places Latin American economies and economic policies in a world context. The paper quantifies the cost of regulation in Latin America and OECD Europe and discusses the origin of regulation. It shows the fragility of time series data analyses of the sort widely used to analyze the impact of regulation in OECD Europe and the benefits of using microdata data. The evidence shows that regulation reduces labor market flexibility, reduces the employment of marginal workers and generates inequality in the larger society
Handbook of econometrics by James J Heckman( Book )
62 editions published between 1983 and 2010 in English and Spanish and held by 280 libraries worldwide
As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice behavior and social interactions. All of the essays in this volume and its companion volume "6A" offer guidance to the practitioner on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields they survey and extend
The performance of performance standards by James J Heckman( Book )
35 editions published between 1996 and 2011 in English and Undetermined and held by 205 libraries worldwide
This paper examines the performance of the JTPA performance system, a widely emulated model for inducing efficiency in government organizations. We present a model of how performance incentives may distort bureaucratic decisions. We define cream skimming within the model. Two major empirical findings are (a) that the short run measures used to monitor performance are weakly, and sometimes perversely, related to long run impacts and (b) that the efficiency gains or losses from cream skimming are small. We find evidence that centers respond to performance standards
Global perspectives on the rule of law by James J Heckman( Book )
14 editions published between 2009 and 2013 in English and held by 201 libraries worldwide
"A GlassHouse book"--Title page verso
Giving kids a fair chance by James J Heckman( Book )
13 editions published in 2013 in English and held by 189 libraries worldwide
A top economist weighs in on one of the most urgent questions of our times: What is the source of inequality and what is the remedy?
The determinants of public-sector and private-sector training by James J Heckman( Book )
3 editions published in 1992 in English and held by 166 libraries worldwide
Handbook of econometrics by James J Heckman( Book )
28 editions published between 2001 and 2008 in English and held by 156 libraries worldwide
The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses. For more information on the Handbooks in Economics series, please see our home page on
General equilibrium treatment effects : a study of tuition policy by James J Heckman( Book )
12 editions published in 1998 in English and held by 86 libraries worldwide
This paper defines and estimates general equilibrium treatment effects. The conventional approach in the literature on treatment effects ignores interactions among individuals induced by the policy interventions being studied. Focusing on the impact of tuition policy, and using estimates from our dynamic overlapping generations general equilibrium model of capital and human capital formation, we find that general equilibrium impacts of tuition on college enrollment are an order of magnitude smaller than those reported in the literature on microeconomic treatment effects. The assumptions used to justify the LATE parameter in a partial equilibrium setting do not hold in a general equilibrium setting. Policy changes induce two way flows. We extend the LATE concept to a general equilibrium setting. We present a more comprehensive evaluation to program evaluation by considering both the tax and benefit consequences of the program being evaluated and placing the analysis in a market setting
Characterizing selection bias using experimental data by James J Heckman( Book )
15 editions published in 1998 in English and held by 83 libraries worldwide
This paper develops and applies semiparametric econometric methods to estimate the form of selection bias that arises from using nonexperimental comparison groups to evaluate social programs and to test the identifying assumptions that justify three widely-used classes of estimators and our extensions of them: (a) the method of matching; (b) the classical econometric selection model which represents the bias solely as a function of the probability of participation; and (c) the method of difference-in-differences. Using data from an experiment on a prototypical social program combined with unusually rich data from a nonexperimental comparison group, we reject the assumptions justifying matching and our extensions of that method but find evidence in support of the index-sufficient selection bias model and the assumptions that justify application of a conditional semiparametric version of the method of difference-in-difference. Fa comparable people and to appropriately weight participants and nonparticipants a sources of selection bias as conveniently measured. We present a rigorous defin bias and find that in our data it is a small component of conventially meausred it is still substantial when compared with experimentally-estimated program impa matching participants to comparison group members in the same labor market, givi same questionnaire, and making sure they have comparable characteristics substan the performance of any econometric program evaluation estimator. We show how t analysis to estimate the impact of treatment on the treated using ordinary obser
