Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021

On Monday, 11 October 2021, the Royal Swedish Academy of Sciences announced the decision 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 D. Angrist and Guido W. Imbens “for their methodological contributions to the analysis of causal relationships.”

“This year’s Laureates – David Card, Joshua Angrist and Guido Imbens – have provided us with new insights about the labour market and shown what conclusions about cause and effect can be drawn from natural experiments. Their approach has spread to other fields and revolutionised empirical research.” (from the press release of the Royal Swedish Academy of Sciences)

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