Nobel Prize for Achievements in Economic Sciences for 2019
Abstract
The Royal Swedish Academy of Sciences has decided to award the 2019 Swedish National Bank Prize for Excellence in Economic Sciences in Memory of Alfred Nobel to Abhijit Banerjee, Esther Duflo and Michael Kremer "for their experimental approach to tackling global poverty". Abhijit Banerjee1 was born in 1961 in Mumbai, India. He defended his PhD thesis on "Reflections on Information Economics" in 1988 at Harvard University, USA.
References
Aiken, A. M., C. Davey, J. R. Hargreaves and R. J. Hayes (2015). Re-analysis of Health and Educational Impacts of a School-based Deworming Programme in Western Kenya: A Pure Replication. International Journal of Epidemiology 44(5):1572– 1580.
Angrist, J. D. and J.-St. Pischke (2010). The Credibility Revolution in Empirical Economics: How Better Research Design Is Taking the Con out of Econometrics. Journal of Economic Perspectives 24(2): 3-30.
Attanasio, O., C. Meghir and A. Santiago. (2012). Education Choices in Mexico: Using a Structural Model and a Randomized Experiment to Evaluate Progresa. Review of Economic Studies 79(1): 37–66.
Arkes, H. R. and C. Blumer (1985). The Psychology of Sunk Cost. Organizational Behavior and Human Decision Processes 35: 124-140.
Athey, S. and G. W. Imbens (2017). The Econometrics of Randomized Experiments. In: A. Banerjee and E. Duflo (eds.). Handbook of Field Experiments, Vol 1: 73-140. Amsterdam: North Holland, Elsevier.
Banerjee, A., R. Banerji, J. Berry, E. Duflo, H. Kannan, Sh. Mukherji, M. Shotland and M. Walton (2016). Mainstreaming an Effective Intervention: Evidence from Randomized Evaluations of ‘Teaching at the Right Level’ in India. NBER Working Paper No. 22746.
Banerjee, A., R. Banerji, J. Berry, E. Duflo, H. Kannan, Sh. Mukherji, M. Shotland and M. Walton (2017). From Proof of Concept to Scalable Policies: Challenges and Solutions, with an Application. Journal of Economic Perspectives 31(4): 73-102.
Banerjee, A., R. Banerji, E. Duflo, R. Glennerster and S. Khemani (2010). Pitfalls of Participatory Programs: Evidence from a Randomized Evaluation in Education in India. American Economic Journal: Economic Policy 2(1): 1-30.
Banerjee, A, A. G. Chandrasekhar, E. Duflo and M. O. Jackson (2013). The Diffusion of Microfinance. Science 341(6144): DOI: 1236498.
Banerjee, A., S. Cole, E. Duflo and L. Linden (2007). Remedying Education: Evidence from Two Randomized Experiments in India. Quarterly Journal of Economics 122(3): 1235-1264.
Banerjee, A., A. Deaton and E. Duflo (2004). Wealth, Health, and Health Services in Rural Rajasthan. American Economic Review 94(2): 326-330.
Banerjee, A. and E. Duflo (2005). Growth Theory Through the Lens of Development Economics. In: Durlauf, St. and Ph. Aghion (eds.). Handbook of Economic Growth, Vol. 1A: 473–552. Amsterdam: North Holland, Elsevier.
Banerjee, A. and E. Duflo (2007). The Economic Lives of the Poor. Journal of Economic Perspectives 21(1): 141-167.
Banerjee, A. and E. Duflo (2009). The Experimental Approach to Development Economics. Annual Review of Economics 1: 151-178.
Banerjee, A. and E. Duflo (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. New York, NY: Public Affairs.
Banerjee, A. and E. Duflo (2014). Do Firms Want to Borrow More? Testing Credit Constraints Using a Directed Lending Program. Review of Economic Studies 81(2): 572-607.
Banerjee, A., E. Duflo and R. Glennerster (2008). Putting a Band Aid on a Corpse: Incentives for Nurses in the Indian Public Health Care System. Journal of the European Economic Association 6(2-3): 487-500.
Banerjee, A., E. Duflo, R. Glennerster and C. Kinnan (2015). The Miracle of Microfinance? Evidence from a Randomized Evaluation. American Economic Journal: Applied Economics 7(1): 22-53.
