write a biography of abhijit vinayak banerjee in 100 words

Abhijit Vinayak Banerjee is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. In 2003 he co-founded the Abdul Latif Jameel Poverty Action Lab (J-PAL) with Esther Duflo and Sendhil Mullainathan, and he remains one of the Lab’s Directors. Banerjee is a fellow of the National Academy of Sciences, the American Academy of Arts and Sciences and the Econometric Society. He is a winner of the Infosys Prize a co-recipient of the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for his groundbreaking work in development economics research. 

Abhijit is the author of a large number of articles and six books, including  Poor Economics , which won the Goldman Sachs Business Book of the Year,  Good Economics for Hard Times , both co-authored with Esther Duflo, and Cooking to Save Your Life . He is the editor of three more books and has directed two documentary films. Banerjee has served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda. He is a trustee of Save the Children USA, a trustee of the British Museum, and the Chair of the Global Education Evidence Advisory Panel and the Global Advisory Board for Covid-19 Response of the government of West Bengal.

ABHIJIT BANERJEE DOES NOT HAVE ANY SOCIAL MEDIA ACCOUNTS, INCLUDING TWITTER, LINKEDIN, FACEBOOK, OR INSTAGRAM.

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Abhijit Banerjee Biography: Early Life, Family, Education, Career, Books and Nobel Prize

Abhijit banerjee biography: abhijit vinayak banerjee is an indian-american economist. he currently serves at  massachusetts institute of technology as the ford foundation international professor of economics..

Abhijit Vinayak Banerjee is an Indian-American economist. He currently serves at  Massachusetts Institute of Technology as the Ford Foundation International Professor of Economics. Banerjee along with his wife Esther Duflo and Michael Kremer won the Nobel Memorial Prize in Economic Sciences in 2019. Banerjee and Duflo are the sixth married couple who shared the Noble Prize. 

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Abhijit Banerjee: Early Life, Family and Education

Abhijit Banerjee was born on February 21, 1961, in Bombay (Present-day Mumbai) to Dipak Banerjee and Nirmala Banerjee. Abhijit Banerjee's father Dipak Banerjee was the HOD of Economics at Presidency College, Calcutta (Present-day Kolkata) while his mother Nirmala Banerjee was a professor of economics at the Centre for Studies in Social Sciences, Calcutta (Present-day Kolkata), West Bengal. 

Abhijit Banerjee: Personal Life

Abhijit banerjee: carrer.

Abhijit Banerjee currently serves at the Massachusetts Institute of Technology as the Ford Foundation International Professor of Economics. Banerjee has also rendered his services at Harvard University and Princeton University. 

Abhijit Banerjee along with his wife Esther Duflo worked on development economics. In 2004, Banerjee was elected as a fellow of the American Academy of Arts and Sciences. In 2009, Banerjee was awarded the Infosys Prize in the category of social science (economics). He is also the recipient of the inaugural Infosys Prize in the social sciences category of economics. In 2012, Banerjee and his co-author shared the  Gerald Loeb Award Honorable Mention for their Business Book 'Poor Economics'.

In 2013, UN Secretary-General Ban Ki-Moon named Abhijit Banerjee to a panel of experts who were tasked to update the Millennium Development Goals after their expiry in 2015. 

In 2014, Kiel Institute for the World Economy awarded Abhijit Banerjee with the Bernhard-Harms-Prize. In 2019, Banerjee delivered Export-Import Bank of India's 34th Commencement Day Annual Lecture on Redesigning Social Policy.

Abhijit Banerjee: Researches

Abhijit banerjee: books .

1- Volatility And Growth (2005) by Philippe Aghion and Abhijit Banerjee.

2- Understanding Poverty (2006) by Abhijit Vinayak Banerjee, Roland Bénabou and Dilip Mookherjee. 

3- Making Aid Work (2005) by Abhijit Banerjee.  

4-  Radical Rethinking of the Way to Fight Global Poverty (2011) by Abhijit Banerjee and Esther Duflo. 

5- Handbook of Field Experiments, Volume 1 (2017) by Abhijit Banerjee and Esther Duflo. 

6- Handbook of Field Experiments, Volume 2 (2017) by Abhijit Banerjee and Esther Duflo.

7- A Short History of Poverty Measurements (2019) by Abhijit Banerjee. 

8- Good Economics for Hard Times (2019) by Abhijit Banerjee and Esther Duflo.

Abhijit Banerjee has authored a large number of articles and four books. Banerjee's books co-authored with his wife Esther Duflo won the Goldman Sachs Business Book of the Year and Good Economics for Hard Times. Abhijit Banerjee has also edited three books and has directed two documentary films.

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Social Sciences

Abhijit banerjee.

Professor, Department of Economics, Massachusetts Institute of Technology, USA

The Infosys Prize in Social Sciences – Economics goes to Professor Abhijit Banerjee in recognition of his outstanding contributions to the economic theory of development, and for his pioneering work in the empirical evaluation of public policy.

Infographic:

Analyzing the economics of poverty alleviation.

• Scope and Impact of Work

Professor Abhijit Banerjee is widely regarded as one of the best economists in the world. He is exceptional for combining brilliant theoretical skills with a passion for field work done in India. He is also known for his rigorous analysis of empirical findings and for working out the implications of these findings for policy making in India. Banerjee started out primarily as a theoretical economist, and his papers in top journals (particularly on herd behavior in financial markets, on the economics of rumors, and on occupational choice in the process of development when credit markets leave out many of the poor) became landmarks in the theory of financial markets and in the theory of growth and development. While these works were informed by his knowledge of the Indian economy, in more recent years, Banerjee has been doing detailed empirical work of exceptional reach in India.

