Annual Report of Awards to NBER Affiliates

Published April 5, 2022

Anjali Adukia received an Early Career Product Award from the Education Policy Collaborative. Her study “What We Teach about Race and Gender: Representation in Images and Text of Children’s Books,” coauthored with Alex Eble, Emileigh Harrison, Hakizumwami Birali Runesha, and Teodora Szasz, was named one of the 10 most significant education studies of 2021 by the George Lucas Educational Foundation.
Joseph Aldy and coauthor Gianfranco Gianfrate won the 2021 FIR-PRI Finance & Sustainability Award for Best Pedagogical Innovation for “Future-Proof Your Climate Strategy: Smart Companies Are Putting Their Own Price on Carbon” in Harvard Business Review.
Marcella Alsan was awarded a MacArthur Fellowship and received the 2021 Willard G. Manning Memorial Award for Best Research in Health Econometrics for “Does Diversity Matter for Health? Experimental Evidence from Oakland,” with Owen Garrick and Grant Graziani.
Elizabeth Ananat was named a Carnegie Foundation Fellow.
Joshua Angrist, David Card, and Guido Imbens shared the 2021 Nobel Prize in Economic Sciences in recognition of their contributions to labor economics and the analysis of natural experiments.
Alan J. Auerbach was named a Distinguished Fellow of the American Economic Association and received the Order of the Rising Sun from the Government of Japan.
David Autor received a Society for Progress Medal for his “path-breaking research underscoring the core contemporary issue of labor adjustment in response to developments in trade and technology.”
Robert J. Barro was awarded an Honorary Doctorate by the Athens University of Economics and Business.
Marco Battaglini and coauthors Eleonora Patacchini and Valerio Leone Sciabolazza received the inaugural Best Publication on Effective Lawmaking Award from the Center for Effective Lawmaking at the University of Virginia and Vanderbilt University for their paper “Effectiveness of Connected Legislators.”
Axel Börsch-Supan received the SENECA Medal for aging research for fundamental and policy-relevant work on old-age labor supply.
Jeffrey Brown was named the 2021 Poets & Quants Dean of the Year.
Markus Brunnermeier received the 2021 German Business Book Prize, awarded by Handelsblatt, the Frankfurt Book Fair, and Goldman Sachs, for The Resilient Society, which was also on the Best Books of 2021: Economics list of the Financial Times.
Dennis W. Carlton received a best article award from Economic Inquiry for his paper on “Antitrust Treatment of Nonprofits: Should Hospitals Receive Special Care?” coauthored with Cory Capps and Guy David.
Anne C. Case was named a Distinguished Fellow of the American Economic Association and received the Matilda White Riley Award from the National Institutes of Health for research that “has contributed to behavioral and social scientific knowledge and the application of such knowledge relevant to the mission of the National Institutes of Health.”
Dhaval Dave and Monica Deza and their coauthor Brady Horn received the Georgescu-Roegen Prize for the best article in the Southern Economic Journal for “Prescription Drug Monitoring Programs, Opioid Abuse, and Crime.” Dave and coauthors Drew McNichols and Joseph Sabia were also runners-up for that award for “The Contagion Externality of a Superspreading Event: The Sturgis Motorcycle Rally and COVID-19.”
Thomas Dee’s paper with Elizabeth Huffaker, Cheryl Philips, and Eric Sagara on “The Revealed Preferences for School Reopening: Evidence from Public-School Disenrollment” was honored by the Thomas B. Fordham Institute as the top education study of 2021.
Stefano DellaVigna was named a Fellow of the American Academy of Arts and Sciences and of The Econometric Society.
Peter M. DeMarzo and Zhiguo He received the 2021 Brattle Group Prize in Corporate Finance for an outstanding paper in the Journal of Finance for “Leverage Dynamics without Commitment.”
William Easterly won the Competitive Enterprise Institute’s Julian L. Simon Award for 2021.
Hulya Eraslan was appointed a Fellow of the Game Theory Society.
Robert Fairlie received the Bradford-Osborne Research Award given jointly by the UCLA and University of Washington business schools for research contributing to improving racial equality in business.
Robert Feenstra, Annette Vissing-Jorgensen, and Ebonya Washington were elected Fellows of the American Academy of Arts and Sciences.
Xavier Gabaix and Ralph Koijen won the AQR Insight Award for their paper “In Search of the Origins of Financial Fluctuations: The Inelastic Markets Hypothesis.”
