2021 Economics Nobel Prize predictions
Silently rooting for a causal inference and an empirical labor prize
I grew up loving all major awards, be it the Academy Awards or the awards given out at the end of Little League baseball season. So obviously when I became an economist, that enthusiasm would continue to our awards, such as the John Bates Clark Award and the Nobel Prize in economics. I love everything about the week we celebrate someone or some group of people’s contributions to our science, because I love economics and I love economists. I even love the annual tradition of someone telling me it isn’t a real award. Every year, I act surprised and say to them “What? Go on, tell me more.” And it never gets old.
I used to only predict Al Roth would win, because I had read Roth and Sotomayor’s book on two-sided matching in graduate school three times, and it more or less changed my entire worldview. Then he won, and I moved on to predicting Josh Angrist, David Card and Alan Krueger. Tragically, Professor Krueger passed away before he could win the award, which while in the scheme …
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