James is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago.
He has devoted his professional life to understanding the origins of major social and economic problems related to inequality, social mobility, discrimination, skill formation and regulation, and to devising and evaluating alternative strategies for addressing those problems.
This paper examines the case for randomized controlled trials in economics. I revisit my previous paper “Randomization and Social Policy Evaluation” and update its message.
James places Tinbergen’s work in context and discusses Tinbergen’s approach to using supply and
demand to interpret the pricing of skills – a fundamental conceptual achievement. He shows how his work is related to the modern literature on hedonics and how it was and still is used to integrate the roles of technical change and supply
side policies into a common equilibrium framework. Tinbergen’s research is then discussed on educational planning and his work on optimal inequality. In the final section, James assesses his contributions and discusses why they are relevant today. He speculates about why his work was neglected by many of his contemporaries.
This powerful impact of birth on life chances is bad for individuals born into disadvantage. And it is bad for American society. We are losing out on the potential contributions of large numbers of our citizens.
This article examines the long-term impacts on health and healthy behaviour of two of the oldest and most widely cited US early childhood interventions evaluated by the method of randomisation with long-term follow-up.
This study compares twins, where one has suffered a health shock and the other has not, investigating how the family evens out the outcomes for the children.
This paper examines the long-term impacts on health and healthy behaviors of two of the oldest and most widely cited U.S. early childhood interventions evaluated by the method of randomization with long-term follow-up.
We analyze equilibria in hedonic economies and study conditions that lead to identification of structural preference parameters in hedonic economies with both additive and nonadditive marginal utility and marginal product functions.