Question- Which of the following has won the Noble Prize in Economics?
(a) David Card
(b) Joshua D. Angrist
(c) Guido W. Imbens
(d) All of the above
Ans. (d)
Related facts
- On October 11, 2021, Canadian-born David Card of the University of California, Berkeley, was awarded one half of the prize for his research on how minimum wage, immigration and education affect the labour market.
- While the other half was shared by Joshua Angrist from the Massachusetts Institute of Technology and Dutch-born Guido Imbens from Stanford University for their framework for studying issues that can’t rely on traditional scientific methods.
- As per the Royal Swedish Academy of Sciences, the three have “completely reshaped empirical work in the economic sciences.”
- Card’s studies of core questions for society and Angrist and Imbens’ methodological contributions have shown that natural experiments are a rich source of knowledge,”
By- Yogesh Pratap Singh
Reference- https://www.thehindu.com/news/international/economic-nobel/article36940139.ece?homepage=true.