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		Bengt Holmstrom awarded Senior Banque de France-TSE Prize Bengt Holmstrom has been awarded the 2011 Senior Banque de France-TSE Prize in Monetary Economics and Finance for his analysis of liquidity under asymmetric information.

		Robert Townsend wins the Jean-Jacques Laffont Prize Robert Townsend, an expert in the ways financial systems and practices can contribute to the growth of developing economies, has been named winner of the Jean-Jacques Laffont Prize in economics for 2011.

		Lucas Papademos (PhD '78) named Prime Minister of Greece Lucas Papademos has been selected as the new prime minister of Greece. He earned a degree in physics, a masters in electrical engineering, and a doctorate in economics at Massachusetts Institute of Technology.

		Banerjee and Duflo win FT Business Book of the Year Abhijit V. Banerjee and Esther Duflo won the Financial Times and Goldman Sachs Business Book of the Year Award 2011 for Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.

		Heidi Williams wins Garfield Economic Impact Award Heidi Williams received the 2011 Garfield Economic Impact Award for her paper,"Estimating Marginal Returns to Medical Care: Evidence from At-Risk Newborns." The Garfield Economic Impact Award annually recognizes outstanding research that illustrates how medical or health research impacts the economy.

		Mihai Manea is awarded the Aliprantis Prize Mihai Manea has received the Aliprantis Award for his paper, "Bargaining in Dynamic Markets with Multiple Populations."

		Featured Research: The Value of Medicaid Enrolling in Medicaid significantly improves the overall health and financial stability of low-income Americans, according to a new study co-authored by Amy Finkelstein and Jonathan Gruber who've used a unique program in Oregon to shine a light on the effects of public health insurance. Their paper, "The Oregon Health Insurance Experiment: Evidence from the First Year," is also co-authored by Katherine Baicker, Heidi Allen, Mira Bernstein, Joseph P. Newhouse, Sarah Taubman, and Bill Wright.

		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.

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