Banerjee, A., E. Duflo, R. Glennerster and Dh. Kothari (2010). Improving Immunization Coverage in Rural India: A Clustered Randomized Controlled Evaluation of Immunization Campaigns with and without Incentives. British Medical Journal 340: C2220.
Banerjee, A., E. Duflo, N. Goldberg, D. Karlan, R. Osei, W. Parienté, J. Shapiro,
B. Thuysbaert and Ch. Udry (2015). A Multi-faceted Program Causes Lasting Progress for the Very Poor: Evidence from Six Countries. Science 348(6236): DOI: 1260799.
Banerjee, A., D. Karlan and J. Zinman (2015). Six Randomized Evaluations of Microcredit: Introduction and Further Steps. American Economic Journal: Applied Economics 7(1): 1-21.
Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics 106(2): 407-443.
Beaman, L., R. Chattopadhyay, E. Duflo, R. Pande and P. Topalova (2009). Powerful Women: Does Exposure Reduce Bias? Quarterly Journal of Economics 124(4): 1497-1540.
Benjamin-Chung, Jade, B. F. Arnold, J. Abedin, L. Falcao, A. E. Clark, E. Konagaya, St. P. Luby, E. Miguel and J. M. Colford (2015). The Identification and Measurement of Health-Related Spillovers in Impact Evaluations: A Systematic Review. 3ie Systematic Review 22. London: International Initiative for Impact Evaluation (3ie).
Bold, T., D. Filmer, G. Martin, E. Molina, B. Stacy, Ch. Rockmore, J. Svensson and W. Wane (2017). Enrollment without Learning: Teacher Effort, Knowledge, and Skill in Primary Schools in Africa. Journal of Economic Perspectives 31(4): 1–21.
Bold, T., Mwangi Kimenyi, Germano Mwabu, A. Ng’ang’ and J. Sandefur (2018). Experimental Evidence on Scaling Up Education Reforms in Kenya. Journal of Public Economics 168: 1-20.
Card, D., St. DellaVigna and U. Malmendier (2011). The Role of Theory in Field Experiments. Journal of Economic Perspectives 25(3): 39-62.
Chattopadhyay, R. and E. Duflo. (2004). Women as Policy Makers: Evidence from an India-Wide Randomized Policy Experiment. Econometrica 72(5): 1409-1444.
Chaudhury, N., J. Hammer, M. Kremer, K. Muralidharan and F. Halsey Rogers (2006). Missing in Action: Teacher and Health Worker Absence in Developing Countries. Journal of Economic Perspectives 20(1): 91-116.
Cohen, J. and P. Dupas (2010). Free Distribution or Cost-Sharing? Evidence from a Randomized Malaria Experiment. Quarterly Journal of Economics 125(1): 1-45.
Crépon, B., E. Duflo, M. Gurgand, R. Rathelot and Ph. Zamora (2013). Do Labor Market Policies Have Displacement Effects? Evidence from a Clustered Randomized Experiment. Quarterly Journal of Economics 128(2): 531580.
Croke, K., E. Hsu and M. Kremer (2017). More Evidence on the Effects of Deworming: What Lessons Can We Learn? American Journal of Tropical Medicine and Hygiene 96(6): 1265-1266.
Dillon, M. R., H. Kannan, J. T. Dean, E. S. Spelke and E. Duflo (2017). Cognitive Science in the Field: A Preschool Intervention Durably Enhances Intuitive but not Formal Mathematics. Science 357(6346): 47-55.
Duflo, E. (2004). Scaling Up and Evaluation. In: Bourguignon, F. and B. Pleskovic (eds.). Accelerating Development. New York, NY: Oxford University Press. Duflo, E. (2006a). Field Experiments in Development Economics. In: Blundell, R., Wh. Newey, and T. Persson (eds.). Advances in Economics and Econometrics: Theory and Applications, Ninth World Congress, Vol. 2, 322-348. New York, NY: Cambridge University Press.
Duflo, E. (2006b). Poor but Rational? In: Banerjee, A., D. Mookherjee and R. Benabou (eds.). Understanding Poverty. New York, NY: Oxford University Press.
