A space to explore, share and shape the issues facing social and behavioral scientists
Decades of research have seen economic historian Claudia Goldin methodically collate data and archival stories, detective style, to uncover explanations for the rise and fall (and rise again) of women’s paid employment over the centuries
Economic historian and labor economist Claudia Goldin on Monday received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2023, commonly known as the Nobel in economics. The citation from the Nobel Committee cited Goldin “for having advanced our understanding of women’s labor market outcomes.”
Robert “Bob” Lucas Jr., an economist, educator and Nobel Prize in Economics laureate, died May 15. He was 85.
This year’s Nobel prize in economics has gone to Douglas Diamond, Philip Dybvig and former Federal Reserve Chair Ben Bernanke for their work on banks and how they relate to financial crises. “The laureates’ insights,” said Tore Ellingsen, chair of the Committee for the Prize in Economic Sciences, “have improved our ability to avoid both serious crises and expensive bailouts.”
This year’s Nobel Prize in economics has been awarded to Canadian -born but US-based economist David Card for his work with Alan Krueger in reversing the perception that raising the minimum wage inevitably reduces the number of jobs.
The Nobel committee’s decision to award its economics prize for 2021 to David Card, Josh Angrist and Guido Imbens marks […]
Two economists whose work on how auctions work shone a much broader light on how people value and price goods and service have received the 2020 Nobel Prize in economics.
Over the last three decades randomized trials have become an increasingly popular way of testing interventions designed to address developmental challenges. But do RCTs generate reliable results – or even retard progress?
“Many people die without getting a transplant because there aren’t enough organs for the people who need them, living donor organs included. Sometimes, you might love someone enough to give him a kidney but you can’t give a kidney to the person you love, because kidneys have to be very well-matched. Kidney exchange is a way of getting some transplants done, even when patients and their donors are not well matched.”
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 (commonly known as the Nobel Prize for Economics) has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” Through the award, the Nobel committee recognized both the significance of development economics in the world today and the innovative approaches developed by these three economists.
Two academics who have integrated what might have once seemed like non-economic externalities into economic models have been awarded the 2018 Nobel Prize in economics. The winners are William D. Nordhaus of Yale University, cited for integrating climate change into macroeconomic analysis, and Paul M. Romer of New York University’s Stern School of Business, cited doing the same with technological innovations.
Richard Thaler was not the first proponent of behavioral economics to be awarded a Nobel Prize, notes Sergey Popov. But Thaler’s star turn came when the Great Recession and it orgy or irrationality brought a lot of attention to research that extensively cites the University of Chicago’s economist’s 40-year-long academic career.
