Jacob Mincer - Awards and Prizes

Awards and Prizes

In 1991, Mincer received an honorary Doctor of Laws degree from the University of Chicago which recognized his seminal work in the economic analysis of earnings and inequality, the labor force decisions of women and of job mobility. The citation for the degree also recognized Mincer's work in this area that has helped guide a generation of economists who study these important social questions.

In recognition of his lifetime achievements in economics, Mincer was awarded the first IZA Prize in Labor Economics of the Institute for the Study of Labor (Bonn, Germany). The $50,000 prize was presented to Mincer by more than 100 of his former students at a conference at Columbia University in 2002.

In 2004 Mincer received a Career Achievement Award from the University of Chicago's Society of Labor Economists; the annual award has subsequently become known as the Mincer Award.

Although Mincer was never awarded a Nobel Prize, because he was considered one of the world's greatest economists of the 20th century, he was nominated for the award numerous times by admiring colleagues.