For immediate release

Berkeley Electronic Press Announces Winners of Major Awards for Economists: Kenneth J. Arrow Junior and Senior Prizes

Berkeley, CA, June 8th, 2010 -- Berkeley Electronic Press (bepress) is pleased to announce that the winners of this year's Kenneth J. Arrow Awards for Junior and Senior economists.

The most prestigious prize awarded by bepress, the Kenneth J. Arrow Prizes are named for renowned economist and Nobel laureate Kenneth J. Arrow, and are awarded annually for the papers by a junior and a senior economist that represents the very best of bepress economics publishing.

This year's winners, both published in The B.E. Journal of Macroeconomics (BEJM) are:

Arrow Prize for Junior Economists
"Total Factor Productivity and Labor Reallocation: The Case of the Korean 1997 Crisis" by David Benjamin and Felipe Meza

Arrow Prize for Senior Economists
"Inferential Expectations" by Gordon Douglas Menzies and Daniel John Zizzo

"More than ever, voting between the nominees for this year's award has been extremely close, a sign of the continuing prestige of the work published in our journals," said bepress Chair and Founder Aaron Edlin.

To learn more about the Award, as well as this year’s Junior and Senior winners, please visit www.bepress.com/arrow.html.

About bepress

Founded by professors in 1999, bepress exists to serve academia. We deliver scholarly communications and publishing services for academic institutions, empowering their communities to showcase and share their works for maximum impact. Through our services bepress seeks to link communities of scholars, listen to their needs, and provide solutions to support emerging academic missions and goals.

Bepress is the provider of Digital Commons, the leading hosted institutional repository software platform. Digital Commons is a suite of tools and services that enables institutions to manage, display, and publish scholarship to the web in a beautiful, highly visible showcase. Digital Commons offers the features of a traditional IR as well as professional-grade publishing software, management tools, and individual faculty and researcher pages to promote and disseminate scholarship and serve academia.

With Digital Commons, universities can collect, preserve, and make visible all of their intellectual output, including pre-prints, working papers, journal articles, dissertations, master's theses, conference proceedings, presentations, creative works, and a wide variety of other content types.