Duflo, E. (2012). Women Empowerment and Economic Development. Journal of Economic Literature 50(4): 1051-1079.
Duflo, E., P. Dupas and M. Kremer (2011). Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya. American Economic Review 101(5): 1739-1774.
Duflo, E., P. Dupas and M. Kremer (2015). School Governance, Teacher Incentives, and Pupil-Teacher Ratios: Experimental Evidence from Kenyan Primary Schools. Journal of Public Economics 123: 92-110.
Duflo, E., R. Glennerster and M. Kremer (2006). Using Randomization in Development Economics Research: A Toolkit. NBER Technical Working Paper
333. Reprinted in Schultz, T. P. and J. Strauss (eds.). Handbook of Development Economics, 2007, Vol. 4, 3895-3962. Amsterdam: North Holland, Elsevier.
Duflo, E., M. Greenstone, R. Pande and N. Ryan (2018). The Value of Regulatory Discretion: Estimates from Environmental Inspections in India. Econometrica 86(6): 2123-2160.
Duflo, E., R. Hanna and S. Ryan (2012). Incentives Work: Getting Teachers to Come to School. American Economic Review 102(4): 1241-1278.
Duflo, E., M. Kremer and J. Robinson (2008). How High Are Rates of Return to Fertilizer? Evidence from Field Experiments in Kenya. American Economic Review 98(2): 482-488.
Duflo, E., M. Kremer and J. Robinson (2011). Nudging Farmers to Use Fertilizer: Theory and Experimental Evidence from Kenya. American Economic Review 101(6): 2350-2390.
Duflo, E. and E. Saez (2003). The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment. Quarterly Journal of Economics 118(3): 815-842.
Dupas, P. and E. Miguel (2017). Impacts and Determinants of Health Levels in Low-Income Countries. In: Duflo, E. and A. Banerjee (eds.). Handbook of Field Experiments, Vol. 2. Amsterdam: North Holland, Elsevier.
Glewwe, P., N. Ilias and M. Kremer (2010). Teacher Incentives. American Economic Journal: Applied Economics 2(3): 205-227.
Glewwe, P., M. Kremer, and S. Moulin (2009). Many Children Left Behind? Textbooks and Test Scores in Kenya. American Economic Journal: Applied 1(1): 112-135.
Glewwe, P., M. Kremer, S. Moulin and E. Zitzewitz (2004). Retrospective vs. Prospective Analyses of School Inputs: The Case of Flip Charts in Kenya. Journal of Development Economics 74(1): 251-268.
Glewwe, P. and K. Muralidharan (2015). Improving School Education Outcomes in Developing Countries: Evidence, Knowledge Gaps, and Policy Implications. RISE Working Paper 15/001.
Greenwald, A. G., D. E. McGhee and J. L.K. Schwartz. (1998). Measuring Individual Differences in Implicit Cognition: The Implicit Association Test. Journal of Personality and Social Psychology 74(6): 1464-1480.
Grossman, M. (1972). On the Concept of Health Capital and the Demand for Health. Journal of Political Economy 80(2): 223-255.
Gueron, J. M. (2017). The Politics and Practice of Social Experiments: Seeds of a Revolution. In: Duflo, E. and A. Banerjee (eds.). Handbook of Field Experiments, Vol. 1, Amsterdam: North Holland, Elsevier.
Hargreaves, J. R., A. M. Aiken, C. Davey and R. J. Hayes (2015). Authors’ Response to: Deworming Externalities and School Impacts in Kenya. International Journal of Epidemiology 44(5): 1596-1599.
Harrison, G. W. and J. A. List (2004). Field Experiments. Journal of Economic Literature 42(4): 1009-1055.
Hausman, J. A. and D. A. Wise (1985). Social Experimentation. Chicago, IL: University of Chicago Press.
Hicks, J. H., M. Kremer and E Miguel (2015). Commentary: Deworming Externalities and Schooling Impacts in Kenya: A comment on Aiken et al. (2015) and Davey et al. (2015). International Journal of Epidemiology 44(5): 1593-1596.
Holland, P. W. (1986). Statistics and Causal Inference. Journal of the American Statistical Association 81(396): 945-960.
