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The Frisch Medal is an award in
economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...
given by the
Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...
. It is awarded every two years for empirical or theoretical applied research published in ''
Econometrica ''Econometrica'' is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Gui ...
'' during the previous five years. The award was named in honor of
Ragnar Frisch Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was an influential Norwegian economist known for being one of the major contributors to establishing economics as a quantitative and statistically informed science in the early 20th ce ...
, first co-recipient of the Nobel prize in economics and editor of ''Econometrica'' from 1933 to 1954. In the opinion of Rich Jensen, Gilbert F. Schaefer Professor of Economics and chairperson of the Department of Economics of the
University of Notre Dame The University of Notre Dame du Lac, known simply as Notre Dame ( ) or ND, is a private Catholic research university in Notre Dame, Indiana, outside the city of South Bend. French priest Edward Sorin founded the school in 1842. The main campu ...
, "The Frisch medal is not only one of the top three prizes in the field of economics, but also the most prestigious 'best article' award in the profession". Five Frisch medal winners have also won the
Nobel Prize The Nobel Prizes ( ; sv, Nobelpriset ; no, Nobelprisen ) are five separate prizes that, according to Alfred Nobel's will of 1895, are awarded to "those who, during the preceding year, have conferred the greatest benefit to humankind." Alfr ...
.


Winners

* 2022 – Giulia Brancaccio, Myrto Kalouptsidi, Theodore Papageorgiou for their paper, "Geography, Transportation, and Endogenous Trade Costs”, (Econometrica, Vol. 88, No. 2, March 2020, 657–691). * 2020 – Kate Ho and Robin Lee for their paper
"Insurer Competition in Health Care Markets”
(Econometrica, Vol. 85, No. 2, March 2017, 379–417). * 2018 – Gabriel M. Ahlfeldt, Stephen J. Redding, Daniel M. Sturm, and Nikolaus Wolf for * 2016 – Benjamin Handel, Igal Hendel, and
Michael Whinston Michael D. Whinston is an American economist and currently the Sloan Fellows Professor at Massachusetts Institute of Technology. Previously he was the Robert E. and Emily H. King Professor at Northwestern University and is also a Fellow to the Ame ...
for * 2014 – Flávio Cunha,
James Heckman James Joseph Heckman (born April 19, 1944) is a Nobel Prize-winning American economist at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Professor at the Harris School of Pub ...
, and
Susanne Schennach Susanne Maria Schennach is an economist and professor at Brown University. She is an econometrician whose work focuses on measurement error. Schennach has been an assistant editor at '' The Econometrics Journal'', ''Econometric Theory'', and ''E ...
for * 2012 – Joseph P. Kaboski and Robert M. Townsend for * 2010 –
Nicholas Bloom Nicholas Bloom (born 5 May 1973) is the William Eberle Professor in the Department of Economics at Stanford University, a Courtesy Professor at Stanford Business School and Stanford Institute for Economic Policy Research, and a co-director of t ...
for * 2008 –
David Card David Edward Card (born 1956) is a Canadian-American labour economist and professor of economics at the University of California, Berkeley. He was awarded half of the 2021 Nobel Memorial Prize in Economic Sciences "for his empirical contributio ...
and Dean R. Hyslop for * 2006 –
Fabien Postel-Vinay Fabien is both a French given masculine name and a French surname. Notable people with the name include: People with the given name Fabien: * Fabien Audard (born 1978), French professional football (soccer) player * Fabien Barthez (born 1971), r ...
and
Jean-Marc Robin Jean-Marc is a French masculine given name. It may refer to: * Jean-Marc Adjovi-Bocco (born 1963), Beninese former football player * Jean-Marc Ayrault (born 1950), French politician * Jean-Marc Barr (born 1960), French-American film actor and dir ...
for * 2004 –
Jonathan Eaton Jonathan Eaton is a leading international economist, as of 2017 a distinguished professor at Pennsylvania State University. He graduated from Harvard College in 1972. He earned his M.A. in Economics from Yale University Yale University is ...
and
Samuel Kortum Samuel S. Kortum (born December 1960) is an American economist and currently James Burrows Moffatt Professor of Economics at Yale University. His research focuses on international trade and industrial organisation. Education Kortum graduate ...
for * 2002 – Ricardo J. Caballero and
Eduardo Engel Eduardo Engel is the former president and current board member of the think tank Espacio Público and professor at the Department of Economics of the University of Chile. From 2001 to 2012 he was Professor of Economics at the Yale University. He ch ...
for * 2000 –
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 ...
, Alan S. Duncan, and
Costas Meghir Konstantinos "Costas" Meghir ( el, Κωνσταντίνος (Κώστας) Εκτώρ Δημήτριος Μεγήρ, transcr. ''Konstantinos Ektor Dimitrios Meghir'', born February 13, 1959) is a Greek-British economist. He studied at the Universi ...
for * 1998 – Robert M. Townsend for * 1996 – Steven T. Berry for * 1994 – Larry G. Epstein and
Stanley E. Zin Stanley Eugene Zin is a Canadian economist. He is the William R. Berkley Professor Economics and Business at the Leonard N. Stern School of Business, New York University. His research interests are in the areas of asset pricing and macroeconomi ...
for * 1992 –
John Rust John Philip Rust (born May 23, 1955) is an American economics, economist and econometrics, econometrician. John Rust received his PhD from Massachusetts Institute of Technology, MIT in 1983 and taught at the University of Wisconsin, Yale Universi ...
for * 1990 – David M. Newbery for * 1988 – Ariel Pakes for * 1986 – Jeffrey A. Dubin and Daniel L. McFadden for * 1984 –
Lars Peter Hansen Lars Peter Hansen (born 26 October 1952 in Urbana, Illinois) is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business, at the University of Chicago and a ...
and Kenneth J. Singleton for * 1982 –
Orley Ashenfelter Orley Clark Ashenfelter (born October 18, 1942) is an American economist and the Joseph Douglas Green 1895 Professor of Economics at Princeton University. His areas of specialization include labor economics, econometrics, and law and economics. H ...
for * 1980 – Jerry A. Hausman and David A. Wise for * 1978 – Angus S. Deaton for


See also

*
List of economics awards This list of economics awards is an index to articles about notable awards for economics. The list is organized by region and country of the sponsoring organization, but awards may be given to economists from other countries. General Americas ...


References


External links


Award page on the official site of the Econometric Society
{{Frisch Medal recipients Economics awards Econometric Society