Age, Biography and Wiki

Gary S. Fields was born on 1 October, 1946, is an American economist. Discover Gary S. Fields's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 77 years old?

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Age 77 years old
Zodiac Sign Libra
Born 1 October, 1946
Birthday 1 October
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We recommend you to check the complete list of Famous People born on 1 October. He is a member of famous economist with the age 77 years old group.

Gary S. Fields Height, Weight & Measurements

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Gary S. Fields Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Gary S. Fields worth at the age of 77 years old? Gary S. Fields’s income source is mostly from being a successful economist. He is from . We have estimated Gary S. Fields's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
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Timeline

1946

Gary Sheldon Fields (born October 1, 1946 ) is an American economist, the John P. Windmuller Professor of International and Comparative Labor and Professor of Economics at Cornell University.

1967

Fields obtained his B.A. (1967), M.A. (1969) and Ph.D. (1972) from the University of Michigan in economics.

1972

Fields joined Yale University as an assistant professor of economics in 1972, being promoted to associate professor in 1976 and directing the Economic Growth Center from 1977 to 1978.

1975

His most-cited research article, published in 1975, analyzes the unemployment and underemployment in least developed countries in a quantity adjustment framework by making extensions to the Harris-Todaro model of rural-urban migration, namely (1) allowances for more generalized job search behavior, an urban traditional sector, preferential hiring by educational level, and labor turnover considerations.

A predicted unemployment rate much lower than in the initial model and more in line with empirical observations is the result of these modifications, explaining the appeal of Fields' labor market model in development economics.

1978

In 1978 he moved to Cornell University as associate professor of industrial and labor relations, becoming full professor in 1982 and being endowed with the John P. Windmuller Chair of International and Comparative Labor in 2008.

1991

At Cornell University he has been director of the ILR International Initiative (1991–94) and of the Program on Globalization and the Workplace (2007–10) as well as chairman of Department of Labor Economics and the Department of International and Comparative Labor.

He has also worked as an advisor for the World Bank, International Labour Organization, Asian Development Bank, Inter-American Development Bank, Global Development Network, and the United Nations, private companies like Deloitte and governments.

Fields' fields of academic interest include labor economics, development economics, and the economics of the workplace and management, although his current research concentrates on economic mobility, labor market models, and labor markets in developing economies.

The bibliographic database IDEAS/RePEc lists him among the top 5% authors in economics according to a number of metrics, e.g. average rank score and number of citations.

1996

In another highly cited article, co-authored with Efe A. Ok and published in 1996, Fields defines the concept of income mobility and develops a measure of income mobility which is additively decomposable into its two sources, namely the transfer of income among individuals within a given structure and the change in total income, e.g. due to economic growth or contraction.

His most recent work centers on the working poor, defined as individuals working (often as self-employed) but earning less than $2 (PPP) per day, and their attempts to enter wage-paying employment or improve their earnings within self-employment.

2014

Fields has performed extensive research in labor economics and development economics, in particular labor mobility, which was rewarded with the IZA Prize in Labor Economics in 2014.