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Odisha government to partner with MIT-based Abdul Latif Jameel Poverty Action Lab (J-PAL)

The Odisha government has decided to partner with Abdul Latif Jameel Poverty Action Lab (J-PAL) for targeted intervention in a set of social sectors including poorest of the poor through policy formulation and evaluations based on experimental research. The co-founders of J-PAL are Nobel laureates Abhijit Banerjee and Esther Duflo. The Massachusettes Institute of Technology ..

Abhijit Banerjee wins 2019 Nobel Economics Prize for study on poverty

Indian-American Abhijit Banerjee, his wife Esther Duflo and Michael Kremer have jointly won the 2019 Nobel Economics Prize for their experimental approach to alleviating global poverty. Mr Banerjee was educated at the University of Calcutta, Jawaharlal Nehru University (JNU) and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation ..

William Nordhaus and Paul Romer awarded as 2018 Nobel Prize for Economics

US duo William D. Nordhaus and Paul M. Romer have won the 2018 Nobel Memorial Prize in Economic Sciences for research “about innovation, climate and economic growth”. Laureate Romer was honoured for his work on the endogenous growth theory, which has generated vast amounts of new research into the regulations and policies that encourage new ..

Gita Gopinath named as Chief Economist of International Monetary Fund

Gita Gopinath, professor at Harvard University, has been appointed chief economist of the International Monetary Fund (IMF). The India-born economist will succeed Maurice (Maury) Obstfeld, who is to retire at the end of 2018.With this, Gopinath will become the 2nd Indian after former RBI Governor Raghuram Rajan to be appointed to the position. According to ..

2012 Nobel for Economics to Roth and Shapley of U.S.

Alvin Roth and Lloyd Shapley of U.S. have been awarded the Nobel economics prize for studies on the match-making that takes place when doctors are coupled up with hospitals; students with schools; and human organs with transplant recipients. As per Royal Swedish Academy of Sciences, their research has sparked a “flourishing field of research” and ..