Sound theories are essential as they provide stable base for policymaking, but the process is too long-drawn and takes away objectivity
Although Abhijit likes to focus on data and has a passion for mathematics, which Nirmala puts it, is logic explained in theories, the Nobel laureate has a liking to associate with people
Bandhan Bank's Targetting Hard Core Poor (THP) programme, aimed at alleviating poverty, is likely to get a boost with Abhijit Banerjee and Esther Duflo winning the Nobel Prize in Economics
Immigration and growth would help more than addressing the winners' 'manageable questions.'
15 economists, including past Nobel laureates say relying on RCTs to guide welfare and aid spending will lead to short-term, superficial and misplaced policies
Abhijit Banerjee and Esther Duflo of the MIT, and Micheal Kremer of Harvard University, have been awarded for their experimental approach to alleviating global poverty
The Nobel Prize just awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer is the second in five years to be won by development economists
Amartya Sen was the first Indian economist to win the Nobel Prize in 1998
On Monday, Congress president Sonia Gandhi and Rahul Gandhi had also hailed Banerjee for winning the Nobel
A popular conception of economists is that they're the high priests of the free market, downplaying the role of government and giving short shrift to the needs of society's poorest
Abhijit Banerjee, Esther Duflo and Michael Kremer have won the 2019 Nobel Economics Prize for their work in fighting poverty.
Banerjee, Duflo and Kremer together have launched a movement within development economics
Econ Nobelists transformed policy evaluation
"Congratulations to Abhijit Banerjee ... He has made notable contributions in the field of poverty alleviation," PM Modi said in a Tweet
"In the last five-six years, at least we could witness some growth, but now that assurance is also gone," Banerjee told a news channel from the US
Born in Mumbai, the 58-year-old economist is currently the Ford Foundation International Professor of Economics at the US-based Massachusetts Institute of Technology