• Press Release
  • April 20, 2021

American Economic Association Announces Award Recipients for 2021


Barbara H. Fiser
American Economic Association
Phone: (615) 322-3731
Fax: (615) 343-7590
Email: barbara.h.fiser@Vanderbilt.Edu

NASHVILLE, TN (April 20, 2021) - The American Economic Association (AEA) announces recipients of the John Bates Clark Medal, Distinguished Fellows, Foreign Honorary Members, and the Best Paper Awards of the American Economic Journals. These outstanding achievements will be honored at the AEA Annual Meeting in January 2022.

Awarded annually to an economist under the age of 40, the John Bates Clark Medal recognizes outstanding research accomplishments in economics. The AEA Electoral College, consisting of the Association's Honors and Awards Committee and voting members of the Executive Committee, selects the winner.  A list of Clark Medal recipients is available at https://www.aeaweb.org/about-aea/honors-awards/bates-clark.

The Distinguished Fellow awards recognize the lifetime research contributions of distinguished economists. Since 1965, past presidents of the AEA are recognized as Distinguished Fellows, and up to four additional individuals may be elected for the award in one calendar year. Distinguished Fellows are selected by the AEA Nominating Committee and voting members of the Executive Committee, sitting together as an electoral college. A list of current and past Distinguished Fellows is available at https://www.aeaweb.org/about-aea/honors-awards/distinguished-fellows.

The Foreign Honorary Members award is presented to foreign economists of distinction. Honorees are elected by the American Economic Association's Executive Committee upon recommendation from the Honors and Awards committee. A list of current Foreign Honorary Members is available at https://www.aeaweb.org/about-aea/honors-awards/foreign-honorary-members.

The annual American Economic Journal (AEJ) Best Paper Awards highlight the best paper published in each of the American Economic Journals: Applied Economics, Economic Policy, Macroeconomics, and Microeconomics over the last three years. Nominations are provided by AEA members, and winners are selected by the journals' editors, co-editors, and boards of editors. A list of current and past AEJ Best Paper Award winners is available at https://www.aeaweb.org/about-aea/honors-awards/aej-best-papers.

A list of the 2021 award winners is provided below. For more information about these awards, the recipients, and biographies of the John Bates Clark Medalist and Distinguished Fellows, visit https://www.AEAweb.org.

The American Economic Association Awards Results

John Bates Clark Medalist

Isaiah Andrews, Harvard University

Distinguished Fellows

Alan Auerbach, University of California, Berkeley
Rebecca Blank, University of Wisconsin-Madison
Anne Case, Princeton University
Robert Townsend, Massachusetts Institute of Technology

Foreign Honorary Members

Per Krusell, Sweden
Eliana La Ferrara, Italy
Lucrezia Reichlin, Italy
Manuel Trajtenberg, Israel

American Economic Journal (AEJ) Best Paper Awards 
Complimentary full-text articles are available at the web addresses referenced below.

AEJ: Applied Economics: "Social Media and Corruption," by Ruben Enikolopov, Maria Petrova, and Konstantin Sonin 10(1), (pp. 150-74) January 2018

AEJ: Economic Policy: "How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree," by Martin Watzinger, Thomas A. Fackler, Markus Nagler, and Monika Schnitzer 12(4), (pp. 328-59) November 2020

AEJ: Macroeconomics: "Deconstructing Monetary Policy Surprises – The Role of Information Shocks," by Marek JarociƄski and Peter Karadi 12(2), (pp. 1-43) April 2020

AEJ: Microeconomics: "Who Benefits from Information Disclosure? The Case of Retail Gasoline," by Fernando Luco 11(2), (pp. 277-305) May 2019

About the American Economic Association

The American Economic Association (AEA) encourages economic research, issues publications on economic subjects, and encourages perfect freedom of economic discussion. With more than 20,000 members, the Association publishes the American Economic Review (AER)AER: Insights (AERI)Journal of Economic Literature (JEL)Journal of Economic Perspectives (JEP)AEA Papers and Proceedings, and American Economic Journals (AEJ): Applied Economics, Economic Policy, Macroeconomics, and Microeconomics. More information can be found at https://www.AEAweb.org, or by contacting Barbara H. Fiser at barbara.h.fiser@Vanderbilt.Edu.