Holmström, B. (1982). Managerial Incentive Problems: A Dynamic Perspective. In: Essays in Honour of Lars Wahlbeck. Helsinki, Finland.
Kremer, M. (2003). Randomized Evaluations of Educational Programs in Developing Countries: Some Lessons. American Economic Review 93(2): 102-106.
Kremer, M, C. Brannen and R. Glennerster (2013). The Challenge of Education and Learning in the Developing World. Science 340(6130): 297-300.
Kremer, M and R. Glennerster (2011). Improving Health in Developing Countries. In: M. V. Pauly, Th. G McGuire, P. Pita Barros (eds.). Handbook of Health Economics, Vol. 2. Amsterdam: North Holland, Elsevier.
Kremer, M. and E. Miguel (2007). The Illusion of Sustainability. Quarterly Journal of Economics 122(3): 1007-1065.
Kremer, M., E. Miguel, J. Leino and A. Peterson Zwane. (2011). Spring Cleaning: Rural Water Impacts, Valuation and Property Rights Institutions. Quarterly Journal of Economics 126(1): 145-205.
Kremer, M., Gautam Rao and F. Schilbach (2019). Behavioral Development Economics. In: Bernheim, D., S. DellaVigna and D. Laibson (eds.). Handbook of Behavioral Economics Foundations and Applications 2, Vol. 2. Amsterdam: North Holland, Elsevier.
Kruk, M. E., A. D. Gage, N. T. Joseph, G. Danaei, S. Garcia-Saiso and J. A. Salomon (2018). Mortality Due to Low-quality Health Systems in the Universal Health Coverage Era: A Systematic Analysis of Amenable Deaths in 137 Countries. Lancet 392: 2203-2212.
Lucas, R. E. (1988). On the Mechanisms of Economic Development. Journal of Monetary Economics 22(1): 3-42.
Mankiw, N. G., D. Romer and D. N. Weil (1992). A Contribution to the Empirics of Economic Growth. Quarterly Journal of Economics 107(2): 407-437.
Manski, Ch. F. and I. Garfinkel (1992). Evaluating Welfare and Training Programs. Cambridge, MA: Harvard University Press.
Miguel, E. and M. Kremer (2004). Worms: Identifying Impacts on Education and Health in the Presence of Treatment Externalities. Econometrica 72(1): 159-217. Newhouse, J. P. (1993). Free for All? Lessons from the RAND Health Insurance Experiment. Cambridge, MA: Harvard University Press.
Persson, T. and G. Tabellini (2000). Political Economics. Cambridge, MA: MIT Press.
Schweinhart, L. J., H. V. Barnes and D. P. Weikart (1993). Significant Benefits: The High/Scope Perry Preschool Study Through Age 27. Ypsilanti, MI: High/Scope Press.
Thaler, R. (1980). Toward a Positive Theory of Consumer Choice. Journal of Economic Behavior and Organization 1(1): 39-60.
Thomas, D. P. (1997). Sailors, Scurvy and Science. Journal of the Royal Society of Medicine 90(1): 50-54.
Todd, P. E. and K. I. Wolpin (2006). Assessing the Impact of a School Subsidy Program in Mexico: Using a Social Experiment to Validate a Dynamic Behavioral Model of Child Schooling and Fertility. American Economic Review 96(5): 1384-1417.
UIS. (2017). More than One-Half of Children and Adolescents Are Not Learning Worldwide. Fact Sheet No. 46. UNESCO/UIS. Montreal.
UK Government. (2009). PM’s Article on Universal Healthcare. Statements and articles 2009/09 (https://webarchive.nationalarchives.gov.uk/20100511120725/http:// www.number10.gov.uk/news/statements-and-articles/2009/09/pms-article-on-maternal- healthcare-20720).
Vermeersch, Ch. and M. Kremer (2005). School Meals, Educational Achievement and School Competition: Evidence from a Randomized Evaluation. Policy Research Working Paper No. 3523. World Bank, Washington, DC.
WHO (2017). Guideline: Preventive Chemotherapy to Control Soil-Transmitted Helminth Infections in At-Risk Population Groups. Geneva: World Health Organization.
