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Nobel Prize 2021 in Economics awarded to David Card, Joshua Angrist and Guido Imbens

The Royal Swedish Academy of Sciences said the three have “completely reshaped empirical work in the economic sciences.”

Three US-based economists have won the 2021 Nobel prize for economics for work on drawing conclusions from unintended experiments, or so-called “natural experiments.”

The winners were David Card of the University of California at Berkeley; Joshua Angrist from the Massachusetts Institute of Technology; and Guido Imbens from Stanford University.

The Royal Swedish Academy of Sciences said the three have “completely reshaped empirical work in the economic sciences.”

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