During his first year teaching and living at Harvard University, Guido Imbens spent his Saturday mornings with his colleague Joshua Angrist at the university housing laundromat, and during the spin cycle, the pair would discuss work and ponder questions about the world. Memories of those leisurely weekend conversations, nearly three decades ago now, flooded back to Imbens today upon learning that both he and Angrist have been awarded the 2021 Nobel Prize in Economic Sciences for work they conducted together.
“We were talking about ideas and thinking about open questions and it’s just kind of amazing to think that that work just very directly … it’s essentially where we figured out the main ideas that are the basis for this prize,” said Imbens.
Imbens is the applied econometrics professor and professor of economics at the Stanford Graduate School of Business. He is also a professor of economics in the School of Humanities and Sciences and a senior fellow at the Stanford Institute for Economic Policy Research (SIEPR).
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Prof. Imbens leads Stanford Data Science's Causal Science Center.