The EIB Prize is an annual economics award created by the EIB Institute to recognise and stimulate excellence in economic and social research, and its implementation and diffusion. Research should be of specific relevance to European development and integration. It consists of an “Outstanding Contribution Award” of EUR 40 000 and a “Young Economist Award” of EUR 25 000.
The topic for the 2015 EIB Prize was “Economics of Inequality and Economic Growth”. The Prize was awarded for applied research conducted on the interaction of economic performance/growth and inequality. Research focused on the effect of income and wealth inequality on GDP as well as broader concepts of well-being. Special consideration was given to work comparing the European experience (including between EU member countries) with that of other large advanced economies.
Eligibility criteria for candidates
Nominees for the EIB Prize must be researchers that have made substantial empirical contributions based on solid theoretical foundations in areas covered by this year’s topic. Both awards are open to all economists regardless of nationality or work location.
The Outstanding Contribution Award honours scholars for their lifetime scientific contribution of specific relevance to the prize’s topic, including academic excellence and publication record and impact on public policy or society at large.
The Young Economist Award honours scholars under the age of forty at the end of the current year. It recognises influential research or a significant contribution to economic thought and knowledge that is of specific relevance to the prize’s topic and demonstrates great promise for the future.
The winners are selected by a jury composed of distinguished scholars and chaired by Professor Sir Christopher Pissarides, LSE, Nobel Prize laureate in economics (2010).
The 2015 EIB Prize for excellence in economic and social research was awarded to Sir Anthony Atkinson (Institute of New Economic Thinking at the Oxford Martin School and Nuffield College, Oxford; and the London School of Economics and Political Science) and Benjamin Moll (Department of Economics, Princeton University).
Professor Atkinson was awarded the EUR 40 000 Outstanding Contribution Award and Professor Moll the EUR 25 000 Young Economist Award (under the age of 40) in recognition of the academic excellence, work published and impact on public policy of their research on the topic of this year’s prize: the “Economics of Inequality and Economic Growth”.
The 2014 EIB Prize for excellence in economic and social research was awarded jointly to Professors Nicholas Bloom (Department of Economics, Stanford University) and John Van Reenen (Centre for Economic Performance and Department of Economics, London School of Economics and Political Science) in acknowledgment of the academic excellence, work published and impact on public policy of their research on “Innovation, Market Structure and Competitiveness”. Read the press release or click here for more information about the winners and the event.
In 2013 the “Outstanding Contribution Award” went to Professor Dr Klaus F. Zimmermann from the University of Bonn and Director of the Institute for the Study of Labour (IZA). Professor Dr Elias Papaioannou, from the London Business School, received the 2013 “Young Economist Award”. Read the press release or click here for more information about the winners and the event.