Tuesday 15 October 2019

Nobel prize For Economics

Nobel prize For Economics

 Abhijit Banerjee and Esther Duflo of Massachusetts Institute of Technology, and Michael Kremer of Harvard University.

This is only the second time a woman has bagged the prestigious award, popularly called the Economics Nobel, and it is a first for a husband-wife duo to win in this discipline   Mr. Banerjee is married to Ms. Duflo

The 2019 Nobel Prize for Economics has been jointly won by Indian-American Abhijit Banerjee, his wife, Esther Duflo, and Michael Kremer of the United States for their experimental approach to alleviating global poverty.

 58-year-old Abhijit Vinayak Banerjee was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his PhD in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. In 2003 he founded the Abdul Latif Jameel Poverty Action Lab (J-PAL), along with Esther Duflo and Sendhil Mullainathan, and he remains one of the lab’s directors.

Banerjee is a past president of the Bureau for the Research in the Economic Analysis of Development, a Research Associate of the NBER, a CEPR research fellow, International Research Fellow of the Kiel Institute, a fellow of the American Academy of Arts and Sciences and the Econometric Society, and has been a Guggenheim Fellow and an Alfred P. Sloan Fellow and a winner of the Infosys Prize.

Michael Robert Kremer is an American development economist who is the Gates Professor of Developing Societies at Harvard University

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