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Guido Imbens

Guido Imbens is a Nobel laureate economist known for his foundational contributions to econometrics and statistics, specifically in the analysis of causal relationships within observational studies.

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Past Works

Amazon Science

A conversation with economics Nobelists including Amazon Scholar David Card and Amazon academic research consultant Guido Imbens on the past and future of empirical economics.

BRAND PARTNERSHIPS

CausaLens

Guido Imbens discusses how the future of data science belongs to causal methods, addressing industry bottlenecks created by the data science revolution.

BRAND PARTNERSHIPS

International Monetary Fund (IMF)

Featured in 'Finance & Development' in an article titled 'Guido Imbens: A Causal Pioneer,' highlighting his shared Nobel Prize with Angrist and Card.

BRAND PARTNERSHIPS
1983

Candidate's degree in Econometrics, Erasmus University Rotterdam

MILESTONE
1986

M.Sc. with distinction in Economics and Econometrics, University of Hull

MILESTONE
1989

A.M. in Economics, Brown University

MILESTONE
1991

Ph.D. in Economics, Brown University

MILESTONE
1994

Introduction of Local Average Treatment Effect (LATE) framework with Joshua Angrist

MILESTONE
2001

Study on the impact of unearned income on labor supply with Donald Rubin and Bruce Sacerdote

MILESTONE
2019

Appointed Editor of Econometrica

MILESTONE
2021

Nobel Memorial Prize in Economic Sciences

MILESTONE
2001

Fellow, Econometric Society

MILESTONE
2009

Fellow, American Academy of Arts and Sciences

MILESTONE
2017

Foreign Member, Royal Netherlands Academy of Arts and Sciences

MILESTONE
2020

Fellow, American Statistical Association

MILESTONE
2022

Fellow of the National Academy of Sciences

MILESTONE

About

Guido Wilhelmus Imbens was born on September 3, 1963, in Geldrop, the Netherlands. His early interest in complex systems, stemming from a childhood passion for chess, led him to econometrics. He pursued his education at Erasmus University Rotterdam, where he earned a Candidate’s degree in Econometrics in 1983. He then obtained an M.Sc. with distinction in Economics and Econometrics from the University of Hull in 1986. Following his mentor, Anthony Lancaster, Imbens moved to Brown University, securing an A.M. in 1989 and a Ph.D. in economics in 1991 with his thesis “Two essays in econometrics.”

Imbens’ career involved teaching roles at Tilburg University (1989–1990), Harvard University (1990–97, 2007–12), the University of California, Los Angeles (1997–2001), and the University of California, Berkeley (2001–07). Since 2012, he has been a Professor of Applied Econometrics in Economics at the Stanford Graduate School of Business. He is also a senior fellow at the Stanford Institute for Economic Policy Research (SIEPR) and a professor of economics at Stanford’s School of Humanities and Sciences. Imbens’ work primarily focuses on developing methods for drawing causal inferences from observational data, utilizing techniques such as matching, instrumental variables, and regression discontinuity designs.

A significant milestone in his career came in 1994 when, with Joshua Angrist, he introduced the Local Average Treatment Effect (LATE) framework, a mathematical methodology for inferring causation from natural experiments. This work, along with contributions from David Card, catalyzed a “credibility revolution” in empirical microeconomics. In 2001, Imbens collaborated with Donald Rubin and Bruce Sacerdote to study the impact of unearned income on labor supply, using Massachusetts state lottery winners as a natural experiment. In 2021, Imbens, alongside Joshua Angrist and David Card, was awarded half of the Nobel Memorial Prize in Economic Sciences for their methodological contributions to the analysis of causal relationships.

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