Nobel Prize for Economic Sciences 2019: Abhijit Banerjee finished his M.A. in Economics at the Jawaharlal Nehru University (JNU) in 1983.
The Royal Swedish Academy of Sciences on Monday granted Indian-American business analyst Abhijit Banerjee the Nobel Memorial Prize for Economic Sciences. Banerjee, alongside Esther Duflo and Michael Kremer, have been deliberated with the respect “for their trial way to deal with easing worldwide neediness.”
Abhijit Vinayak Banerjee, 58, was conceived in Mumbai (India) and went to South Point School in the city. He went to Presidency College, Calcutta, where he finished his BS degree in Economics in 1981. He finished his M.A. in Economics at the Jawaharlal Nehru University, Delhi in 1983. He was granted a Ph.D. in Economics at Harvard in 1988.
He is as of now the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. He had additionally instructed at Harvard University and Princeton University.
Banerjee is a prime supporter of the Abdul Latif Jameel Poverty Action Lab (alongside market analysts Esther Duflo and Sendhil Mullainathan), an examination subsidiary of Innovations for destitution activity, and an individual from the Consortium on Financial Systems and Poverty.
Together with Esther Duflo, Michael Kremer, John A. Rundown, and Sendhil Mullainathan, he has proposed field analyzes as a significant philosophy to find causal connections in financial matters.
In 2012, he shared the Gerald Loeb Award Honorable Mention for Business Book with co-writer Esther Duflo for their book ‘Poor Economics’. One year from now, he was named by United Nations Secretary General Ban Ki-Moon in a board of specialists entrusted with refreshing the Millennium Development Goals after 2015.
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