David Edward Card is a professor of economics at the University of California, Berkeley, and a Canadian-American labor economist. He received half of the Nobel Memorial Prize in Economic Sciences in 2021 “for his empirical contributions to labor economics,” with Joshua Angrist and Guido Imbens sharing the remaining half.
Card began his career as an Assistant Professor of Business Economics at the University of Chicago Graduate School of Business from 1982 to 1983. Before relocating to Berkeley, he taught at Princeton University from 1983 until 1997.
David Card along with Joshua Angrist and Guido Imbens got awarded the Nobel Prize in Economics, 2021.
On Monday, three economists from the United States were awarded the Nobel Memorial Prize in Economic Sciences for their work in determining the cause and impact of real-world economic events.
The Royal Swedish Academy of Sciences split this year’s prize in half between David Card of the University of California at Berkeley and two other economists, Joshua Angrist of the Massachusetts Institute of Technology and Guido Imbens of Stanford University, in Stockholm.
The men will split a total of 10 million Swedish kronor ($1.1 million).
Card was recognized for his groundbreaking contributions in the field of labor economics. According to the prize committee, Angrist and Imbens were honored for their methodological contributions to the understanding of causal linkages.
The event was broadcast live on the university’s website.
Card’s research on the impact of wages on employment was noted by the committee. He studied employment patterns near the border with Pennsylvania after New Jersey raised its minimum wage in 1992 and determined that the higher wage had not deterred hiring.
Card’s findings challenged common thought and prompted more research, which found that a company’s behavior typically outweighs the impact of pay regulation.
According to the committee, Angrist and Imbens established a framework that demonstrates what “exact inferences” can be taken from observations, which has been widely adopted by researchers working with observational data.
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Peter Fredriksson, chair of the Economic Sciences Prize Committee said, “Card’s studies of core questions for society and Angrist and Imbens’s methodological contributions have shown that natural experiments are a rich source of knowledge. Their research has substantially improved our ability to answer key causal questions, which has been of great benefit to society,”
According to the committee, the three economists have transformed empirical work in the social sciences.
“I was absolutely thrilled to hear the news,” told Imbens, who noted that the three men are friends and that Angrist had been the best man at his wedding.
By phone, the Stanford economist joined the award press presentation.
According to a Nobel tweet, Card received the news in a phone call from Adam Smith of the Nobel committee, who “suspected might be a made-up name.'” Card was photographed getting the news in a bathrobe in a photo made by his wife, Cynthia Gessle.
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According to Eva Mork, a Swedish economist and member of the prize committee, the committee was unable to contact Angrist before the ceremony.
Card is a dual citizen of the United States and Canada, while Angrist is a dual citizen of Israel and the United States. Imbens is a dual citizen of the Netherlands and the United States.
David Card Age, Date of Birth, Birthday, Family, what about his father, mother, where is he from? Early life.
David Card was born in the city of Guelph, Ontario, in the year 1956. He is 65 years old as of 2021. David is an American- Canadian citizen. He seems to belong to the white ethnic community.
Talking about the parents of David Card. There is no detail on the parents of David at the moment. He must be the type to keep his parents’ privacy away from the media.
David is rumored to be a married man. However, no details are available about his wife at the moment. He might have a well-settled and peaceful family.
David Card career, What is his profession?
David Edward Card is a professor of economics at the University of California, Berkeley, and a Canadian-American labor economist.
Card began his career as an Assistant Professor of Business Economics at the University of Chicago Graduate School of Business from 1982 to 1983. Before relocating to Berkeley, he taught at Princeton University from 1983 until 1997.
Card was Associate Editor of the Journal of Labor Economics from 1988 to 1992, and co-editor of Econometrica from 1993 to 1997. He was co-editor of The American Economic Review from 2002 to 2005.
He won the John Bates Clark Medal in 1995, which is given to “that American economist under forty who is regarded to have made the most substantial contribution to economic theory and knowledge.” He delivered the American Economic Association’s Richard T. Ely Lecture in San Francisco in 2009. Card was voted the fifth best living economist under the age of 60 in a 2011 poll of economics academics. He was elected vice president of the American Economic Association for 2014, alongside N. Gregory Mankiw.
In 2021, Card was elected to the National Academy of Sciences of the United States. In 2021, Card was awarded the Nobel Prize in Economic Sciences.
David Card Net worth, how much does he earn?
The net worth of David Card is estimated to be between $1 million and $5 million. However, we do not yet know the actual sum of his fortune.
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He must have a substantial fortune after winning the noble prize. David began his career as an Assistant Professor of Business Economics at the University of Chicago Graduate School of Business.
David Card Wife, who is he married to, any children?
He is a married man. There is a wife for David Card. Her name, on the other hand, is unknown. Card and his wife would rather not be in the spotlight.
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Furthermore, Card primarily discusses his professional life, studies, and successes in the interviews.
Which school and college did he go to? What was his major?
Card received his Bachelor of Arts degree in 1978 from Queen’s University and his Ph.D. in economics from Princeton University in 1983 after completing a doctoral dissertation titled “Indexation in Long-Term Labor Contracts” under the direction of Orley Ashenfelter.
Is David Card available on any kind of social media platform?
The social media reach of David Card is not available.
David Card FAQ’s
David Edward Card is a Canadian-American labor economist and a professor of economics at the University of California, Berkeley. In 2021, he shared part of the Nobel Memorial Prize in Economic Sciences with Joshua Angrist and Guido Imbens for their “empirical contributions to labor economics.”
In the year 1956, David Card was born in the city of Guelph, Ontario. As of 2021, he is 65 years old. He is a dual citizen of the United States and Canada. He appears to be a member of the white ethnic group.
Three economists from the United States were awarded the Nobel Memorial Prize in Economic Sciences for their work in determining the cause and impact of real-world economic events. David Card was one of them.
He’s a happily married man. For David Card, there is a wife. Her identity, on the other hand, is a mystery. Card and his wife like to stay out of the spotlight. In addition, in the interviews, Card largely covers his professional life, academics, and accomplishments.
Card received his Bachelor of Arts degree in 1978 from Queen’s University and his Ph.D. in economics from Princeton University in 1983 after completing a doctoral dissertation titled “Indexation in Long-Term Labor Contracts” under the direction of Orley Ashenfelter.
David Card Body Appearance Height, Weight
| Height | N / A |
| Hair color | Blonde |
| Eye color | greenish |
| Weight | N / A |
| Body type | Fit |
| Sexual orientation | Straight |
Interesting facts about David Card which you should be known about
| Full Name | David Edwards Card |
| Age | 65 |
| Nationality | Canadian-American |
| Ethnicity | White |
| Relationship status | Married |
| Wife | N / A |
| Net Worth | $1million-$5million |
Social Media
NOT AVAILABLE
