3 US-based economists receive economics Nobel Prize

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STOCKHOLM (AP) — Three U.S-based economists won the 2021 Nobel prize for economics on Monday for pioneering research on the labor market impacts of minimum wage, immigration and education, and
Card's work also challenged another commonly held idea, that immigrants depress wages for native-born workers. He found that incomes of the native-born can benefit from new immigration, while it is earlier immigrants who are at risk of being negatively affected.

Angrist and Imbens won their half of the award for working out the methodological issues that…
Fernando Vergara, Jacquelyn Martin, Claudio Bresciani
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