Abhijit Banerjee, 58, and Esther Duflo, 46, won the Nobel Prize in Economics, along with economist Michael Kremer, for their "experimental approach to alleviating global poverty.
When "the economy going into a tailspin is the time when you don't worry so much about monetary stability and you worry a little more about demand, the demand is a huge problem right now in the economy," he said at a news conference at the Massachusetts Institute of Technology (MIT) in Cambridge on Monday after his prize was announced.
Indian-American Abhijit Banerjee has been awarded the 2019 Nobel Prize in Economics along with two others. He will share the award with his wife Esther Duflo and Harvard professor Michael Kremer for their work which has "dramatically improved our ability to fight poverty in practice." Here are 7 things to know about Abhijit Banerjee.
Did you know? Nobel laureate Abhijit Banerjee was the mind behind NYAY scheme of Congress' manifesto which it introduced for 2019 Lok Sabha elections.
In what can be his first reaction after winning Nobel Prize, eminent economist Abhijit Banerjee expressed concern about the state of Indian farmers.
Abhijit Banerjee, the Indian-American economist has been awarded Nobel prize for economics. Along with Abhijit Banerjee the Nobel has been awarded to Esther Duflo and Micheal Kremer.
The Nobel Economics Prize 2019 has been awarded to husband-wife duo Abhijit Banerjee-Esther Duflo and Michael Kremer. The prize is given for creating an experimental approach to alleviating global poverty. They share the prestigious award with American development economist Michael Kremer. Let us know their journey behind winning Nobel Prize in Economics 2019.
The 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.”
The prize was created by Riksbanken, the Swedish central bank, in 1968, and the first winner was selected a year later.
Danius was elected to a lifetime position on the Swedish Academy’s board in 2013 and because the body’s first female permanent secretary in 2015. She resigned the position in 2018.
The 2019 Nobel Peace Prize has been awarded to Ethiopian Prime Minister Abiy Ahmed for his efforts to "achieve peace and international cooperation" with Eritrea last year, ending a 20-year military stalemate following their 1998-2000 border war, it was announced on Friday.
Breaking: The Nobel Prize in Literature for 2018 is awarded to the Polish author Olga Tokarczuk. The Nobel Prize in Literature for 2019 is awarded to the Austrian author Peter Handke.
The 2019 Nobel Prize in Chemistry has been awarded to John B. Goodenough, M. Stanley Whittingham and Akira Yoshino “for the development of lithium-ion batteries.
2019 Nobel Prize in Physics has been awarded with one half to Canadian-American James Peebles 'for theoretical discoveries in physical cosmology' & the other half jointly to Swiss scientists Michel Mayor & Didier Queloz 'for discovery of an exoplanet orbiting a solar-type star'.
Dr Gregg Semenza, a top researcher at Johns Hopkins University, William G. Kaelin, Jr and Peter J. Ratcliffe's research gives an insight into how genes respond to varying levels of oxygen.
Nobel Prize is a set of annual international awards administered by the Nobel Foundation in Stockholm, Sweden. It is awarded for the bestowed contributions in several categories in recognition of academic, cultural, or scientific advances.
Nobel Prize in Physiology or Medicine has been awarded jointly to William G. Kaelin Jr, Sir Peter J. Ratcliffe and Gregg L. Semenza “for their discoveries of how cells sense and adapt to oxygen availability.”
"They gave one to Obama immediately upon his ascent to the presidency and he had no idea why he got it. You know what? That was the only thing I agreed with him on," Trump said.
Unlike the other Nobel prizes, the economics prize was created by the Swedish central bank, the Riksbank,in 1968 to mark its tricentenary. It was first awarded in 1969.
The Royal Swedish Academy of Sciences said it has decided to award the Nobel Prize in Chemistry 2018 with one half to Frances H. Arnold and the other half jointly to George P. Smith and Sir Gregory P. Winter.
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