Dale Mortensen

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Dale Mortensen (2010)

Dale Thomas Mortensen (born February 2, 1939 in Enterprise , Oregon , † January 9, 2014 in Wilmette , Illinois ) was an American economist . In 2010 he received the Prize for Economics of the Swedish Reichsbank in memory of Alfred Nobel ( Nobel Prize for Economics).

Live and act

After receiving his Bachelor of Arts in economics from Willamette University in 1961 , he was awarded a Ph.D. in 1967 from Carnegie Mellon University. PhD . He had been at Northwestern University since 1965: from 1965 to 1971 he was assistant professor and from 1971 to 1975 associate professor. Since 1975 he has been a full professor of economics there. 1979 to 1982 was the dean of the economic faculty . Since 1980 he has also been a professor of business administration and decision theory . In 2000, Mortensen became a member of the American Academy of Arts and Sciences . Since 2001 he has also conducted research at the Institute for the Future of Labor in Bonn and since 2005 at the National Bureau of Economic Research (NBER) in Cambridge , Massachusetts . Visiting professorships took him to Cornell University (1984), New York University (1985), Hebrew University of Jerusalem (1985), University of Essex (1993), to the California Institute of Technology (1994) and to Aarhus University (2006-2010) .

Mortensen was particularly interested in dynamic processes in the economy that cannot be fully explained by previous theories. He developed formal job search models in labor economics and examined their applications to unemployment and the dynamics of wages and salaries . His realization that the accidental arrival of trading partners creates friction has become a leading technique in analyzing labor markets and the effects of labor market policy .

He was married to Beverly Patton Mortensen.

Awards

Memberships

Works

book
  • Dare dispersion. Why Are Similar Workers Paid Differently. MIT Press, Cambridge, Mass. [u. a.] 2003, ISBN 0-262-13433-0 .
Article (selection)
  • A theory of wage and employment dynamics. In: Edmund S. Phelps [u. a.] (Ed.): Microeconomic Foundations of Employment and Inflation Theory. WW Norton, New York 1970, ISBN 0-393-09326-3 , pp. 167-211.
  • Job Search, the Duration of Unemployment, and the Phillips Curve. In: The American Economic Review . Vol. 60, No. 5, December 1970, pp. 847-862.
  • Generalized Costs of Adjustment and Dynamic Factor Demand Theory. In: Econometrica . Volume 41, No. 4, July 1973, pp. 657-665.
  • Job matching under imperfect information. In: Orley Ashenfelter and James Blum (Eds.): Evaluating The Labor Market Effects of Social Programs. Princeton University Press, Princeton 1976, pp. 194-232.
  • with Kenneth Burdett: Labor supply under uncertainty. In: Ronald G. Ehrenberg (Ed.): Research in Labor Economics . Volume 2, JAI Press, Connecticut 1978, pp. 109-157.
  • Specific Capital and Labor Turnover. In: Bell Journal of Economics . Volume 9, No. 2, 1978, pp. 572-586.
  • with Kenneth Burdett: Search, Layoffs, and Labor Market Equilibrium. In: Journal of Political Economy . Volume 88, No. 4, August 1980, pp. 652-672.
  • with Kenneth Burdett: Testing for ability in a competitive labor market. In: Journal of Economic Theory . Volume 25, No. 1, August 1981, pp. 42-66.
  • The matching process as a non-cooperative bargaining game. In: John J. McCall (Ed.): The Economics of Information and Uncertainty. University of Chicago Press, Chicago [u. a.] 1982, ISBN 0-226-55559-3 , pp. 233-258.
  • Property Rights and Efficiency in Mating, Racing, and Related Games. In: American Economic Review . Volume 72, No. 5, December 1982, pp. 968-979.

literature

  • Mark Blaug and Howard R. Vane (Eds.): Who's who in economics . 4th edition, Elgar, Cheltenham and Northampton 2003, ISBN 1-84064-992-5 , pp. 583-584
  • Front Matter (& Dale T. Mortensen: Distinguished Fellow 2008) . In: American Economic Review. Volume 99, No. 4, September 2009, pp. Iii – iv, doi: 10.1257 / aer.99.4.i (with picture)

Web links

Commons : Dale Mortensen  - collection of images, videos and audio files

Individual evidence

  1. Nobel laureate Dale Mortensen dies at 74 ( Memento of the original from January 10, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.crescent-news.com
  2. ^ Dale Mortensen, Nobel Winner for Labor Market Work, Dies at 74
  3. ^ Book of Members. (PDF) Retrieved July 23, 2016 (English).