What area of empirical research is Heckman particularly known for?
Labor economics
Environmental economics
Health economics
Transport economics
Answer
Labor economics is a field of economics that studies the market for labor and the factors that determine wages and employment. Heckman is particularly known for his work in labor economics, including his development of the Heckman selection model, which is used to estimate the causal effect of a treatment on an outcome when there is self-selection into the treatment.
The Heckman Hustle: Unraveling the World of James Heckman
More Questions
What kind of education programs is Heckman's scholarship focused on?
As of December 2022, where does Heckman rank in terms of influence among economists in the world?
James Heckman won his Nobel Prize for pioneering work in which field?
James Heckman is associated with what school of economic thought?
Which organization awards the prize that James Heckman won in 2000?
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