Published 18:42 IST, October 14th 2019
Couple Abhijit Banerjee & Esther Duflo share Nobel Economics Prize
Abhijit Banerjee, an Indian-American economist share the Nobel prize in Economics with his spouse Esther Duflo for their extraordinary work to eradicate poverty
Advertisement
last bel prize was anunced, with Abhijit Banerjee, Esr Duflo, and Michael Kremer, being awarded bel Prize for Ecomics for ir extraordinary work to ericate global poverty. Abhijit Banerjee, Indian-American ecomist happens to share bel prize with his spouse Esr Duflo. bel Prize for Ecomics is officially kwn as Sveriges Riksbank Prize in Ecomic Sciences which is awarded in memory of Alfred bel. anuncement was me by Royal Swedish Acemy of Sciences on October 14.
Abhijit Banerjee shares hour with his wife
winners Abhijit Banerjee and his wife Esr Duflo, are both ecomists at Massachusetts Institute of Techlogy. However, Michael Kremer who will also share bel Prize for Ecomics with couple is an ecomist at Harvard University. While Abhijit Banerjee is Ford Foundation International Professor of Ecomics at MIT, Esr Duflo is Co-Founder and Director of Abdul Latif Jameel Poverty Action Lab (J-PAL), and Professor of Poverty Alleviation and Development Ecomics at MIT.
Advertisement
bel Prize winners worked on microecomic issues to ericate poverty
All three winners have worked toger on microecomic issues that majorly focus on developing countries. ir experiments were focused on alleviating poverty from world. Esr Duflo is second and youngest woman to be awarded bel Prize in field of Ecomic Sciences. She along with her spouse Abhijit Banerjee has done extensive work on how global poverty is impacted by household behaviour, importance of education, access to monetary stability, health care and policymaking. While talking to global media, Duflo said that she felt incredible and that all three of m have worked toger on more than a hundred researches that will help ericate global poverty.
Advertisement
y simplified complicated questions on poverty
bel committee awarded researchers prestigious award for ir work on poverty. researchers were able to simplify complicated questions about poverty into smaller research questions, such as what are best interventions that can help improve child health, furr using approach of experimentation to solve those questions. researchers me a breakthrough in field of ecomics by solving problem of poverty with an experimental problem-solving approach.
Advertisement
Advertisement
16:33 IST, October 14th 2019