Esther Duflo

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Esther Duflo
ESTHER DUFLO 04.JPG
Born (1972-10-25) 25 October 1972 (age 43)
Paris, France
Nationality French
Institution MIT
Field Social economics
Development economics
Alma mater École Normale Supérieure
Paris School of Economics
MIT
Doctoral
advisor
Abhijit Banerjee[1]
Joshua Angrist[1]
Influences Amartya Sen[2]
Michael Kremer
Influenced Barack Obama[3]
Awards John Bates Clark Medal (2010)
Calvó-Armengol International Prize (2010)
Dan David Prize (2013)
Information at IDEAS / RePEc

Esther Duflo (French: [dyflo]; born 25 October 1972) is a French economist, Co-Founder and Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), and Professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology. Duflo is an NBER Research Associate,[4] serves on the board of the Bureau for Research and Economic Analysis of Development (BREAD),[5] and is Director of the Center for Economic and Policy Research's development economics program.[6]

Her research focuses on microeconomic issues in developing countries, including household behavior, education, access to finance, health, and policy evaluation. Together with Abhijit Banerjee, Dean Karlan, Michael Kremer, John A. List, and Sendhil Mullainathan, she has been a driving force in advancing field experiments as an important methodology to discover causal relationships in economics.

Early Life and Education[edit]

Duflo was born in 1972 in Paris. Her father is a math professor and her mother, a doctor. At eight, she decided to become a historian.[7] After studying in Lycée Henri-IV's "classes préparatoires BL", Duflo entered her undergraduate studies at École Normale Supérieure in Paris to study history. And in her second year at university she questioned her future as a professor, and began considering a career in the civil service, or politics. It was in this mood that she spent ten months in Moscow, starting in 1993. She taught French, and worked on a history thesis that told how, in the Soviet Union, “they had used the big construction sites, like the Stalingrad tractor factory, for propaganda, and how propaganda requirements changed the actual shape of the projects.” In Moscow, she also worked as a research assistant for a French economist then connected to the Bank of Russia, and, separately, for Jeffrey Sachs, the American economist then at Harvard, who was advising the Minister of Finance. These research posts helped her to conclude that “economics had potential as a lever of action in the world,” and that she could satisfy academic ambitions while doing “things that mattered.”

She finished her degree in history and economics at École Normale Supérieure in 1994, and received a master's degree from DELTA in Paris (Now, Paris School of Economics) jointly with École Normale Supérieure in 1995, and completed a PhD in Economics at MIT in 1999 under joint supervision of Abhijit Banerjee and Joshua Angrist. Upon completing her MIT PhD she was appointed assistant professor of economics at MIT, and has been at MIT ever since, aside from being on leave to Princeton University in 2001–2002.[8] She was promoted to associate professor (with tenure) in 2002, at the age of 29, making her among the youngest faculty at the Institute to be awarded tenure.

Major Contributions[edit]

Her PhD dissertation focused on effects of a "natural experiment" from data of an Indonesian school-expansion program of the nineteen-seventies to provide the first conclusive evidence, in a developing country, that more education resulted in higher wages.

In 2003, she co-founded Poverty Action Lab at MIT, which has since conducted over 200 empirical development experiments and train development practitioners in running randomized controlled trials.

Awards[edit]

Esther Duflo at Pop!Tech 2009

She is winner of Infosys Prize 2014 in Social Science-Economics.

She is a recipient of the 2010 John Bates Clark Medal for economists under the age of forty who are judged to have made the most significant contribution to economic thought and knowledge.[9] She received her (first) honorary doctorate from the Université catholique de Louvain, Belgium on 2 February 2010.[10]

In 2009 she was named a MacArthur Foundation Fellow, otherwise known as a "genius" grant.[11] She is also a fellow of American Academy of Arts and Sciences from 2009.[12] On 21 May 2009 she was selected as the first recipient of the Calvó-Armengol International Prize, which she finally received on 4 June 2010. This is awarded every two years to a top young researcher in economics or the social sciences for contributions to the theory and comprehension of the mechanisms of social interaction.[13]

The US magazine Foreign Policy named her as one of the top 100 public intellectuals in the world in May 2008.[14] In 2010, Foreign Policy again named her to its list of top 100 global thinkers.[15] The Economist lists Duflo as one of the top 8 young economists in the world.[16] She was named one of Time Magazine's 100 most influential people in the world in April 2011.[17]

In 2005, Le Monde, Cercle des économistes awarded her the Best Young French Economist prize.[18] She was awarded the Elaine Bennett Research Prize by the American Economic Association in 2002.[19] This prize honors a woman economist under the age of forty who has made outstanding contributions in any field of economic research.

