Guido Imbens

Guido Imbens
Imbens in 2022
Born
Guido Wilhelmus Imbens

(1963-09-03) 3 September 1963 (age 60)
Geldrop, Netherlands
Nationality
  • Dutch
  • American
SpouseSusan Athey
Academic career
InstitutionStanford University
FieldEconometrics
Alma materErasmus University (BA)
University of Hull (MSc)
Brown University (MA, PhD)
Doctoral
advisor
Anthony Lancaster
Doctoral
students
Rajeev Dehejia
Alfred Galichon
AwardsNobel Memorial Prize in Economic Sciences (2021)
Information at IDEAS / RePEc

Guido Wilhelmus Imbens (born 3 September 1963) is a Dutch-American economist whose research concerns econometrics and statistics. He holds the Applied Econometrics Professorship in Economics at the Stanford Graduate School of Business at Stanford University, where he has taught since 2012.[1]

In 2021, Imbens was awarded half of the Nobel Memorial Prize in Economic Sciences jointly with Joshua Angrist "for their methodological contributions to the analysis of causal relationships."[2][3] Their work focused on natural experiments, which can offer empirical data in contexts where controlled experimentation may be expensive, time-consuming, or unethical.[4] In 1994 Imbens and Angrist introduced the local average treatment effect (LATE) framework, an influential mathematical methodology for reliably inferring causation from natural experiments that accounted for and defined the limitations of such inferences.[5][6][7] Imbens' work with Angrist, together with the work of Alan Krueger and co-recipient of the prize David Card is credited with catalysing the "credibility revolution" in empirical microeconomics.[6][8]

  1. ^ "The Vita of Guido Wilhelmus Imbens" (PDF). Stanford Graduate School of Business website. September 2013. Archived (PDF) from the original on 11 October 2021. Retrieved 11 October 2021.
  2. ^ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021". nobelprize.org. 11 October 2021. Archived from the original on 11 October 2021.
  3. ^ Smialek, Jeanna (11 October 2021). "The Nobel in economics goes to three who find experiments in real life". The New York Times. Archived from the original on 11 October 2021. Retrieved 11 October 2021.
  4. ^ "Guido Imbens | Biography, Nobel Prize, Economics, Causal Inference, & Facts | Britannica". www.britannica.com. Retrieved 3 April 2022.
  5. ^ Cite error: The named reference :5 was invoked but never defined (see the help page).
  6. ^ a b Ball, Philip (13 October 2021). "Nobel-winning 'natural experiments' approach made economics more robust". Nature. doi:10.1038/d41586-021-02799-7. PMID 34646027. S2CID 238859830.
  7. ^ The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel (11 October 2021). "Answering causal questions using observational data. Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021" (PDF).
  8. ^ "A Nobel prize for an economics revolution : The Indicator from Planet Money". NPR.org. Retrieved 3 April 2022.

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