FEA Congratulates Nobel Prize winners – Abhijit Banerjee and Esther Duflo and Michael Kremer

The 2019 Nobel prize for Economic Sciences has been awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their experimental approach to alleviating global poverty.

They created the Poverty Action Lab (later renamed J-PAL) to benchmark effective ideas for poverty alleviation by randomized controlled trials (RCT). FEA was one of the research sites used by J-PAL for an RCT. The research project at FEA was to answer the question: How can disadvantaged youth be incentivized to not drop out from free education programs that the youth themselves believe to be beneficial. Globally, a majority of disadvantaged youth that enroll in helpful programs end up dropping out of these programs.

Around 2013, J-PAL and Esther Duflo hosted several poverty alleviation programs including FEA at their annual conference so researchers and programs could engage.

The J-PAL study done at FEA had a very positive outcome and is expected to be published in 2020.

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