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		Featured Research: The Elite Illusion A new study co-authored by Joshua Angrist and Parag Pathak suggests that students who qualify for some of the nation's most selective public high schools do no better academically than similar kids who miss the entrance test cut-off. The paper, "The Elite Illusion: Achievement Effects at Boston and New York Exam Schools," is also co-authored by Atila Abdulkadiroglu of Duke University.

		Featured Research: Wisdom of Crowds In countries that lack financial records, how can we tell who is truly poor? An innovative study co-authored by Abhijit Banerjee and Benjamin Olken suggests: Ask the neighbors. Besides Banerjee and Olken, the authors of the paper, "Targeting the Poor: Evidence from a Field Experiment in Indonesia," are Vivi Alatas, Rema Hanna, and Julia Tobias.

		Esther Duflo Wins Kershaw Award The Association for Public Policy Analysis and Management (APPAM) has selected Esther Duflo as the winner of the 2011 David N. Kershaw Award. The Kershaw Award and Prize recognizes individuals under the age of 40 who have made distinguished contributions to the field of public policy analysis.

		Mario Draghi, PhD(77), appointed to President of European Central Bank European Union leaders have formally appointed Italy's Mario Draghi to be the next president of the European Central Bank, draft conclusions from the EU summit showed on Friday.

		Fiona Scott Morton named Deputy Assistant Attorney General at the US Department of Justice Dr. Fiona Scott Morton (Ph.D. '94 Economics) has been named the new Deputy Assistant Attorney General with the Antitrust Division of the US Department of Justice. Dr. Scott Morton is a professor of economics at the Yale School of Management and has been a senior consultant to Charles River Associates for several years.

		Pathak wins the National Science Foundation's (NSF) Faculty Early Career Development Award (CAREER) Parag Pathak, the Economics Career Development Assistant Professor of Economics, has been awarded the NSF's CAREER Award. This award is the NSF's most prestigious award in support of junior faculty who exemplify the role of teacher-scholars through outstanding research, excellent education and the integration of education and research within the context of the mission of their organizations.

		Duflo selected as one of TIME Magazine's 100 Most Influential People 2011 Esther Duflo, the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT, has been selected as one of TIME magazine's Top 100 Influential People in the world for 2011. Please click here for full story.

		MIT alumnus wins John Bates Clark Medal Jonathan Levin PhD ’99 was named winner of the John Bates Clark Medal on Friday, awarded annually by the American Economics Association to the best economist under the age of 40.

		Three MIT Students Selected for 2011 Review of Economic Studies Tour Graduating MIT Ph.D. students Daniel Keniston, Mar Reguant, and Alex Wolitzky have been honored as participants in the 2011 Review of Economic Studies "tour"

		Economics Professors featured in MIT150 Infinite History Project Over the past few years, the MIT150 Infinite History project team has collected the first-person recollections of more than one hundred people who have shaped — or been shaped by — MIT. Interviews with the late Professor Paul Samuelson, along with Professors Peter Diamond, James Poterba and Robert Solow.

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