What have the 2021 Nobel laureates done for us?
The 2021 Nobel Prize in Economic Sciences was awarded to David Card, Joshua Angrist and Guido Imbens. Jorn-Steffen Pischke explains how the use of natural experiments in empirical economics, work in which they were pioneers, has ushered in much progress in the analysis of causal relationships, transforming the study of key policy challenges, including education, immigration and the minimum wage.
22 February 2022 Paper Number CEPCP621
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This CentrePiece article is published under the centre's Labour programme.