The Abdul Latif Jameel Poverty Action Lab (J-PAL)
Release: J-PAL Co-Founders Abhijit Banerjee and Esther Duflo Awarded Nobel Memorial Prize in Economics
J-PAL co-founders Abhijit Banerjee and Esther Duflo, with longtime J-PAL affiliate Michael Kremer, were jointly awarded the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The prize was awarded “for their experimental approach to alleviating global poverty.”
Abhijit Banerjee, Esther Duflo, and Michael Kremer win Nobel prize for economics for work that has "dramatically improved our ability to fight poverty in practice".
Researchers partnered with a local bank to learn how customers chose between two account types—an account that had been offered for many years, which carried high monthly fees but no individual transaction costs, or a new type of account that charged for each withdrawal but did not impose...
Offering savings products to smallholder farmers did not transform agricultural investment or output in six studies in sub-Saharan Africa. In a few cases, savings products sometimes benefited farmers by providing a form of risk protection and by helping them smooth consumption over time.
J-PAL affiliated researchers have 978 ongoing and completed randomized evaluations in 83 countries
RT @MIT: Professors Esther Duflo and Abhijit Banerjee, co-directors of MIT's...
RT @MITxonedX: Did you know that the 2019...
Randomized evaluations can help us answer questions about problems that are relevant and important to us.… https://t.co/2Kgi8IEiMX
A huge congratulations again to our new Nobel Laureates! We took some time today to toast Abhijit Banerjee, Esther… https://t.co/tQl8rb8otq
RT @NobelPrize: "A lot of people go into economics because they care about poverty."
In our telephone interview with new laureate… ...