General equilibrium cost benefit analysis of education and tax policies by James J Heckman( Book )
13 editions published between 1998 and 1999 in English and held by 83 libraries worldwide
This paper formulates and estimates an open-economy overlapping generation general-equilibrium model of endogenous heterogeneous human capital in the form of schooling and on-the-job training. Physical capital accumulation is also analyzed. We use the model to explain rising wage inequality in the past two decades due to skill-biased technical change and to estimate investment responses. We compare an open economy version with a closed economy version. Using our empirically grounded general equilibrium model that explains rising wage inequality, we evaluate two policies often suggested as solutions to the problem of rising wage inequality: (a) tuition subsidies to promote skill formation and (b) tax policies. We establish that conventional partial equilibrium policy evaluation methods widely used in labor economics and public finance give substantially misleading estimates of the impact of national tax and tuition policies on skill formation. Conventional microeconomic methods for estimating the schooling response to tuition overestimate the response by an order of magnitude. Simulations of our model also reveal that move to a flat consumption tax raises capital accumulation and the real wages of all skill groups and barely affects overall measures of income inequality
Tax policy and human capital formation by James J Heckman( Book )
12 editions published in 1998 in English and held by 82 libraries worldwide
Abstract: Missing from recent discussions of tax reform is any systematic analysis of the effects of various tax proposals on skill formation. This gap in the literature in empirical public finance is due to the absence of any empirically based general equilibrium models with both human capital formation and physical capital formation that are consistent with observations on modern labor markets. This paper is a progress report on our ongoing research on formulating and estimating dynamic general equilibrium models with endogenous heterogeneous human capital accumulation. Our model explains many features of rising wage inequality in the U.S. economy (James Heckman, Lance Lochner and Christopher Taber, 1998). In this paper, we use our model to study the impacts on skill formation of proposals to switch from progressive taxes to flat income and consumption taxes. For the sake of brevity, we focus on steady states in this paper, although we study both transitions and steady states in our research
Evaluating the welfare state by James J Heckman( Book )
13 editions published in 1998 in English and held by 82 libraries worldwide
A variety of criteria are relevant for evaluating alternative policies in democratic societies composed of persons with diverse values and perspectives. In this paper, we consider alternative criteria for evaluating the welfare state, and the data required to operationalize them. We examine sets of identifying assumptions that bound, or exactly produce, these alternative criteria given the availability of various types of data. We consider the economic questions addressed by two widely-used econometric evaluation estimators and relate them to the requirements of a comprehensive cost-benefit analysis. We present evidence on how the inference from the most commonly used econometric evaluation estimator is modified when the direct costs of a program are fully assessed, including the welfare costs of the taxes required to support the program. Finally, we present evidence of the empirical inconsistency of alternative criteria derived from evaluations based on on self-selection and attrition decisions, and on self-reported evaluations from questionnaires when applied to a prototypical job training program
The pre-program earnings dip and the determinants of participation in a social program : implications for simple program evaluation strategies by James J Heckman( Book )
18 editions published in 1999 in English and held by 81 libraries worldwide
The key to estimating the impact of a program is constructing the counterfactual outcome representing what would have happened in its absence. This problem becomes more complicated when agents self-select into the program rather than being exogenously assigned to it. This paper uses data from a major social experiment to identify what would have happened to the earnings of self-selected participants in a job training program had they not participated in it. We investigate the implications of these earnings patterns for the validity of widely-used before-after and difference-in-differences estimators. Motivated by the failure of these estimators to produce credible estimates, we investigate the determinants of program participation. We find that labor force status dynamics, rather than earnings or employment dynamics, drive the participation process. Our evidence suggests that training programs often function as a form of job search. Methods that control only for earnings dynamics, like the conventional difference-in-differences estimator, do not adequately capture the underlying differences between participants and non-participants. We use the estimated probabilities of participation in both matching estimators and a nonparametric, conditional version of the differences-in-differences estimator and produce large reductions in the selection bias in non-experimental estimates of the effect of training on earnings
