Bengt Holmstrom has been awarded the 2011 Senior Banque de France-TSE Prize in Monetary Economics and Finance for his analysis of liquidity under asymmetric information.
Robert M. Townsend, an expert in the ways financial systems and practices can contribute to the growth of developing economies, has been named winner of the Jean-Jacques Laffont Prize in economics for 2011.
Lucas Papademos has been selected as the new prime minister of Greece. He earned a degree in physics, a masters in electrical engineering, and a doctorate in economics at Massachusetts Institute of Technology.
Abhijit V. Banerjee and Esther Duflo won the Financial Times and Goldman Sachs Business Book of the Year Award 2011 for “Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.”
Heidi Williams receives the 2011 Garfield Economic Impact Award for her paper,"Estimating Marginal Returns to Medical Care: Evidence from At-Risk Newborns."