The 2021 Nobel Prize Laureates in Economics

Submitted by avimanyu pramanik on Wed, 12/08/2021 - 19:46

The 2021 Nobel Prize Laureates in Economics

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 with one half to David Card “for his empirical contributions to labour economics” and the other half jointly to Joshua Angrist and Guido Imbens “for their methodological contributions to the analysis of causal relationships”

David Card was born in Guelph, Ontario, in 1956. . He earned his Bachelor of Arts degree from Queen's University in 1978 and his Ph.D. degree in economics in 1983 from Princeton University.

Joshua Angrist was born to a Jewish family in Columbus, Ohio in  1960, and raised in Pittsburgh, Pennsylvania, where he graduated from Taylor Allderdice High School in 1977. He received his B.A. in economics from Oberlin College in 1982. He lived in Israel from 1982 until 1985 and served as a paratrooper in the Israeli Defence Forces. He received a M.A. and a Ph.D. in economics from Princeton University in 1987 and 1989, respectively.

Guido Imbens was born in Geldrop, Netherlands in 1963. In 1975 his family moved to Deurne, where he attended Peellandcollege. As a child, he was an avid chess player. In a 2021 interview, Imbens connected his passion for econometrics to his childhood interest in the game. He graduated with a Candidate's degree in Econometrics from Erasmus University Rotterdam in 1983. He subsequently obtained an MSc degree with distinction in Economics and Econometrics from the University of Hull in Kingston upon Hull, UK in 1986. In 1986, one of his mentors at the University of Hull, Anthony Lancaster, moved to Brown University in Providence, Rhode Island. He followed Lancaster and came to Brown to pursue further graduate and doctoral studies. He received an AM and a PhD degree, both in Economics, from Brown in 1989 and 1991, respectively.

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