John Pencavel
English economist
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John H. Pencavel is a British economist and academic, currently serving as Levin Professor of Economics (Emeritus) at Stanford University, having been at the institution since 1969. He is a Fellow of the Econometric Society (1993), Fellow of University College London (2001), Fellow of the Society of Labor Economists (2004), and Distinguished Fellow of the American Economic Association.
- John Spraos
- Albert Rees
Labour economics
John Pencavel | |
|---|---|
| Academic background | |
| Alma mater | University College London Princeton University |
| Influences |
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| Academic work | |
| Discipline | Econometrics Labour economics |
| Institutions | Stanford University |
| Awards | Jacob Mincer Award (2008) |
| Website | |
Career
Pencavel grew up in Hanwell, West London, attending Drayton Manor Grammar School. He then went on to read Economics at University College London, gaining both a BSc (1965) and MSc (1966), before receiving his PhD from Princeton University in 1969.[1]
In 2005, he was made President of the Society of Labor Economists, and in 2014 was made President of the Western Economic Association.[2]
Pencavel's major contributions lie within labour economics, focussing on behavioural models of trade unions, and modelling worker cooperatives.[3] Pencavel is also the creator of the JEL Classification System, used in an amended form by the AEA to this day.[4]
Awards
Pencavel was awarded a Guggenheim Fellowship in 1978, and the Jacob Mincer Award for lifetime contributions to labour economics in 2008.[5]