Nobel Prize in Economics 2021: The Nobel Prize in Economics 2021 has been announced to be awarded to three American economists. Half of the prize money will be given to economist David Card, while the remaining half will be divided between two economists, Joshua de Angrist and Guido Imbens.
These economists have been awarded the 2021 Nobel Prize in Economics for their work on drawing conclusions from natural experiments. The Nobel Prize winners include David Card of the University of California at Berkeley, Joshua De Angrist of the Massachusetts Institute of Technology, and Guido Imbens of Stanford University.
BREAKING NEWS:
The 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded with one half to David Card and the other half jointly to Joshua D. Angrist and Guido W. Imbens.#NobelPrize pic.twitter.com/nkMjWai4Gn— The Nobel Prize (@NobelPrize) October 11, 2021
The Royal Swedish Academy of Sciences stated that all three had completely replaced empirical work in the economic sciences. Joshua D. Angrist and Guido W. Imbans have been awarded the prize for their methodological contributions to the analysis of causal relationships in economic science. While David Card has been awarded the prize for his empirical contribution to labor economics.
