Economics is a social science that studies the production, distribution, and consumption of goods and services.
James Joseph Heckman is an American economist and Nobel laureate who serves as the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he is also a professor at the College, a professor at the Harris School of Public Policy, Director of the Center for the Economics of Human Development (CEHD), and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also a professor of law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the NBER. He received the John Bates Clark Medal in 1983, and the Nobel Memorial Prize in Economic Sciences in 2000, which he shared with Daniel McFadden. He is known principally for his pioneering work in econometrics and microeconomics.
Kenneth Joseph Arrow was an American economist, mathematician, writer, and political theorist. Along with John Hicks, he won the Nobel Memorial Prize in Economic Sciences in 1972.
This aims to be a complete article list of economics topics:
Economic inequality is an umbrella term for a) income inequality or distribution of income, b) wealth inequality or distribution of wealth, and c) consumption inequality. Each of these can be measured between two or more nations, within a single nation, or between and within sub-populations.
Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification. Open stratification systems are those in which at least some value is given to achieved status characteristics in a society. The movement can be in a downward or upward direction. Markers for social mobility such as education and class, are used to predict, discuss and learn more about an individual or a group's mobility in society.
In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world.
François Bourguignon is a former Chief Economist (2003–2007) of the World Bank. He has been the Director of the Paris School of Economics, and from 1985 to his retirement in 2013 a professor of economics at the École des Hautes Études en Sciences Sociales in Paris. in 2016 Bourguignon was awarded the Dan David Prize. He focuses on the study of income and wealth inequality, economy-wide country studies, international trade and trade policy, education, wealth, income, redistribution, and tax policy.
The University of Chicago Harris School of Public Policy is the public policy school of the University of Chicago in Chicago, Illinois, United States. It is located on the University of Chicago's main campus in Hyde Park. The school's namesake is businessman Irving B. Harris, who made a donation that established the Harris School in 1986. In addition to policy studies and policy analysis, the school requires its students to pursue training in economics and statistics through preliminary examinations and course requirements. Harris Public Policy offers joint degrees with the Booth School of Business, Law School, School of Social Service Administration, and the Graduate Division of the Social Sciences.
Michael Jay Boskin is the T. M. Friedman Professor of Economics and senior fellow at Stanford University's Hoover Institution. He also is chief executive officer and president of Boskin & Co., an economic consulting company.
Henri (Hans) Theil was a Dutch econometrician and professor at the Netherlands School of Economics in Rotterdam, known for his contributions to the field of econometrics.
Sir Anthony Barnes Atkinson was a British economist, Centennial Professor at the London School of Economics, and senior research fellow of Nuffield College, Oxford.
Samuel Stebbins Bowles, is an American economist and Professor Emeritus at the University of Massachusetts Amherst, where he continues to teach courses on microeconomics and the theory of institutions. His work belongs to the neo-Marxian tradition of economic thought. However, his perspective on economics is eclectic and draws on various schools of thought, including what he and others refer to as post-Walrasian economics.
Redistribution of income and wealth is the transfer of income and wealth from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law. The term typically refers to redistribution on an economy-wide basis rather than between selected individuals.
The "Great Gatsby Curve" is the term given to the positive empirical relationship between cross-sectional income inequality and persistence of income across generations. The scatter plot shows a correlation between income inequality in a country and intergenerational income mobility.
The Center for Operations Research and Econometrics (CORE) is an interdisciplinary research institute of the University of Louvain (UCLouvain) located in Louvain-la-Neuve, Belgium. Since 2010, it is part of the Louvain Institute of Data Analysis and Modeling in economics and statistics (LIDAM), along with the Institute for Economic and Social Research (IRES), Louvain Finance (LFIN) and the Institute of Statistics, Biostatistics and Actuarial Sciences (ISBA).
Stefanie Stantcheva is a Bulgarian-born French economist who has served as the Nathaniel Ropes Professor of Political Economy at Harvard University since 2021. She has been a member of the Conseil d’Analyse Économique since 2018. In 2018, she was described by The Economist as one of the best young economists of the decade.
Aldo Rustichini is an Italian-born American economist, academic and researcher. He is a professor of economics at University of Minnesota, where is also associated with the Interdisciplinary Center for Cognitive Sciences.
Ufuk Akcigit is a Turkish economist. He is the Arnold C. Harberger Professor of Economics at the University of Chicago, the Kenneth C. Griffin Department of Economics since 2019. The same year, he also received the Max Planck-Humboldt Research Award for his achievements in the field of macroeconomics. In 2021, he was named John Simon Guggenheim Fellow and Econometric Society fellow for his work in Economics. In 2022, he received the Global Economy Prize in Economics from the Kiel Institute in Germany and the Sakıp Sabancı International Research Award.
Stéphane Bonhomme is a French economist currently at the University of Chicago, where he is the Ann L. and Lawrence B. Buttenwieser Professor of Economics. Bonhomme specializes in microeconometrics. His research involves latent variable modeling, modeling of unobserved heterogeneity in panel data, and its applications in labor economics, in particular the analysis of earnings inequality and dynamics.