Jordi Galí received the 2021 Pascual Madoz National Research Prize in the areas of Law, Economics, and Social Sciences from Spain’s Ministry of Science and Innovation.
Oded Galor received an honorary doctorate from the Université Catholique de Louvain.
Peter Ganong and Pascal Noel won the 2021 TIAA Institute Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security for “Liquidity versus Wealth in Household Debt Obligations: Evidence from Housing Policy in the Great Recession,” and they shared the National Meeting Best Paper Award from the American Real Estate and Urban Economics Association for “Why Do Borrowers Default on Mortgages? A New Method for Causal Attribution”.
Matthew Gentzkow was named a Distinguished Fellow of the Center for Economic Studies at Ludwig-Maximilians-Universität München.
Mark Gertler and Nobuhiro Kiyotaki received the Banco Bilbao Vizcaya Argentaria (BBVA) Foundation Frontiers of Knowledge Award in Economics along with Ben Bernanke and John Moore.
Sherry Glied was named the 2021 recipient of the William B. Graham Prize for Health Services Research, awarded by the Baxter International Foundation and the Association of University Programs in Health Administration.
Claudia Goldin was awarded a Society for Progress Medal for her “long-standing and illuminating research on the influence of gender in the labor market.” She also delivered the Bob Gregory Lecture hosted by the Asian and Australasian Society of Labour Economics.
Paul Gompers, Steven Kaplan, and Ilya Strebulaev, and their coauthor Will Gornall, won the Doriot Award for the Best Private Equity Research Paper and the Jensen Prize for best paper in the Journal of Financial Economics on corporate finance and organizations for “How Do Venture Capitalists Make Decisions?”
Gautam Gowrisankaran and coauthors R. Andrew Butters and Jackson Dorsey won the Public Utility Research Center Best Paper Prize at the 2021 International Industrial Organization Conference for “Soaking Up the Sun: Battery Investment, Renewable Energy, and Market Equilibrium.”
Bronwyn H. Hall received the 2021 Technology and Innovation Management Distinguished Speaker Award from the Academy of Management.
John C. Haltiwanger won the 2021 Society of Labor Economists Prize for Contributions to Data and Measurement.
Eric Hanushek received the Yidan Prize for Education Research.
Rucker Johnson was elected a Fellow of the American Academy of Arts and Sciences, was named Sir Arthur Lewis Fellow of the American Academy of Political and Social Science, and won the University of Louisville Grawemeyer Award in Education.
Myrto Kalouptsidi was awarded the Bodossaki Distinguished Young Scientist Award in Social-Economic Sciences, for a Greek scientist under the age of 40.
Amir Kermani, Marco Di Maggio, and their coauthor Kaveh Majlesi won The Journal of Finance’s Dimensional Fund Advisor distinguished paper award for “Stock Market Returns and Consumption.”
Judd B. Kessler was awarded the 2021 Vernon L. Smith Ascending Scholar Prize.
Anton Korinek received a David M. Rubenstein Fellowship from the Brookings Institution.
Gary Libecap won the Elinor Ostrom Lifetime Achievement Award of the Society for Institutional and Organizational Economics. He shared this award with Avner Greif.
Annamaria Lusardi was included in the Clarivate Highly Cited Researchers list, which acknowledges the production of multiple highly cited papers in a field and year in the Web of Science.
Song Ma and Manju Puri and their coauthor Emily Johnston-Ross received the 2021 Global Association of Risk Professionals Best Paper in Risk Management Award.
Matteo Maggiori received the 2021 Fischer Black Prize from the American Finance Association, awarded biennially to an outstanding financial economist under the age of 40.
Neale Mahoney and Heidi Williams were corecipients of the ASHEcon Medal, awarded by the American Society of Health Economists to outstanding health economists under the age of 40.
Pinar Karaca-Mandic received the 2021 Trust Award in Community Engagement from the Women’s Health Leadership TRUST for her leadership of the COVID-19 Hospitalization Tracking Project.
Ioana Marinescu and coauthors José Azar, Marshall Steinbaum, and Bledi Taska received the 2021 EALE Labour Economics Prize for “Concentration in US Labor Markets: Evidence from Online Vacancy Data.” She and Eric Posner received the Jerry S. Cohen Award for Antitrust Scholarship for Best Article of 2020 on Labor Antitrust for “Why Has Antitrust Law Failed Workers?”
