The Erwin Plein Nemmers Prize in Economics is awarded biennially from

Northwestern University Northwestern University is a private research university in Evanston, Illinois. Founded in 1851, Northwestern is the oldest chartered university in Illinois and is ranked among the most prestigious academic institutions in the world. Charte ...

. It was initially endowed along with a companion prize, the Frederic Esser Nemmers Prize in Mathematics. Both are part a $14 million donation from the Nemmers brothers, who envisioned creating an award that would be as prestigious as the Nobel prize. Eight out of the past 15 Nemmers economics prize winners have gone on to win a Nobel Prize :

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Daniel McFadden Daniel Little McFadden (born July 29, 1937) is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzing ...

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and, most recently, Paul R. Milgrom. Those who already have won a Nobel Prize are ineligible to receive a Nemmers prize. The Nemmers prizes are given in recognition of major contributions to new knowledge or the development of significant new modes of analysis in the respective disciplines. As of 2022, the prize carries a $200,000 stipend, among the largest monetary awards in the United States for outstanding achievements in economics.

Awardees

*2022: Ariel Pakes, "for his fundamental contributions to the development of the field of empirical industrial organization."{{Cite web, url=https://www.nemmers.northwestern.edu/economics.html, title=The Erwin Plein Nemmers Prize in Economics: Nemmers Prize - Northwestern University, website=www.nemmers.northwestern.edu *2020:

Claudia Goldin Claudia Goldin (born May 14, 1946) is an American economic historian and labor economist who is currently the Henry Lee Professor of Economics at Harvard University. She is a co-director of the NBER's Gender in the Economy Study Group and was the ...

, "for her groundbreaking insights into the history of the American economy, the evolution of gender roles and the interplay of technology, human capital and labor markets." *2018: David Kreps, "for his work in game theory, decision theory and finance." *2016:

Richard Blundell Sir Richard William Blundell CBE FBA (born 1 May 1952, Shoreham-by-Sea) is a British economist and econometrician. Blundell is the David Ricardo Professor of Political Economy at the Department of Economics of University College London and t ...

, "for his important contributions to labor economics, public finance and applied econometrics." *2014:

, "based on his various contributions to economic theory and its application to finance, industrial organization and behavioral economics." (Nobel 2014) *2012:

Daron Acemoglu Kamer Daron Acemoğlu (; born September 3, 1967) is a Turkish-born American economist who has taught at the Massachusetts Institute of Technology (MIT) since 1993. He is currently the Elizabeth and James Killian Professor of Economics at MIT. H ...

*2010:

Elhanan Helpman Elhanan Helpman (Hebrew: אלחנן הלפמן, born March 30, 1946) is an Israeli economist who is currently the Galen L. Stone Professor of International Trade at Harvard University. He is also a Professor Emeritus at the Eitan Berglas School o ...

*2008: Paul R. Milgrom (Nobel 2020) *2006:

(Nobel 2013) *2004:

Ariel Rubinstein Ariel Rubinstein (Hebrew: אריאל רובינשטיין; born April 13, 1951) is an Israeli economist who works in economic theory, game theory and bounded rationality. Biography Ariel Rubinstein is a professor of economics at the School of ...

*2002:

(Nobel 2004) *2000:

(Nobel 2000) *1998:

(Nobel 2005) *1996:

(Nobel 2011) *1994:

(Nobel 2010)

References

Nemmers awards in economics, math announced
Northwestern University NewsCenter, April 22, 2008.

Economics awards Northwestern University 1994 establishments in Illinois

Awardees

See also

References