ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

The Nobel for Poverty, Not Inequality

Angus Deaton, professor at Princeton University, has been awarded the 2015 Nobel Prize in Economics for his econometric work in three fields: the estimation of demand systems, the use of microeconomic data in estimating aggregate consumption, especially his innovation of “pseudo panels” based on cross-section data, and his use of household consumption survey data in estimating poverty.

The emphasis on empirical work is both welcome and long overdue.

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top