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Volume 51, Issue 5

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Nobel Memorial Prize in Economics for the year 2000

Kotlán, Viktor

Year: 2001   Volume: 51   Issue: 5   Pages: 309-311

Abstract: The article summarizes the recent seminar of the Czech Economic Association devoted to the Nobel Prize laureates in economics for 2000, James J. Heckman and Daniel L. McFadden. A paper presented by M. Zajícek concentrated mainly on the work of Mr. McFadden. Economic problems, especially those related to the self-selection bias and its role in appraising the outcome of social programs, are considered.

JEL classification: C19

Keywords: microeconometrics; Nobel Prize

DOI:

RePEc: n/a

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