The Nobel in economics goes to three who find experiments in real life
- October 11, 2021
- David Neumark, economics, The New York Times, Oct. 11, 2021
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.
Related News Items
- Subsidies won't stop stagnation
- In a hot job market, the minimum wage becomes an afterthought
- Bernie Sanders introduces a bill to raise minimum wage to $17 by 2028
- Researcher takes a look at the pro's and con's of raising the minimum wage
- Disney faces dramatic escalation in $150M+ gender discrimination & pay equity suit