He has addressed issues such as the productivity effects of land reforms and the historical legacy of land tenure systems, the effects of inequality of control rights in sugar cooperatives in Maharashtra, reputational effects in the Indian software industry, performance of Indian banks, and capital allocation in the knitted garment industry in Tirupur. He has also done ground-breaking work in the evaluation of the delivery of health and education services to the poor in different parts of India.

Professor Abhijit Vinayak Banerjee was educated at the University of Calcutta, where he pursued his Bachelor of Science degree, and he completed his Master of Arts at Jawaharlal Nehru University in 1983. He then studied at Harvard University, where he received his Ph.D. in 1988.

He is a past president of the Bureau for Research in the Economic Analysis of Development, a Research Associate of the National Bureau of Economic Research, a Center for Economic and Policy Research Fellow, an International Research Fellow of the Kiel Institute, a Fellow of the American Academy of Arts and Sciences and the Econometric Society, a Guggenheim Fellow and an Alfred P. Sloan Fellow. In 2003, he founded the Abdul Latif Jameel Poverty Action Lab along with Esther Duflo and Sendhil Mullainathan, and remains one of the directors of the lab.

He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. His areas of research are development economics and economic theory.

View Prof. Abhijit Banerjee's web page

B.Sc.(Hons) (Economics), Presidency College; M.A. (Economics), Jawaharlal Nehru University (JNU), Delhi; Ph.D. (Economics), Harvard University

Ecole Normale Superieure, Paris

Joins Princeton University as Assistant Professor

Joins harvard university as assistant professor, joins m.i.t. as professor, elected guggenheim fellow, establishes j-pal along with esther duflo and sendhil mullainathan, elected fellow of the american academy of arts and sciences, wins the infosys prize in social sciences, co-authors poor economics: a radical rethinking of the way to fight global poverty, awarded gabarron international award for economics, wins the bernhard-harms-prize from the kiel institute for the world economy, wins the nobel prize in economics with esther duflo and michael kremer, elected member of national academy of sciences.

• Jury Citation

Professor Abhijit Banerjee has long been recognized for his outstanding contributions to the economic theory of development, and for his pioneering work in the empirical evaluation of public policy. In widely-cited contributions to the former, Banerjee has presented his novel departures in the understanding of herd behavior in financial markets, and also his analysis of occupational distribution in conditions when the poor find it difficult to raise credit. The latter includes his approach to the assessment of anti-poverty programs (particularly in the delivery of health and education services), land reform, capital allocation and banking, and the distribution of public goods in India.

An early and major proponent of the method of random evaluation in development programs, he has influenced a whole generation of young development economists in reorienting their empirical methods. He is a rare and exemplary scholar, who combines his superb theoretical skills with painstaking field work in different parts of India.

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Abhijit banerjee > cv.

The 2019 Economics Prize was awarded jointly to Abhijit Banerjee, Esther Duflo and Michael Kremer for their ‘experimental approach’ to alleviating global poverty which, in just two decades, has helped raise millions out of the poverty trap and greatly reduced child mortality. Even so, the problems of poverty persist. More than 700 million people still subsist on extremely low incomes, children leave school without basic literacy and numeracy and around five million children under five die each year of diseases that could be treated at minimal cost. The three laureates, who often work together, realised that a blanket approach to the problem could easily miss essential points, and began a series of field experiments to find what was really needed to have the greatest effect on people’s lives. Kremer began the process after teaching in Kenya in the mid-1980s. He found obvious solutions like more textbooks were not as effective as staff trained to encourage pupils of all abilities, and that free or even incentivised healthcare boosted school attendance and energised the growing population. Banerjee, and his wife Duflo, expanded on Kremer’s work to include health, credit and agriculture, mainly in India. As before, they found that concentrating on special needs students in schools raised grades most effectively, and that ‘incentivising’ families with bags of lentils greatly increased the take up of treatments such as the polio vaccine. They also found that microfinance schemes for small businesses rarely had a lasting effect, and that in developing countries the wealth gap was so pronounced that it was reflected in industry, with some making full use of new technology while others were hampered by outdated production methods. Banerjee and Duflo’s research reshaped government policies and, eventually, global approaches to poverty, health and education in the developing world. Abhijit Vinayak Banerjee was born in February 1961 in Bombay, India, the son of two economics professors. He attended Kolkata’s renowned South Point High School, and Presidency College, where he gained his BSc in economics in 1981. He was awarded his MA in economics at the Jawaharlal Nehru University, Delhi, in 1983, during which time he was arrested for taking part in a student protest, before moving to the US and Harvard University where he earned his PhD in 1988. Banerjee taught first at Princeton, and later Harvard and Massachusetts Institute of Technology, as well as a brief spell at the Paris School of Economics. He is currently the Ford Foundation International Professor of Economics at MIT. Banerjee first met Duflo when she attended his class on development economics in 1994 and later supervised her PhD and acted as guide for her first visit to India in 1997. The couple married in 2015 and have two children. Banerjee was elected a fellow of the American Academy of Arts and Sciences in 2004. He was also awarded the inaugural Infosys Prize for social sciences (economics) in 2009, and in 2013, he was appointed to a United Nations panel to update the Millennium Development Goals. In 2012, he and Duflo shared the Gerald Loeb Award for their book Poor Economics.