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Natural experiments help answer important questions for society

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  • Committee, Nobel Prize

    (Nobel Prize Committee)

Abstract

This year’s Laureates – David Card, Joshua Angrist and Guido Imbens – have provided us with new insights about the labour market and shown what conclusions about cause and effect can be drawn from natural experiments. Their approach has spread to other fields and revolutionised empirical research.

Suggested Citation

  • Committee, Nobel Prize, 2021. "Natural experiments help answer important questions for society," Nobel Prize in Economics documents 2021-1, Nobel Prize Committee.
  • Handle: RePEc:ris:nobelp:2021_001
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    More about this item

    Keywords

    Labor markets; natural experiments;

    JEL classification:

    • J00 - Labor and Demographic Economics - - General - - - General

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