The 2019 Laureates in Economic Sciences
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019
  1. Abhijit Banerjee
  2. Esther Duflo
  3. Michael Kremer
The 2019 Laureates in Economic Sciences

Research to help the world’s poor
  • The research conducted by this year’s Laureates has considerably improved our ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research.
The Nobel Prize in Economic Sciences 2019
  • The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 to Abhijit Banerjee, Esther Duflo and Michael Kremer “for their experimental approach to alleviating global poverty.” 
  • The laureates have 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.
Abhijit Banerjee
  • Born: 21 February 1961, Mumbai, India
  • Affiliation at the time of the award: Massachusetts Institute of Technology (MIT), Cambridge, MA, USA
  • Prize motivation: "for their experimental approach to alleviating global poverty."
  • Prize share: 1/3
Esther Duflo
  • Born: 1972, Paris, France
  • Affiliation at the time of the award: Massachusetts Institute of Technology (MIT), Cambridge, MA, USA
  • Prize motivation: "for their experimental approach to alleviating global poverty."
  • Prize share: 1/3

Michael Kremer
  • Born: 1964
  • Affiliation at the time of the award: Harvard University, Cambridge, MA, USA
  • Prize motivation: "for their experimental approach to alleviating global poverty."
  • Prize share: 1/3

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