'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 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.

This volume contains essays by or about Jacob Mincer who is a founding father of modern empirical labor economics. This personal collection not only examines Mincer’s research, it also assesses the impact of his work on the careers of several important economists and includes portions of Mincer’s correspondence with those scholars. Contributors to this volume include Gary Becker and James Heckman, each of whom is a Nobel Laureate and former Mincer collaborator.

Professor Richard Quandt has made a major contribution to the development of economics in the 20th century. The range and significance of his work has long required a collection of his essays which will allow his contribution to be assessed as a whole. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. As well as outlining his many articles in microtheory, general econometrics, disequilibrium modeling, financial economics and the economics of planned economies, this collection should have a particular value for all scholars interested in the emergence of the new economies in Eastern Europe, a subject to which Professor Quandt has applied himself in recent years. This book includes an introduction by Professor Quandt describing his early life in Budapest and the circumstances which led him to study economics in America.

Presenting and analysing the work of one of the most important economists of the 20th century, this book looks at Jacob Mincer, examining his influence in defining the concepts of modern labour economics and human capital.