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Economics Nobel goes to US researchers for insights into labour market dynamics

Three US academicians from prestigious universities were on Monday conferred the Nobel Prize for Economics for their contribution in adopting the techniques of clinical trials to understand the impact of cause and effect in economic phenomenon, especially the labour market and its dynamics.
Stanford University United States Guidow Imbens Peter Fredriksson Joshuad Angrist University Of California

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Three U.S. economists share 2021 Nobel Prize for work on 'natural experiments'

A U.S.-based economist won the Nobel prize for economics Monday for pioneering research that showed an increase in minimum wage does not lead to less hiring and immigrants do not lower pay for native-born workers, challenging commonly held ideas. Two others shared the award for creating a way to study these types of societal issues.
Stanford University United States Ardem Patapoutian Dmitry Muratov Maria Ressa Guido Imbens
Source: cp24.com

Nobel Economics Prize 2021 Goes To "Natural Experiments" Pioneers David Card, Joshua Angrist and Guido Imbens

Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering "natural experiments" to show real-world economic impacts in areas from the U.S. fast-food sector to migration from Castro-era Cuba.
United States New Jersey Uppsala Lan Peter Fredriksson Guido Imbens Alfred Nobel
Source: ndtv.com

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