Awards 2016

    John Abowd received the Julius Shiskin Memorial Award for Economic Statistics. The award, presented by the Washington Statistical Society, the National Association for Business Economics, and the American Statistical Association, recognizes original and important contributions to the development of economic statistics.

    Kenneth Ahern won second place in the Jensen Prize competition for the Best Paper in the Journal of Financial Economics. He was honored for his paper "Lost in Translation? The Effect of Cultural Values on Mergers Around the World," with Daniele Daminelli and Cesare Fracassi.

    Susan Athey was elected a Corresponding Fellow of the British Academy and received the Jean-Jacques Laffont Prize.

    Orazio Attanasio received the Carlos Diaz-Alejandro Prize from the Latin American and Caribbean Economic Association (LACEA) and the Klaus J. Jacobs Research Prize.

    Javier Bianchi received the Excellence Award in Global Economic Affairs from the Kiel Institute for the World Economy.

    Olivier Blanchard received an honorary doctorate from London Business School, was named an Officier de la Légion d’Honneur in France, and was elected President of the American Economic Association.

    Francine D. Blau received the 2017 Judge William B. Groat Alumni Award, presented each year by the Industrial and Labor Relations School at Cornell University to a graduate in recognition of outstanding professional accomplishments and commitment to the school.

    Eric Budish, Heidi Williams, and Benjamin N. Roin received the 24th Arrow Award for the best paper in health economics for the paper, "Do Firms Underinvest in Long-Term Research? Evidence from Cancer Clinical Trials."

    Leonardo Bursztyn received an Alfred P. Sloan Research Fellowship in Economics.

    John Y. Campbell delivered the Richard T. Ely Lecture at the American Economic Association meetings in January 2016.

    John Cawley became the U.S. Department of State's Fulbright Specialist in Economics to Ireland.

    Stephen G. Cecchetti was awarded an honorary doctorate from the faculty of business and economics at the University of Basel.

    Janet Currie received an honorary doctorate from l'Université Jean Moulin Lyon III and the Carolyn Shaw Bell Award for furthering the role of women in economics from the Committee on the Status of Women in the Economics Profession.

    Angus Deaton was named Knight Bachelor in the Queen's Birthday Honours List, Doctor of Humane Letters from Brown University, Honorary Fellow and Royal Medal Recipient from the Royal Society of Edinburgh, Honorary Fellow of the University of Bristol, and recipient of the Franklin Founder Award.

    Peter DeMarzo became President-Elect of the American Finance Association, and received the Charles River Associates Award for Best Paper on Corporate Finance for "The Leverage Ratchet Effect," with Anat Admati, Martin Hellwig, and Paul Pfleiderer, and the Best Paper Prize at the Utah Winter Finance Conference for "Relative Pay for Non-Relative Performance: Keeping Up with the Joneses with Optimal Contracts," with Ron Kaniel.

    Marco Di Maggio received the NASDAQ Prize at the Financial Management Association conference for his paper "The Value of Trading Relations in Turbulent Times," coauthored with Amir Kermani and Zhaogang Song.

    Martin Gaynor received the Best Paper Award from the American Economic Journal: Economic Policy for "Death by Market Power: Reform, Competition, and Patient Outcomes in the National Health Service," with Rodrigo Moreno-Serra and Carol Propper, and was elected to the Academy of Medicine of the National Academies of Sciences, Engineering, and Medicine.

    Matthew Gentzkow received the 2016 Calvó-Armengol International Prize in Economics.

    Claudia Goldin received the 2016 IZA Prize in Labor Economics for her career-long work on the economic history of women in education and the labor market.

    Robert J. Gordon's book The Rise and Fall of American Growth won the PROSE Award of the Association of American Publishers for the best book of the year in U.S. history, and was included in the Wall Street Journal's list of the ten best nonfiction books of 2016.

    Gautam Gowrisankaran received the 2016 Best Paper Award for the Workshop on Health IT and Economics (WHITE) for "Does Hospital EMR Adoption Lead to Upcoding or More Accurate Coding?" coauthored with Keith Joiner and Jianjing Lin. He, Aviv Nevo, and Robert Town were awarded the 2016 Antitrust Writing Award for the best academic paper on mergers for their paper "Mergers When Prices are Negotiated: Evidence from the Hospital Industry."

