2019 Nobel Memorial Prize in Economic Sciences information
2019 Nobel Memorial Prize in Economic Sciences
Award
The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
Banerjee (left), Duflo (centre) and Kremer"for their experimental approach to alleviating global poverty".
Date
15 October 2019 (announcement)
10 December 2019 (ceremony)
Location
Stockholm
Country
Sweden
Presented by
Royal Swedish Academy of Sciences
Reward(s)
10 million SEK (2019)[1]
First awarded
1969
Website
Official website
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Nobel Memorial Prize in Economic Sciences
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The 2019 Nobel Memorial Prize in Economic Sciences was awarded jointly to the economist couple Abhijit Banerjee (born 1961), Esther Duflo-Banerjee (born 1972) and their colleague Michael Kremer (born 1964) "for their experimental approach to alleviating global poverty".[2][3][4] Banerjee and Duflo are the sixth married couple to jointly win a Nobel Prize.[5][6][7] The press release of the Royal Swedish Academy of Sciences noted:
"The research conducted by this year's Laureates has considerably improved our ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research. They have laid the foundations of the best way to design measures that reduce global poverty"[3][8]
Their key contribution to economics is the usage of randomized controlled trials (RCT) in development economics.[3][4]
^"The Nobel Prize amounts". Nobelprize.org. Archived from the original on 20 July 2018. Retrieved 20 August 2022.
^The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 nobelprize.org
^ abcWearden, Graeme (14 October 2019). "Nobel Prize in Economics won by Banerjee, Duflo and Kremer". The Guardian. ISSN 0261-3077. Retrieved 20 August 2022.
^ abHannon, Dominic Chopping and Paul (14 October 2019). "Nobel Prize in Economics Awarded for Work Alleviating Poverty". The Wall Street Journal. Retrieved 20 August 2022.
^Nobel Prize-awarded couples nobelprize.org
^"Abhijit Banerjee, Esther Duflo Winning the Nobel Prize Together is #CoupleGoals". News 18. 20 August 2022. Retrieved 14 October 2019.
^Nathaniel Whelan (10 July 2020). "Couples Who Won The Nobel Prize". worldatlas.com. Retrieved 31 July 2022.
^The Prize in Economic Sciences 2019 – Press Release nobelprize.org
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The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