Pierre-Carl Michaud was elected to membership in the College of New Scholars, Artists and Scientists of the Royal Society of Canada.
Olivia S. Mitchell and coauthor Daniel Gottlieb received the Robert C. Witt Award from the American Risk and Insurance Association for the best paper in the Journal of Risk and Insurance for “Narrow Framing and Long-Term Care Insurance.”
Emi Nakamura and Jón Steinsson received the Banque de France–Toulouse School of Economics Prize in Monetary Economics and Finance.
Edward C. Norton received the 2021 Willard Manning Award in Mental Health Policy and Economics Research, with coauthors Marisa Elena Domino, Jangho Yoon, Gary S. Cuddeback, and Joseph P. Morrissey, for “Putting Providers At Risk through Capitation or Shared Savings: How Strong Are Incentives for Upcoding and Treatment Changes?”
Thomas R. Palfrey received the William H. Riker Prize in Political Science, which is awarded every other year to a social scientist for research that advances the scientific study of politics.
Vincent Pons received excellence in refereeing awards from the Journal of the European Economic Association and the American Economic Journal: Applied Economics.
Manju Puri and coauthors Tobias Berg, Valentin Burg, and Ana Gombović received the Michael J. Brennan Best Paper Runner Up Award (tie) from The Review of Financial Studies for “On the Rise of FinTechs: Credit Scoring Using Digital Footprints.”
Assaf Razin and coauthor Efraim Sadka won the inaugural SAGE-Journal of Government and Economics’ best paper award for “Migration and Redistribution: Why the Federal Governance of an Economic Union Does Matter.”
Stephen Redding and coauthors Yuhei Miyauchi and Kentaro Nakajima shared the 2021 National Meeting Best Paper Prize from the American Real Estate and Urban Economics Association for “Consumption Access and Agglomeration: Evidence from Smartphone Data.”
Dani Rodrik was elected president of the International Economic Association.
Roberta Romano won the Ronald H. Coase Medal of the American Law and Economics Association in recognition of major contributions to the field of law and economics.
Alvin Roth received the 2021 Philip McCord Morse Lectureship Award from the Institute for Operations Research and the Management Sciences.
Raffaella Sadun was named a Grande Ufficiale of the Ordine al Merito della Repubblica Italiana.
Jesse M. Shapiro was named a 2021 MacArthur Fellow.
Robert Shiller was awarded the Commander’s Cross of the Order of Merit for Lithuania and was inducted into the Lithuanian Academy of Sciences.
Kosali Simon was elected to the National Academy of Medicine.
Jonathan Skinner received the Victor R. Fuchs Award for Lifetime Contributions to the Field of Health Economics from the American Society of Health Economists.
Robert F. Stambaugh and Lubos Pastor and their coauthor Lucian Taylor won the 2021 AQR Insight Distinguished Paper Award for “Sustainable Investing in Equilibrium.”
Stefanie Stantcheva received an Andrew Carnegie Fellowship and the Calvó-Armengol International Prize, and was elected a Fellow of the American Academy of Arts and Sciences. She also was awarded the Maurice Allais Economics Prize for her paper “Optimal Taxation and Human Capital Policies over the Life Cycle.”
Isaac Sorkin was named a 2021 Sloan Research Fellow.
Andrew Sweeting was appointed a coeditor of the RAND Journal of Economics.
Michael Scott Taylor served as president of the Canadian Economics Association.
Christopher Timmins was named a Fellow of the Association of Environmental and Resource Economists.
Robert M. Townsend was named a Distinguished Fellow of the American Economic Association.
Manuel Trajtenberg was named a Foreign Honorary Member of the American Economic Association.
Stijn Van Nieuwerburgh won the TIAA Paul A. Samuelson Award in 2020 for his paper with Ralph Koijen “Combining Life and Health Insurance” and the Thule Foundation’s Skandia Award for research on long-term savings. He also received the Southern Finance Association’s Best Paper Prize and an honorable mention for the Marshall Blume Best Paper Award.
Carlos A. Vegh received the Latin American and Caribbean Economic Association’s 2021 Carlos Díaz-Alejandro Prize honoring high-quality research on economic issues relevant to the region.
Nicolas R. Ziebarth was awarded the Early Career Scholarly Achievement Award by the American Risk and Insurance Association.

Annual Report of Awards to NBER Affiliates

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