    John Graham, Michael R. Roberts, and Mark Leary were awarded the Jensen Prize for the best corporate finance paper published in the Journal of Financial Economics for "A Century of Capital Structure: The Leveraging of Corporate America." Graham also received the AAA Notable Contribution to Accounting Literature Award for his Journal of Accounting and Economics paper "Earnings Quality: Evidence from the Field," with Ilia Dichev, Campbell R. Harvey, and Shiva Rajgopal.

    Shane Greenstein's book, How the Internet Became Commercial: Innovation, Privatization, and the Birth of a New Network, won the Schumpeter Prize for recent scholarly contributions that are related to Schumpeter's work.

    Gene M. Grossman was awarded an honorary doctorate by the University of Minho in Braga, Portugal and delivered The World Economy Annual Lecture at the University of Nottingham.

    Daniel S. Hamermesh was named Network Director of the IZA and Editor-in-Chief of the IZA World of Labor.

    Oliver Hart and Bengt Holmstrom shared the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Holmstrom was also named the 2016 Distinguished Fellow at CESifo in Munich.

    Yael V. Hochberg was awarded the Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship.

    Sebnem Kalemli-Ozcan was selected as the Council on Foreign Relations' first International Affairs Fellow in International Economics.

    Steven N. Kaplan received the Harry M. Markowitz Award for the best paper published in the Journal of Investment Management for his paper with Robert Harris and Tim Jenkinson on "How Do Private Equity Investments Perform Compared to Public Equity?"

    Loukas Karabarbounis received an Alfred P. Sloan Research Fellowship in Economics.

    Samuel Kortum was elected a Fellow of the American Academy of Arts and Sciences.

    Amanda E. Kowalski, Martin B. Hackmann, and Jonathan T. Kolstad received the National Institute for Health Care Management (NIHCM) Research Award for their paper on "Adverse Selection and an Individual Mandate: When Theory Meets Practice."

    Ronald Lee received the 2016 Laureate Award from the International Union for Scientific Study of Population for out-standing contributions to demography.

    Christian Leuz was awarded the 2016 Distinguished Contribution to the Accounting Literature Award for his paper "Mandatory IFRS Reporting Around the World: Early Evidence on the Economic Consequences," with Holger Daske, Luzi Hail, and Rodrigo Verdi. He also received the 2016 Best Paper Award from the Financial Accounting and Reporting Section of the American Accounting Association for "Adopting a Label: Heterogeneity in the Economic Consequences around IAS/IFRS Adoptions," with the same three co-authors, and the 2016 Best Dissertation Supervision Award from the same organization.

    Brigitte Madrian received the 2016 Brigham Young University Distinguished Alumni Achievement Award.

    Thomas McGuire received the article of the year award at the International Journal of the Economics of Business for his paper on "Do Reverse Payment Settlements Constitute an Anticompetitive Pay-for-Delay?" coauthored with Keith Drake and Martha Starr.

    Alan C. Monheit received the New Jersey Health Foundation's Excellence in Research Award.

    Enrico Moretti was elected a Fellow of the Econometric Society.

    Stewart C. Myers received the Morgan Stanley American Finance Association Award for Excellence in Finance, recog-nizing "outstanding thought leadership in the field of financial economics."

    Ariel Pakes gave the inaugural Griliches Lecture of the Econometric Society on "Moment Inequalities and Their Use in Industrial Organization."

    Alessandro Rebucci received the E-House Best Paper Award at the Global Chinese Real Estate Congress for "Does Easing Monetary Policy Increase Financial Stability?" jointly with Ambrogio Cesa-Bianchi.

    Dani Rodrik was awarded an honorary doctorate by the University of Southern Denmark.

    Judith Scott-Clayton received the 2016 American Educational Research Association Division L (Education Policy and Politics) Early Career Award, as well as the National Association of Student Financial Aid Administrators (NASFAA) Robert P. Huff Golden Quill Award for her research on student financial aid.

    Kent Smetters and Felix Reichling received the 2016 TIAA Paul A. Samuelson Award for their paper "Optimal Annuitization with Stochastic Mortality and Correlated Medical Costs."

    Robert N. Stavins was awarded the Edmund G. "Pat" Brown Award for advancing environmental policy in California.

    Erdal Tekin was appointed Honorary Professor at Deakin University, Australia.

    Daniel Trefler received the Killam Prize in the Social Sciences and the Bank of Canada Fellowship Award for academic excellence.

    Stijn Van Nieuwerburgh was awarded the Germán Bernácer Prize for the best European economist under 40 working in macroeconomics or finance.

    John Van Reenen was named an OBE (Officer of the Order of the British Empire) "for services to economics and public policy making."

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