Bay Area professions for their methodological contributions to the analysis of causal relationships.”

Two Bay Area professors were named Nobel laureates in economics early Monday by the Royal Swedish Academy of Sciences.

David Card, of the University of California, Berkeley, won half of the Nobel Memorial Prize in Economic Sciences — formally called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 — “for his empirical contributions to labour economics.”

Stanford University professor Guido W. Imbens will share the other half of the prize with colleague Joshua D. Angrist, of the Massachusetts Institute of Technology, “for their methodological contributions to the analysis of causal relationships.”

ABC7 News

This is the second year in a row for UC Berkeley faculty to win a Nobel Prize. Last year, Jennifer Doudna was awarded the Nobel Prize in Chemistry, and Richard Genzel won the Nobel Prize in Physics.

Here David Card with “The Wage Effect? Immigrant Workers in the U.S. Economy”: