Yesterday 11/10, 3 economists in the US are David Card, Joshua D. Angrist and Guido W. Imbens are officially honored at the Nobel Economic Awards Ceremony of 2021.0: 00/4: 39 Nobel Southern Nobel Te 2021 was given to David Card, Joshua D. Angrist and Guido W
. Imbens for their research on natural experiments, especially their contributions to better understanding the way marketing market. fruits, for realistic and moral reasons. But now, the work of these three winners helped modern economists to better use natural experiments in studying economic fields
Peter Fredriksson, Chairman of the Nobel Prize President said : "Sometimes, nature or policy changes offer situations like random experiments. The winners of this year have shown that such natural experiments can help answer important questions for society. "Officials in Stockholm have announced Nobel award-winning people in economics 2021: David Card, Joshua D. Angrist and Guido W. Imbens. Photo: @ Claudio Bresciani / TT News Agency. Card was born in 1956 in Guelph, Canada and is currently a professor at the University of California- Berkeley; Mr. Agrist was born in 1960 in Columbus, Ohio and is currently a professor at the Massachusetts Institute of Technology; And Mr. Imbens was born in Eindhoven, Netherlands in 1963 and was a professor at Stanford University (USA). In fact, Nobel Economic Prizes in the past have been dominated by US individuals and organizations and the results this time are not exceptional
Royal Swedish Academy Academy has decided to award the prize Nobel economy this year for the above 3 researchers, with 1/2 of the prize belongs to Mr. David Card (California University, Berkeley) for his actual contributions to specialized labor economics. Naturally since the early 1990s, Mr. David Card analyzed the impacts of minimum wage, immigration and education to the labor market. Card, Mr. Card and colleagues considered dark wages New Jersey's minority from US $ 4.25 to 5.05 dollars an hour. Later, he compared the state and neighboring restaurants to the eastern Pennsylvania, and found that there was no job decline at Pennsylvania restaurants whether New Jersey had a higher minimum wage .1 / 2 The remaining prize is the general reward of 2 Economics Joshua D. Angrist (Massachusetts Technology Academy, Cambridge) and Guido W. Imbens (Stanford University) for scientific research related Methodology in analyzing the correlations between causes and consequences in the economic field. In that, both developed theoretical framework to indicate exactly the conclusions about the cause and possible results Drawn from natural experiments. By clarifying the assumptions needed to establish causal relations, this theoretical framework has increased the transparency and reliability of experimental research. That theory frame has been working with the scientists with the widely applied observation data.Guido W. Imbens said in the call with reporters in Stockholm: "I'm really stunned when I get a phone call , then I was extremely moved to know this news, and added that he was very touched when sharing a prize with his good friend as the economist Joshua D. Angrist.david Canadian Card, Joshua Angrist Israeli American and Guido Imbens Netherlands won the Nobel Economic Prize for profound insights on the labor market and "natural experiments". Photo: @ Niklas Elmehed.peter Fredriksson, owner The Nobel Economic Prize Commission said, David Card, Joshua Angrist and Guido Imbens "fully reshaped the experiment in economic science; Three winners provided us with new knowledge about the labor market, and showed any conclusions about the causes and results that could be drawn from natural experiments; Their approach was used in other areas and has "revolutionized experimental research". Peter Fredriksson also said that the winners showed that natural experiments in the science and technology Types of a "rich source of knowledge" last year, the economists of Stanford Paul R. Milgrom and Robert B. Wilson were awarded because "improvements to auction theory and play Minh produced new forms of auctions ". It is known that the Nobel Economic Award 2021 comes with a cash prize worth 10 million Krones Swedish (1.1 million USD) and a gold medal. And Nobel Economic 2021 is the 6th prize and is also the last prize published in the Nobel Winter 2021. The owner of Nobel Awards Medicine, Physics, Chemistry, Literature and Peace has been announced in Last week.Hua D . Dịch vụ:
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