We use a combination of deep, high angular resolution imaging data from the
CDFS (HST/ACS GOODS survey) and ground based near-IR Ks images to derive the
evolution of the galaxy major merger rate in the redshift range 0.2≤z≤1.2. We select galaxies on the sole basis of their J-band rest-frame,
absolute magnitude, which is a good tracer of the stellar mass. We find steep
evolution with redshift, with the merger rate ∝(1+z)3.43±0.49 for
optically selected pairs, and ∝(1+z)2.18±0.18 for pairs selected
in the near-IR. Our result is unlikely to be affected by luminosity evolution
which is relatively modest when using rest-frame J band selection. The
apparently more rapid evolution that we find in the visible is likely caused by
biases relating to incompleteness and spatial resolution affecting the ground
based near IR photometry, underestimating pair counts at higher redshifts in
the near-IR. The major merger rate was ∼5.6 times higher at z∼1.2
than at the current epoch. Overall 41%×(0.5\gyr/τ) of all
galaxies with MJ≤−19.5 have undergone a major merger in the last \sim8
\gyr, where τ is the merger timescale. Interestingly, we find no effect
on the derived major merger rate due to the presence of the large scale
structure at z=0.735 in the CDFS.Comment: Accepted for Publication in ApJ. 9 Figure