Abhijit Banerjee is an Indian-American development economist who shared the 2019 ‘Nobel Memorial Prize in Economic Sciences with Esther Duflo, his wife, and Michael Kremer, a fellow economist from Harvard University, “for their experimental approach to alleviating global poverty”. Banerjee and Duflo, both professors at the Massachusetts Institute of Technology, became the sixth married couple to jointly win a Nobel Prize.
Abhijit Banerjee Early Life
Abhijit Binayak Banerjee was born on February 21, 1961 in Calcutta, now Kolkata, the capital of the state of West Bengal, India, to Nirmala and Dipak Banerjee. His mother was a professor of economics at the Centre for Studies in Social Sciences, Calcutta, while his father was a professor and the head of the Department of Economics at Presidency College, Calcutta.
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Abhijit Benerjee Professional Life
Abhijit Banerjee began his professional career as an Assistant Professor of Economics at Princeton University in 1988 and stayed in that position until 1992. He served as a Visiting Assistant Professor of Economics at Harvard University in 1991 and joined the university as an Assistant Professor in 1992. In 1993, he became the Pentti J.K.
Kouri Career Development Associate Professor of Economics in Massachusetts Institute of Technology’s Department of Economics and also became a fellow of the Econometric Society. became a Professor of Economics at MIT in 1996.In 2006, he became a research associate of the National Bureau of Economic Research and a research fellow at the Centre for Economic Policy Research in 2011, he co-authored the book ‘Poor Economics’, his fourth book, with his then partner and colleague Esther Duflo.
The book was translated into over 17 languages and won the 2011 ‘Financial Times and Goldman Sachs Business Book of the Year Award’.
Abhijit Banerjee Personal Life
Abhijit Banerjee’s first marriage was to Dr. Arundhati Tuli Banerjee, a lecturer of literature at MIT, with whom he shares a son. However, they are now divorced. Since 2015, he married to Esther Duflo, who is his co-researcher and a Professor of Poverty Alleviation and Development Economics at MIT.
Full Name | Abhijit Binayak Banarjee |
Date of Birth | February 21, 1961 |
Father | Dipak Banerjee |
Mother | Nirmala Banerjee |
Children | 1 son with Duflo(Kabir Banerjee) |
Siblings | N/A |
Spouse |
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Abhijit Benerjee Education and Qualification
He received his school education at South Point High School, in Calcutta. After his schooling, he took admission at Presidency College, then an affiliated college of the University of Calcutta, and now an autonomous university, where he completed his BSc(H) degree in economics in 1981. Later, he completed his M.A. in economics at the Jawaharlal Nehru University (JNU), Delhi in 1983.
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Abhijit Banerjee Net Worth and Salary
Being an economist and researcher and writer as well Abhijit Benerjee has worked in numerous fields. He has served in many of the top-class universities of the world. He taught at Princeton University and Harvard University. Throughout his life, his different works have brought him a net worth of around $5 million.
Net Worth | $1-$5 million |
Nationality | American-Indian |
Profession | Professor |
Awards | Nobel Memorial Prize, Mahalanobis Memorial Medel, etc. |
Marital Status | Married. |
Zodiac sign | Pisces |
Sexual Orientation | Straight |
Salary | N/A |
Awards
Abhijit Banerjee’s career has been distinguished by extensive research and contributions to the field of development economics. Together with Esther Duflo, he co-wrote the books “Good Economics for Hard Times” and “Poor Economics,” among other articles. He was named the Goldman Sachs Business Book of the Year for his book “Poor Economics.”
Abhijit Banerjee is not only a writer but also a director and editor of two documentaries and three books. He is a member of J-PAL’s Executive Committee and the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology (MIT) at the moment.
Facts-
- He is one of the experts for updating the Millennium Development Goals after 2015.
- He is a co-founder of the Abdul Latif Jameel Poverty Action Lab, which is a research affiliate of Innovations for poverty action.