Abhijit Banerjee goes desi; picks dhoti and bandhgala to receive Nobel Prize 2019 in Sweden; watch video

Watch Abhijit Banerjee, Esther Duflo and Michael Kremer receive their medals and diplomas at the #NobelPrize award ceremony today. Congratulations!

They were awarded the 2019 Prize in Economic Sciences for their experimental approach to alleviating global poverty. pic.twitter.com/c3ltP7EXcF

Banerjee, who was born in Mumbai, studied at Presidency College in Kolkata, Delhi's Jawaharlal Nehru University and later Harvard. He is currently working as the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. He had previously taught at Harvard University and Princeton University. He is also the 2nd Indian-origin economist after Amartya Sen to win the prestigious Nobel Prize in economics.

According to the Nobel Prize Organisation, the trio has played a decisive role in reshaping research in development economics. Their research has already helped in alleviating global poverty and has great potential to further improve the lives of the most impoverished people on the planet.

Banerjee is also the co-founder of the Abdul Latif Jameel Poverty Action Lab (along with economists Esther Duflo and Sendhil Mullainathan), a research affiliate of Innovations for poverty action, and a member of the Consortium on Financial Systems and Poverty. Together with Duflo, Kremer, John A. List, and Sendhil Mullainathan, he has proposed field experiments as an important methodology to discover causal relationships in economics.

Edited by Manoj Sharma

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