Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering "natural experiments" to show real-world economic impacts in areas from minimum wage increases in the U.S. fast-food sector to migration from Castro-era Cuba.
STOCKHOLM: Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering the use of “natural experiments” to understand the causal effects of economic policy and other events. Natural experiments use real-life situations to work out impacts on the world, an approach that has spread to other fields and revolutionized
Economists David Card, Joshua Angrist and Guido Imbens won the 2021 Nobel economics prize on Monday for pioneering the use of "natural experiments" to understand the causal effects of economic policy and other events.