In 2012 Duflo was picked by Foreign Policy magazine as one of its Top 100 Global Thinkers.[20]

She received the 2015 Princess of Asturias Social Sciences Spanish award.[21][22]

Other professional activities[edit]

Esther Duflo serves as founding editor of the American Economic Journal: Applied Economics, and co-editor of the Review of Economics and Statistics and the Journal of Development Economics, and is a member of the editorial committee of the Annual Review of Economics. Duflo is also a member of the Human Capital Research Programme within the International Growth Centre.

She is currently a co-director of the Abdul Latif Jameel Poverty Action Lab at MIT, and writes a monthly column for Libération, a French daily.

Duflo was the main speaker at the first Bocconi Lecture of Bocconi University in 2010,[23] followed in 2011 by Caroline Hoxby.

Publications[edit]

In April 2011 she released her latest book Poor Economics, co-authored with Abhijit V. Banerjee. It documents their 15 years of experience in conducting randomized control trials to alleviate poverty.[24] The book has received a very positive acclaim. Nobel Laureate Amartya Sen commented on book "A marvelously insightful book by the two outstanding researchers on the real nature of poverty." [25]

References[edit]

  1. ^ a b Duflo, Esther (1999), Essays in empirical development economics. Ph.D. dissertation, Massachusetts Institute of Technology.
  2. ^ "Esther Duflo, première économiste du développement honorée de la médaille Clark"
  3. ^ "Renowned French economist to join Obama's team". 1 June 2013. Retrieved 7 May 2014. 
  4. ^ NBER Family members in Economics of Education
  5. ^ BREAD Board of Directors
  6. ^ Program Directors in each Program of CEPR
  7. ^ Parker, Ian (2010-05-17). "The Poverty Lab". The New Yorker. ISSN 0028-792X. Retrieved 2016-02-01. 
  8. ^ About Esther Duflo
  9. ^ List of John Bates Clark Medal by American Economic Association
  10. ^ Inaugural lecture by Esther Duflo at the conferral of her honorary doctorate, Université catholique de Louvain (French).
  11. ^ MacArthur Fellows Program 2009 Fellows
  12. ^ American Academy of Arts and Sciences Book of Members, 1780–2010 Chapter D page.25
  13. ^ Prof. Esther Duflo Wins the Inaugural Calvó-Armengol Prize
  14. ^ Foreign Policy: Top 100 Intellectuals
  15. ^ Foreign Policy Magazine: Top 100 Global Thinkers
  16. ^ "International bright young things", The Economist, December 30, 2008 
  17. ^ Time Magazine: The 2011 Time 100: Esther Duflo
  18. ^ The award for best young economist: The prize history of the Circle of economists
  19. ^ ANNOUNCEMENT FOR RECIPIENT OF THE 2002 ELAINE BENNETT RESEARCH PRIZE
  20. ^ "The FP Top 100 Global Thinkers". Foreign Policy. 26 November 2012. Archived from the original on 28 November 2012. Retrieved 28 November 2012. 
  21. ^ "Esther Duflo wins Princess of Asturias Social Science prize". euronews. 
  22. ^ "Esther Duflo - Laureates". www.fpa.es. Fundación Princesa de Asturias. Retrieved 17 June 2015. 
  23. ^ http://instat.wordpress.com/2010/06/23/bocconi-lecture-esther-duflo-professor-of-economics-massachussets-institute-of-technology/
  24. ^ About the Book Poor Economics
  25. ^ Editorial Review at Amazon.com

External links and references[edit]