David Neumark, [Distinguished Professor of economics], at the University of California, Irvine, who co-wrote a paper contesting Mr. [David] Card and Mr. [Alan B.] Krueger’s findings in the minimum wage study, said he still thought the work had data issues — but added that there was no doubt that the methodology was important. “They’ve all done great work — they’ve changed the way that labor economists do research,” Mr. Neumark said of the three winners.

For the full story, please visit https://www.nytimes.com/2021/10/11/business/nobel-economics-prize-david-card-joshua-angrist-guido-imbens.html.