MIT’s Esther Duflo and Abhijit Banerjee after winning the Nobel Prize for economics in October 2019. MIT’s Abhijit Banerjee and Esther Duflo picked a very good time to release their second book, Good Economics for Hard Times : It came out almost exactly one month after the two shared the Nobel Prize in economics (along with Harvard economist Michael Kremer).
Duflo and Banerjee, frequent co-authors who are also married, pioneered the use of randomized controlled trials in development economics, using field experiments to evaluate specific policies in areas like cash transfers , teacher absenteeism , drunk driving , and sanitation […]
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