David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel Prize for Economic Sciences.<\/p>\n
Highlights:<\/u><\/strong><\/p>\n David Card, Joshua Angrist and Guido Imbens won the Nobel Prize for their methodological contributions to the analysis of causal relationships.<\/p>\n These have provided us with new insights about the labour market and shown what conclusions about cause and effect can be drawn from natural experiments.<\/p>\n This might help with pharmaceutical research and making chemistry greener.<\/p>\n The Nobel Prize for Economic Sciences was shared into equal parts for laureates.<\/p>\n Their strategy has spread to other fields and revolutionised empirical research<\/p>\n In 1968, Sweden’s central Bank established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize.<\/p>\n","protected":false},"excerpt":{"rendered":"