Annual Report of Awards to NBER Affiliates, Spring 2025

Katharine Abraham was elected to serve as president-elect (in 2025) and president (in 2026) of the American Economic Association.

John Abowd received the Association for Computing Machinery Policy Award for his work in modernizing the US Census Bureau's processing and dissemination of census, survey, and administrative data.

Daron Acemoglu, Simon Johnson, and James A. Robinson were awarded the 2024 Nobel Memorial Prize in Economic Sciences “for studies of how institutions are formed and affect prosperity.”

Klakow Akepanidtaworn, Rick Di Mascio, Alex Imas, and Lawrence Schmidt won the Dimensional Fund Advisors First Prize for best paper in The Journal of Finance for Selling Fast and Buying Slow: Heuristics and Trading Performance of Institutional Investors (NBER Working Paper 29076).

Pol Antràs was elected a member of the American Academy of Arts and Sciences.

Costas Arkolakis, John Asker, David Atkin, Paul Beaudry, Sandra E. Black, Alessandra Casella, Janice C. Eberly, Erica M. Field, Henrik Kleven, Kala Krishna, Deborah J. Lucas, Annamaria Lusardi, N. Gregory Mankiw, Enrique Gabriel Mendoza, Ismael Mourifié, Guillermo Ordoñez, Mar Reguant, Diego Restuccia, Andrés Rodríguez-Clare, Luigi Zingales, and Gabriel Zucman were elected fellows of the Econometric Society. 

Jeremy Atack, Robert Margo, and Paul Rhode were awarded the Larry Neal Prize for the best article in Explorations in Economic History for De-skilling: Evidence from Late Nineteenth Century American Manufacturing (NBER Working Paper 31334).

H. Spencer Banzhaf received the Joseph Spengler best book prize from the History of Economics Society for his book Pricing the Priceless: A History of Environmental Economics and was named an honorary fellow of the Society for Benefit-Cost Analysis.

Julian Betts received a Research-Practice Partnership Award from the California Educational Research Association.

Barbara Biasi received the American Economic Journal: Economic Policy Best Paper Award for The Labor Market for Teachers Under Different Pay Schemes (NBER Working Paper 24813).

Carola Binder's book, Shock Values: Prices and Inflation in American Democracy, was named one of the top 10 books of 2024 by The Wall Street Journal.

Judd B. Kessler, Dmitry Taubinsky, and Eric Zwick, along with Erin T. Bronchetti and Ellen B. Magenheim, won the Exeter Prize for Research in Experimental Economics, Decision Theory, and Behavioral Economics for their paper Is Attention Produced Optimally? Theory and Evidence from Experiments with Bandwidth Enhancements (NBER Working Paper 27443).

Emily Breza and Elizabeth Setren each received a Presidential Early Career Award for Scientists and Engineers from the National Science Foundation.

John Campbell was named a fellow of the Financial Management Association and won the Skandia Research Award from the Swedish House of Finance.

Richard Clarida received the John Whitehead Award for Distinguished Public Service and Financial Leadership from the Museum of American Finance.

Lauren H. Cohen was named a Top 25 Global Family Enterprise Academic by Family Capital.

Zoe B. Cullen, Ellora Derenoncourt, Eduardo Dávila, Maryam Farboodi, Kilian Huber, and Ludwig Straub were named Sloan Research Fellows. 

Janet Currie served as president of the American Economic Association, received the Society of Labor Economists Jacob Mincer Award, was elected an International Fellow of the British Academy, and was named a Doctor Honoris Causa by Università della Svizzera italiana and a Clarivate Citation Laureate by the Institute for Scientific Information.

Leemore Dafny was elected to the National Academy of Medicine.

Eduardo Dávila was awarded the Banco Sabadell Foundation Award for Economic Research and the Arthur Greer Memorial Prize for Outstanding Scholarly Publication or Research from Yale University.

Thomas S. Dee received the Peter H. Rossi Award for contributions to the theory or practice of program evaluation by the Association for Public Policy Analysis and Management, and the Outstanding Public Communication of Education Research Award by the American Educational Research Association.

Florian Ederer received the Jerry S. Cohen Award for Antitrust Scholarship from the American Antitrust Institute.

Maryam Farboodi received the Elaine Bennett Research Prize from the American Economic Association Committee on the Status of Women in the Economics Profession.

Raquel Fernández was awarded the Carlos Diaz-Alejandro Prize by the Latin American and Caribbean Economic Association and elected a fellow of the Society for the Advancement of Economic Theory.

John Friedman was elected vice president of the Eastern Economic Association.

Kenneth Gillingham and Donna Ginther were named fellows of the American Association for the Advancement of Science.

Sherry Glied won the American Public Health Association’s Carl Taube Award for Lifetime Contribution to the Field of Mental Health.

Gopi Shah Goda, Matthew R. Levy, Colleen Flaherty Manchester, Aaron Sojourner, Joshua Tasoff, and Jiusi Xiao’s paper Are Retirement Planning Tools Substitutes or Complements to Financial Capability? (NBER Working Paper 30723) was a finalist for the TIAA Institute Paul A. Samuelson Award. 

