Arrow Prizes in Economics

The Arrow Prizes in Economics are named in honor of Kenneth J. Arrow, who shared the Nobel Prize in 1972 for his pioneering contributions to general equilibrium theory and welfare theory.

Arrow Prize for Junior and Senior Economists

Begun in 2003, the Arrow Prize for Junior and Senior Economists recognizes two papers published each year in bepress economics journals that make an outstanding contribution to economics. Each award carries an honorarium and an announcement to the Berkeley Electronic Press network of 65,000 economists.

The Arrow Prize for Junior Economists is awarded annually to one paper published by a faculty member or economist six or fewer years from his or her Ph.D. The Arrow Prize for Senior Economists is awarded annually to one paper published by a faculty member or an economist more than six years from his or her Ph.D. For a complete list of journals, see http://www.bepress.com/economics_journals.html.

Winners

2008

Arrow Prize for Junior Economists
Itai Agur (2008) The US Trade Deficit, the Decline of the WTO and the Rise of Regionalism, Global Economy Journal: Vol. 8: Iss. 3, Article 4.

Arrow Prize for Senior Economists
John A. List and Daniel L. Millimet (2008) The Market: Catalyst for Rationality and Filter of Irrationality, The B.E. Journal of Economic Analysis & Policy: Vol. 8: Iss. 1, Article 47.

2007

Arrow Prize for Junior Economists
Tom Hertz, Tamara Jayasundera, Patrizio Piraino, Sibel Selcuk, Nicole Smith and Alina Verashchagina (2007) The Inheritance of Educational Inequality: International Comparisons and Fifty-Year Trends, The B.E. Journal of Economic Analysis & Policy: Vol. 7: Iss. 2, Article 10.

Arrow Prize for Senior Economists
Matthew O. Jackson and Brian W. Rogers (2007) Relating Network Structure to Diffusion Properties through Stochastic Dominance, The B.E. Journal of Theoretical Economics: Vol. 7: Iss. 1, Article 6.

2006

Arrow Prize for Junior Economists
Amalia R. Miller (2006) The Impact of Midwifery-Promoting Public Policies on Medical Interventions and Health Outcomes, The B.E. Journal of Economic Analysis & Policy: Vol. 6: Iss. 1, Article 6.
>> Read the press release from the author's institution, the University of Virginia.

Arrow Prize for Senior Economists
Zacharias Psaradakis, Martin Sola and Fabio Spagnolo (2006) Instrumental-Variables Estimation in Markov Switching Models with Endogenous Explanatory Variables: An Application to the Term Structure of Interest Rates, Studies in Nonlinear Dynamics & Econometrics: Vol. 10: No. 2, Article 1.

2005

Arrow Prize for Junior Economists
Raven E. Saks and Stephen H. Shore (2005) Risk and Career Choice, The B.E. Journal of Economic Analysis & Policy: Vol. 5: No. 1 (Advances), Article 7.

Arrow Prize for Senior Economists
Paul Klein, Vincenzo Quadrini, and Jose-Victor Rios-Rull (2005) Optimal Time-Consistent Taxation with International Mobility Of Capital, The B.E. Journal of Macroeconomics: Vol. 5: No. 1 (Advances), Article 2.

2004

Arrow Prize for Junior Economists
Marco Battaglini (2004) Policy Advice with Imperfectly Informed Experts, The B.E. Journal of Theoretical Economics: Vol. 4: No. 1 (Advances), Article 1.

Arrow Prize for Senior Economists
Kenneth Burdett, Ryoichi Imai, and Randall Wright (2004) Unstable Relationships, The B.E. Journal of Macroeconomics: Vol. 1: No. 1 (Frontiers), Article 1.

2003

Arrow Prize for Junior Economists
Ricardo Reis (2003) Where Is the Natural Rate? Rational Policy Mistakes and Persistent Deviations of Inflation from Target, The B.E. Journal of Macroeconomics: Vol. 3: No. 1 (Advances), Article 1.

Arrow Prizes in Theoretical Economics, Macroeconomics, and Economic Analysis & Policy

In order to reward excellent scholarship in economics, the Berkeley Electronic Press awarded the following special Arrow Prizes to three papers published in The B.E. Journal of Theoretical Economics, The B.E. Journal of Macroeconomics, and The B.E. Journal of Economic Analysis & Policy, that were deemed of outstanding significance to the field. The awarded papers were published in Frontiers, the journals' most selective tier that accepts less than 1% of all submissions.

Winners

Arrow Prize in Theoretical Economics

Kaniska Dam and David Perez-Castrillo (2006) The Principal-Agent Matching Market, The B.E. Journal of Theoretical Economics: Vol. 2: No. 1 (Frontiers), Article 1.

Arrow Prize in Macroeconomics

Carlos Carvalho (2006) Heterogeneity in Price Stickiness and the Real Effects of Monetary Shocks, The B.E. Journal of Macroeconomics: Vol. 2 : Iss. 1 (Frontiers), Article 1.

Arrow Prize in Economic Analysis & Policy

Stinebrickner, Ralph and Stinebrickner, Todd R. (2008) The Causal Effect of Studying on Academic Performance, The B.E. Journal of Economic Analysis & Policy: Vol. 8 : Iss. 1 (Frontiers), Article 14.

To read more about The B.E. Journal of Theoretical Economics, or to submit your next paper, visit: www.bepress.com/bejte.
To read more about The B.E. Journal of Macroeconomics, or to submit your next paper, visit www.bepress.com/bejm.
To read more about The B.E. Journal of Economic Analysis & Policy, or to submit your next paper, visit: www.bepress.com/bejeap.