Sep 30, 2020
Research Advisory Committee Member Guido W. Imbens Jointly Awarded Nobel Prize in Economics
Shared prize recognized work showing how cause and effect can be drawn from natural experiments
Research Advisory Committee Member Guido W. Imbens has been jointly awarded the Nobel Prize in economic sciences.
The prize was awarded to three economists: David Card, for empirical contributions to labour economics, and jointly to Imbens and Joshua D. Angrist, for methodological contributions to the analysis of causal relationships.
In announcing the award, the Royal Swedish Academy of Sciences said Angrist and Imbens' work had demonstrated how precise conclusions about cause and effect could be drawn from natural experiments.
“Their research has substantially improved our ability to answer key causal questions, which has been of great benefit to society,” said Peter Fredriksson, chair of the Economic Sciences Prize Committee.
Imbens received his Ph.D. from Brown University, and is a Professor of Economics at the Stanford Graduate School of Business and in the Economics Department at Stanford University.
As a member of the collaborative's Research Advisory Committee, he helps set research priorities and determine which projects receive funding.
Collaborative director Andrew Morral said he was grateful to have Imbens' expertise to draw on for the work of the collaborative.