Claudia Goldin received honorary doctorates from Brown University, Boston University, and Simmons University, the University of Chicago Alumni Medal, and was named one of Time's Women of the Year.

Jacob Goldin was awarded the Donald M. Ephraim Prize in Law and Economics by the University of Chicago.

Niels Joachim Gormsen, Killian Huber, and Sangmin Simon Oh received the Kellogg School of Management Moskowitz Prize for their paper Climate Capitalists (NBER Working Paper 32933).

Robert J. Gordon received an honorary doctorate from Université Paris 1 Panthéon-Sorbonne .

Bronwyn H. Hall and John Haltiwanger were named Distinguished Fellows of the American Economic Association.

Caroline Hoxby was elected to membership in the American Academy of Sciences and Letters.

Hilary Hoynes was awarded the Daniel M. Holland Medal by the National Tax Association. 

Steven Kaplan was elected a Distinguished Fellow of the American Finance Association.

Elisabeth Kempf and Margarita Tsoutsoura received the Second Place Jensen Prize from the Journal of Financial Economics for their paper Political Ideology and International Capital Allocation (NBER Working Paper 29280) with Mancy Luo and Larissa Schäfer.

Morris M. Kleiner received the Economics Career Achievement Alumni Award from the Department of Economics of the University of Illinois Urbana-Champaign.

Pinelopi Koujianou Goldberg was named a Distinguished Fellow of the Center for Economic Studies at Ludwig-Maximilians-Universität München and delivered the associated Munich Lecture in Economics.

Christian Leuz was honored as a Falling Walls Foundation Global Call Winner in Social Sciences and Humanities for his work on fracking and transparency.

Andrew Lo received a Journal of Investment Management Special Distinction Award, a 25th Annual Bernstein Fabozzi/Jacobs Levy Award for outstanding article in the Journal of Portfolio Management, and a Questrom-CEMA Best Paper Award for “Performance Attribution for Portfolio Constraints” with Ruixun Zhang.

Nicole Maestas was elected to the National Academy of Medicine.

Matteo Maggiori received the Junior Prize for Money and Macroeconomics from the Banque de France and the Toulouse School of Economics.

Nadya Malenko received the Brattle Group First Prize in Corporate Finance from TheJournal of Finance for “Trading and Shareholder Democracy” with Doron Levit and Ernst G. Maug, the Best Paper in Corporate Finance Award at the Society for Financial Studies Cavalcade North America for Voting Choice (NBER Working Paper 31636) with Andrey Malenko, and the Best Paper Award on Corporate Finance from the Northern Finance Association for Custom Proxy Voting Advice (NBER Working Paper 32559) with Edwin Hu and Jonathon Zytnick.

Ulrike Malmendier served as president-elect of the American Finance Association, was elected a fellow of the European Corporate Governance Institute, awarded the Marsilius Medal by the University of Heidelberg, and named one of the 100 most influential women in the German economy by Manager Magazin.

Olivia S. Mitchell received the CIO Lifetime Achievement Award for her contributions to research on retirement, public and private pension structures, and long-term investing.

Jonathan A. Parker, Antoinette Schoar, and Yang Sun were awarded the TIAA Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security for their paper Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds (NBER Working Paper 28028).

Lubos Pastor and Pietro Veronesi were awarded the Stephen A. Ross Prize in Financial Economics for their paper Technological Revolutions and Stock Prices (NBER Working Paper 11876).

James M. Poterba was named a fellow of the National Association for Business Economics.

Hélène Rey received the Bernhard Harms Prize from the Kiel Institute for the World Economy, the Senior Prize in Monetary Economics and Finance from the Banque de France and the Toulouse School of Economics, and was named Knight of the National Order of Merit.

Dani Rodrik received an honorary doctorate from the University of Buenos Aires.

Joshua L. Rosenbloom was elected to the Economic History Association Society of Distinguished Fellows.

David Sraer received the Junior Finance Prize from the Banque de France and the Toulouse School of Economics.

Stijn Van Nieuwerburgh was awarded the Yuki Arai Faculty Research Prize in Finance by NYU Stern for his paper Work from Home and the Office Real Estate Apocalypse (NBER Working Paper 30526) with Arpit Gupta and Vrinda Mittal.

Dimitri Vayanos alongside Hao Jiang and Lu Zheng received the Swiss Finance Institute's Outstanding Paper Award for Passive Investing and the Rise of Mega-Firms (NBER Working Paper 28253).

Emil Verner received a 2024 Excellence Award in Global Economic Affairs from the Kiel Institute for the World Economy.

Michael Weber and Ulrike Malmendier’s paper on “Exposure to Grocery Prices and Inflation Expectations” alongside Francesco D’Acunto and Michael Weber was named one of the most influential policy papers of recent years by Overton.

Daniel Xu was awarded the Robert E. Lucas Jr. Prize for his paper How Costly Are Markups? (NBER Working Paper 24800) with Chris Edmond and Virgiliu Midrigan.