Nobel Prize for Economics in 2019 - Banerjee, Duflo & Kremer
Abhijit Banerjee – Indian-Origin Economist wins Nobel Prize in Economics for his work in Global Poverty. Esther Duflo , wife of Abhijit is the second woman to win the prize and the youngest winner of the prize. In 2015, Banerjee married his co-researcher, MIT professor Esther Duflo ; they have two children. Banerjee was a joint supervisor of Duflo's PhD in economics at MIT in 1999.Duflo is also a Professor of Poverty Alleviation and Development Economics at MIT. Michael Robert Kremer is an American development economist who is the Gates Professor of Developing Societies at Harvard University. The Nobel committee commented: " Banerjee , Duflo and their co-authors concluded that students appeared to learn nothing from additional days at school. Neither did spending on textbooks seem to boost learning, even though the schools in Kenya lacked many essential inputs. Moreover, in the Indian context Banerjee and Duflo intended to study, many children ...