Three U.S.-based economists awarded 2021 Nobel Prize in economics

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Goran K. Hansson (C), Permanent Secretary of the Royal Swedish Academy of Sciences, and Nobel Economics Prize committee members Peter Fredriksson (L) and Eva Mork (R) give a press conference to announce the winners of the 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm, on October 11, 2021. /CFP

The 2021 Nobel Prize in Economics has been awarded to David Card, Joshua D. Angrist and Guido W. Imbens, the Royal Swedish Academy of Sciences announced on Monday.

Card, a Canadian labor economist and Professor of Economics at the University of California, Berkeley, was awarded "for his empirical contributions to labor economics." Angrist and Imbens were awarded "for their methodological contributions to the analysis of causal relationship."

Angrist is an Israeli American economist and Ford Professor of Economics at the Massachusetts Institute of Technology; Imbens has been a Dutch American economist and Professor of Economics at the Stanford University since 2012.

Source: The Royal Swedish Academy of Sciences

Over the past 10 years, scholars who have won the Nobel Prize in Economics come from various sub-fields of economics, covering financial economics, microeconomics, macroeconomic econometrics, econometrics, behavioral economics, corporate governance, and development economics.

The Nobel Prize in Economics is the last Nobel Prize announced every year. It has been awarded 53 times to 89 economists from 1969 to 2021; awardees includes two female economists.

Graphic by Yu Peng

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