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John Bates Clark Medal

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The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge."[1]

According to The Chronicle of Higher Education, it "is widely regarded as one of the field’s most prestigious awards...second only to the Nobel Memorial Prize in Economic Sciences."[2] Many of the recipients went on to receive the Nobel Prizes in their later careers, including the inaugural recipient Paul Samuelson. The award was made biennially until 2007, but from 2009 is now awarded every year because of the growth of the field.[3] The award is named after the American economist John Bates Clark (1847–1938). Although the Clark medal is billed as a prize for American economists, it is sufficient that the candidates work in the US at the time of the award; US nationality is not necessary to be considered.[1]

Past recipients

Year Medalists[1] Institution (at time of receipt) Alma mater (PhD) Nationality Nobel Prize
1947 Paul Samuelson Massachusetts Institute of Technology Harvard University United States 1970
1949 Kenneth E. Boulding University of Michigan University of Oxford United States
1951 Milton Friedman University of Chicago Columbia University United States 1976
1955 James Tobin Yale University Harvard University United States 1981
1957 Kenneth Arrow Stanford University Columbia University United States 1972
1959 Lawrence Klein University of Pennsylvania Massachusetts Institute of Technology United States 1980
1961 Robert Solow Massachusetts Institute of Technology Harvard University United States 1987
1963 Hendrik S. Houthakker Harvard University University of Amsterdam Netherlands
1965 Zvi Griliches Harvard University University of Chicago Israel
1967 Gary Becker University of Chicago University of Chicago United States 1992
1969 Marc Nerlove Yale University Johns Hopkins University United States
1971 Dale W. Jorgenson Harvard University Harvard University United States
1973 Franklin M. Fisher Massachusetts Institute of Technology Harvard University United States
1975 Daniel McFadden University of California, Berkeley University of Minnesota United States 2000
1977 Martin Feldstein Harvard University University of Oxford United States
1979 Joseph Stiglitz Princeton University Massachusetts Institute of Technology United States 2001
1981 Michael Spence Harvard University Harvard University United States 2001
1983 James Heckman University of Chicago Princeton University United States 2000
1985 Jerry A. Hausman Massachusetts Institute of Technology University of Oxford United States
1987 Sanford J. Grossman Princeton University University of Chicago United States
1989 David M. Kreps Stanford University Stanford University United States
1991 Paul Krugman Massachusetts Institute of Technology Massachusetts Institute of Technology United States 2008
1993 Lawrence Summers World Bank Harvard University United States
1995 David Card University of California, Berkeley Princeton University Canada
1997 Kevin M. Murphy University of Chicago University of Chicago United States
1999 Andrei Shleifer Harvard University Massachusetts Institute of Technology United States
2001 Matthew Rabin University of California, Berkeley Massachusetts Institute of Technology United States
2003 Steven Levitt University of Chicago Massachusetts Institute of Technology United States
2005 Daron Acemoglu Massachusetts Institute of Technology London School of Economics Turkey, United States
2007 Susan Athey Stanford University Stanford University United States
2009 Emmanuel Saez University of California, Berkeley Massachusetts Institute of Technology France
2010 Esther Duflo Massachusetts Institute of Technology Massachusetts Institute of Technology France 2019
2011 Jonathan Levin Stanford University Massachusetts Institute of Technology United States
2012 Amy Finkelstein Massachusetts Institute of Technology Massachusetts Institute of Technology United States
2013 Raj Chetty Harvard University Harvard University United States
2014 Matthew Gentzkow University of Chicago Harvard University United States
2015 Roland G. Fryer Jr. Harvard University Pennsylvania State University United States
2016 Yuliy Sannikov Princeton University Stanford University Ukraine
2017 Dave Donaldson[4] Stanford University [5] London School of Economics Canada
2018 Parag Pathak[6] Massachusetts Institute of Technology Harvard University United States[7]
2019 Emi Nakamura[8] University of California, Berkeley Harvard University United States and Canada

See also

References

  1. ^ a b c "American Economic Association". www.aeaweb.org.
  2. ^ "The Chronicle of Higher Education".
  3. ^ Rampell, Catherine (4 January 2009). "Prize Deflation". Economix. The New York Times. Retrieved 20 April 2018.
  4. ^ "A trade economist wins the John Bates Clark medal".
  5. ^ "Professor Dave Donaldson awarded the 2017 John Bates Clark Medal – Economics". economics.stanford.edu.
  6. ^ "Parag Pathak, Clark Medalist 2018". American Economic Association. Retrieved 20 April 2018.
  7. ^ "Parag Pathak, 2003". P.D. Soros Fellowship for New Americans. Retrieved 20 April 2018.
  8. ^ "Emi Nakamura, Clark Medalist 2019". American Economic Association.
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