Abhijit Vinayak Banerjee is an Indian-born American economist and the Ford Foundation International Professor of Economics at MIT. He co-founded the Abdul Latif Jameel Poverty Action Lab (J-PAL), which focuses on using scientific research to address global poverty. In 2019, Banerjee, along with Esther Duflo and Michael Kremer, won the Nobel Memorial Prize in Economic Sciences for their experimental approach to poverty alleviation. Banerjee and Duflo, who are married, became the sixth married couple to win a Nobel Prize jointly.
Abhijit Vinayak Banerjee was born in February 1961.
Abhijit Banerjee graduated with a BSc (Honors) in Economics from Presidency College in 1981.
Abhijit Banerjee earned his MA in Economics from Jawaharlal Nehru University, New Delhi, in 1983.
Abhijit Banerjee and Arundhati Tuli Banerjee's son was born in 1991.
Abhijit Banerjee received the prestigious Sloan Research Fellowship, awarded to promising early-career researchers, in 1994.
Abhijit Banerjee became a joint supervisor for Esther Duflo's PhD in economics at MIT in 1999.
Abhijit Banerjee was elected as a Fellow of the American Academy of Arts and Sciences in 2004.
In 2009, Abhijit Banerjee was awarded the Infosys Prize in the social sciences (economics) category.
Abhijit Banerjee co-founded the Abdul Latif Jameel Poverty Action Lab and joined the academic advisory board of Plaksha University, a newly established science and technology university in India, in 2010.
Abhijit Banerjee and Esther Duflo were awarded the Gerald Loeb Award Honorable Mention for their book "Poor Economics" in 2012.
Ban Ki-moon, the UN Secretary-General, appointed Abhijit Banerjee to a panel of experts responsible for updating the Millennium Development Goals after 2015, which was their expiration date.
Abhijit Banerjee was awarded the Bernhard-Harms-Prize by the Kiel Institute for the World Economy in 2014.
Abhijit Banerjee married his co-researcher, Esther Duflo, in 2015.
The Millennium Development Goals, which Abhijit Banerjee was tasked with updating, reached their expiration date in 2015.
Abhijit Banerjee's son tragically passed away in an accident in 2016.
Abhijit Banerjee served on the Social Sciences jury for the Infosys Prize in 2018.
Abhijit Banerjee faced criticism from the Bharatiya Janata Party (BJP), the ruling party in India, for his political activism and economic theories following his Nobel Prize win in 2019. The BJP criticized his association with communist student groups and his consultation with Rahul Gandhi on the NYAY basic-income scheme.
Abhijit Banerjee received the Nobel Prize in Economics alongside Esther Duflo and Michael Kremer in 2019 "for their experimental approach to alleviating global poverty".
Abhijit Banerjee, along with Esther Duflo and Michael Kremer, was awarded the Nobel Memorial Prize in Economic Sciences "for their experimental approach to alleviating global poverty" in 2019. He also became co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL) at MIT in 2019.
Abhijit Banerjee was awarded the Doctor of Letters (Honoris Causa) by the University of Calcutta in January 2020.
Abhijit Banerjee and Esther Duflo received the Golden Plate Award from the American Academy of Achievement in September 2022.
Death occured in 2023
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