James J. Heckman

James J. Heckman

Senior Consultant
  • PhD in Economics, Princeton University
  • MA in Economics, Princeton University
  • BA in Mathematics, Colorado College

James J. Heckman is the Henry Schultz Distinguished Service Professor of Economics and Public Policy and Director of the Center for the Economics of Human Development at the University of Chicago. He has devoted his professional life to understanding the origins of major social and economic questions related to inequality, social mobility, discrimination, and the formation of skills and regulation in labor markets, as well as to devising and applying economically interpretable empirical strategies for understanding and addressing these questions. Heckman’s work has been devoted to the development of a scientific basis for economic policy evaluation, with special emphasis on models of individuals and disaggregated groups, and to the problems and possibilities created by heterogeneity, diversity and unobserved counterfactual states. His pioneering research on the outcomes of people who obtain the GED certificate received national attention. His findings, which found great deficiencies in the alleged value of the degree, spurred debates across the country on the merits of obtaining the certificate. He established the positive impact of the 1964 Civil Rights Act and related legislation in promoting the economic and social status of African Americans.

His work spans contexts and cultures. His current research includes analyzing the impact of early childhood programs around the world by studying the immediate and long-term impacts of interventions (including the impacts in midlife on health and on other family members), both in the United States and in a new project in China. His research also uses original data gathered in the U.S., China and Germany to measure preferences and traits to help inform governments, schools and teachers about how socioemotional can help students achieve their full potential. A new research project studies the determinants intergenerational mobility in the U.S. and Denmark to determine in what ways the “Scandinavian Fantasy” of social welfare may be a myth.

Heckman has a B.A. (1965) in Mathematics from Colorado College and an M.A. (1968) and Ph.D. (1971) in Economics from Princeton University. He has been at the Department of Economics at the University of Chicago since 1973. He was one of the founders of the Harris School of Public Policy, where he also has an appointment. Since 1991, he has been a research fellow at the American Bar Foundation. In 2010, he cofounded the Human Capital and Economic Opportunity Global Working Group, a global network of over 400 scholars working on aspects of measuring and addressing problems of inequality and economic opportunity.  In May 2014, he launched the Center for the Economics of Human Development at the University of Chicago, which he currently directs.

In 2000, Heckman won the Nobel Prize in Economics for his work on the microeconometrics of diversity and heterogeneity and for establishing a sound causal basis for public policy evaluation. He has received numerous other awards for his work, including the John Bates Clark Medal of the American Economic Association in 1983, the Jacob Mincer Award for Lifetime Achievement in 2005 from the Society of Labor Economics, the 2005 and 2007 Dennis Aigner Award for Applied Econometrics from the Journal of Econometrics, the Ulysses Medal from the University College Dublin in 2006, the 2007 Theodore W. Schultz Award from the American Agricultural Economics Association, the Gold Medal of the President of the Italian Republic, awarded by the International Scientific Committee of the Pio Manzú Centre in 2008, the Distinguished Contributions to Public Policy for Children Award from the Society for Research in Child Development in 2009, the Frisch Medal from the Econometric Society in 2014 for the most outstanding paper in applied economics published in Econometrica in the previous five years, the 2016 Dan David Prize, was made a Distinguished Fellow of the American Economic Association in 2017, and is the 2019 recipient of the Chinese Government Friendship Award.

Heckman is a member of the National Academy of Sciences, USA; a member of the American Philosophical Society; a fellow of the American Academy of Arts and Sciences; the American Association for the Advancement of Science; the Econometric Society; the Society of Labor Economics; the American Statistical Association; the International Statistical Institute; and the National Academy of Education. He has received numerous honorary degrees and is a foreign member of several scholarly bodies. He has published over 350 articles and 9 books. His most recent book is The Myth of Achievement Tests: The GED and the Role of Character in American Life (University of Chicago Press, 2014).