Abhijit and Esther: Couple now co-Nobel prize winners

Abhijit Banerjee, Esther Duflo (C). Photo credit: YouTube

Indian-American Abhijit Banerjee who has shared a Nobel prize in economics with his wife Esther Duflo was also her Ph.D. supervisor at US-based Massachusetts Institute of Technology (MIT).

Banerjee, who is currently the Ford Foundation International Professor of Economics at MIT, supervised Duflo's Ph.D. with Joshua Angrist in 1990.

Who is Indian-origin Nobel laureate Abhijit Banerjee?

The Ph.D. dissertation focused on the effects of a natural experiment from data of an Indonesian school-expansion program of the 1970s to provide the first conclusive evidence that in a developing country, more education resulted in higher wages. 

The duo got married in 2015 and their co-authored book 'Good Economics in Hard Times' will hit the stands this week.

French-American Duflo is also the youngest person and second woman to be awarded the Nobel prize in economics.

The couple have shared the Nobel prize with Harvard University professor Michael Kremer for "introducing a new approach to obtaining reliable answers about the best ways to fight global poverty".

Indian-origin Abhijit Banerjee wins Economics Nobel

Duflo and Banerjee have published dozens of research papers, together and with other co-authors.

They have also co-written another book before titled 'Poor Economics' which documented their decades of experience in conducting randomised control trials to alleviate poverty.

Duflo and Banerjee are the sixth and seventh people to win the award while serving as MIT faculty members, following Paul Samuelson (1970), Franco Modigliani (1985), Robert Solow (1987), Peter Diamond (2010), and Bengt Holmstrom (2016). 

Indian economy on shaky ground: Abhijit Banerjee

Banerjee was earlier married to Arundhati Tuli Banerjee, a lecturer of literature at MIT.

A JNU and Presidency College alumni, Banerjee is a past president of the Bureau for the Research in the Economic Analysis of Development, a Research Associate of the NBER, a CEPR research fellow, International Research Fellow of the Kiel Institute, a fellow of the American Academy of Arts and Sciences and the Econometric Society, and has been a Guggenheim Fellow and an Alfred P Sloan Fellow and a winner of the Infosys prize.

Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the MIT. 

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