UC Berkeley News : Watch UC Berkeley Economist David Card's Nobel Prize Press Conference

Berkeley CA

11 October, 2021

11:32 AM

Description

Press release from UC Berkeley News: Public Affairs 2021-10-11 David Card, a labor economist and professor of economics at the University of California, Berkeley, has won the 2021 Nobel Memorial Prize in Economic Sciences for work that challenged orthodoxy and dramatically shifted understanding of inequality and the social and economic forces that impact low-wage workers. He was awarded half the prize, with the other half shared by economists Joshua Angrist of MIT and Guido Imbens of Stanford University. Card is best known for pioneering studies in the 1990s that remain acutely relevant today, as they questioned the prevailing assumptions about the impact of immigration on native-born U.S. workers and the effect of minimum wage increases on domestic job growth. Card, 65, a native of Ontario, Canada, is UC Berkeley's sixth economist to win the Nobel Prize in economics and the campus's 26th Nobel laureate overall. This press release was produced by UC Berkeley News. The views expressed here are the author's own.