MHE Wins the Fama Prize!

The second Fama Prize has been awarded to Joshua Angrist (Massachusetts Institute of Technology) and Jörn-Steffen (Steve) Pischke (London School of Economics) for their book Mostly Harmless Econometrics: An Empiricist’s Companion, published by Princeton University Press in 2009. Angrist and Pischke will share the $250,000 prize. Awarded every three years, Chicago Booth’s Eugene Fama Prize for Outstanding Contributions to Doctoral Education recognizes authors of exceptional PhD-level textbooks in economics and finance.

“The book draws on readers’ interests and empirical curiosity to motivate the analysis, training future generations of applied researchers who can push forward our understanding of economics and finance,” said Pietro Veronesi, Roman Family Professor of Finance, who is also deputy dean for faculty and chair of the selection committee. “The committee ultimately selected this book, as we believe it best represents the aspirations and the objectives of the Fama Prize.”