David Card


David Card

© Nobel Prize Outreach. Photo: Clément Morin

David Card
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021

Born: 1956, Guelph, Canada

Affiliation at the time of the award: University of California, Berkeley, CA, USA

Prize motivation: “for his empirical contributions to labour economics”

Prize share: 1/2


Many of the big questions in the social sciences deal with cause and effect. Some of these questions are possible to answer using natural experiments, in which chance events or policy changes result in groups of people being treated differently. Using natural experiments, David Card has analysed the labour market effects of minimum wages, immigration and education. The results showed, among other things, that increasing the minimum wage does not necessarily lead to fewer jobs, as was previously thought.

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MLA style: David Card – Facts – 2021. NobelPrize.org. Nobel Prize Outreach AB 2023. Wed. 6 Dec 2023. <https://www.nobelprize.org/prizes/economic-sciences/2021/card/facts/>

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