Empirical economists win Nobel Prize
Card, Angrist and Imbens share prize for work on labour markets and causality
Three empirical economists were revealed today (October 11) as the joint winners of this year’s Nobel Prize for Economics.
David Card won the prize for “new insights about the labour market”, while Josh Angrist and Guido Imbens were recognised for their investigation of “cause and effect” using natural experiments.
“Their approach has spread to other fields and revolutionised empirical research,” the Nobel Prize committee said of the three
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