Accounting for heterogeneity, diversity and general equilibrium in evaluating social programs by James J Heckman( Book )
13 editions published in 1999 in English and held by 78 libraries worldwide
This paper considers the problem of policy evaluation in a modern society with heterogeneous agents and diverse groups with conflicting interests. Several different approaches to the policy evaluation problem are compared including the approach adopted in modern welfare economics, the classical representative agent approach adopted in macroecononomics and the microeconomic treatment effect approach. A new approach to the policy evaluation problem is developed and applied that combines and extends the best features of these earlier approaches. Evidence on the importance of heterogeneity is presented. Using an empirically based dynamic general equilibrium model of skill formation with heterogeneous agents, the benefits of the more comprehensive approach to policy evaluation are examined in the context of examining the impact of tax reform on skill formation and the political economy aspects of such reform. A parallel analysis of tution policy is presented
The dynamics of educational attainment for Blacks, Hispanics, and Whites by Stephen V Cameron( Book )
12 editions published in 1999 in English and German and held by 77 libraries worldwide
This paper estimates a dynamic model of schooling attainment to investigate the sources of discrepancy by race and ethnicity in college attendance. When the returns to college education rose, college enrollment of whites responded much more quickly than that of minorities. Parental income is a strong predictor of this response. However, using NLSY data, we find that it is the long-run factors associated with parental background and income and not short-term credit constraints facing college students that account for the differential response by race and ethnicity to the new labor market for skilled labor. Policies aimed at improving these long-term factors are far more likely to be successful in eliminating college attendance differentials than are short-term tuition reduction policies
Removing the veil of ignorance in assessing the distributional impacts of social policies by Pedro Carneiro( Book )
19 editions published in 2002 in English and held by 72 libraries worldwide
This paper summarizes our recent research on evaluating the distributional consequences of social programs. This research advances the economic policy evaluation literature beyond estimating assorted mean impacts to estimate distributions of outcomes generated by different policies and determine how those policies shift persons across the distributions of potential outcomes produced by them. Our approach enables analysts to evaluate the distributional effects of social programs without invoking the "Veil of Ignorance" assumption often used in the literature in applied welfare economics. Our methods determine which persons are affected by a given policy, where they come from in the ex-ante outcome distribution and what their gains are. We apply our methods to analyze two proposed policy reforms in American education. These reforms benefit the middle class and not the poor
Allander series : skill policies for Scotland by James J Heckman( Book )
11 editions published between 2004 and 2005 in English and held by 43 libraries worldwide
"This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that early disadvantages produce severe later disadvantages that are hard to remedy. We also show that cognitive ability is not the only determinant of education, labor market outcomes and pathological behavior like crime. Abilities differ in their malleability over the life-cycle, with noncognitive skills being more malleable at later ages. This has important implications for the design of policy. The gaps in skills and abilities open up early, and schooling merely widens them. Additional university tuition subsidies or improvements in school quality are not warranted by Scottish evidence. Company-sponsored job training yields a higher return for the most able and so this form of investment will exacerbate the gaps it is intended to close. For the same reason, public job training is not likely to help adult workers whose skills are rendered obsolete by skill-biased technological change. Targeted early interventions, however, have proven to be very effective in compensating for the effect of neglect"--National Bureau of Economic Research web site
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Alternative Names
Ceyms Hekman
Hechman, James 1944-
Heckman, J.
Heckman, J. J. 1944-
Heckman, J. L.
Heckman, James 1944-
Heckman, James J.
Heckman James J. 1944-....
Heckman, James Joseph.
Heckman, James Joseph 1944-
Heckman, James L. 1944-
James Heckman Amerikaans econoom
James Heckman amerikansk økonom
James Heckman economista e statistico statunitense
James Heckman économiste américain
James Heckman ekonomista amerykański, noblista
James Heckman US-amerikanischer Ökonom
James J. Heckman
James Joseph Heckman
James Joseph Heckman amerikansk økonom
Джеймс Хекман
Джэймс Хекман
Хекман, Джеймс
Ջեյմս Հեկման
جيمس هيكمان
جیمز ژوزف هکمن اقتصاددان آمریکایی
جیمز ہیکمین
জেমস হেক্‌ম্যান
허커만, 잔무쓰·J. 1944-
헤크먼, 제임스 J. 1944-
헤크먼, 제임스 조셉 1944-
혁극만, 담모사·J. 1944-
혁극만, 첨모사·J. 1944-
English (380)
Spanish (1)
German (1)
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