Erwin Plein Nemmers Prize in Economics
ABOUT THE PRIZE
In 1994, bequests to Northwestern University from the late Erwin Esser Nemmers, a former member of the Northwestern University faculty, and his brother, the late Frederic E. Nemmers, led to the establishment of four endowed professorships in the Kellogg School of Management, and biennial prizes in economics, mathematics, music composition, medical science and earth sciences. The Nemmers family ran a church music publishing house in Milwaukee, Wisconsin. The prize in economics is named in honor of the Nemmers' father.
The Nemmers hoped that their prizes would carry with them the prestige of Nobel prizes. They are designed to recognize work of lasting significance particularly "major contributions to new knowledge or the development of significant new modes of analysis." The Nemmers prize is awarded every two years.
2024 Winner & Events
The 2024 Erwin Plein Nemmers Prize in Economics winner is Michael Woodford.
Michael Woodford, the John Bates Clark Professor of Political Economy at Columbia University, is recognized for his achievements in “advancing the New Keynesian approach to understanding economic fluctuations in general equilibrium, bridging the theory and the practice of monetary policy, and incorporating bounded rationality in macroeconomics.”
Conference
Coming in the 2025-26 academic yearShort Course
Information on any future short course will be posted here.More on Michael Woodford
Read the formal announcement and his biographical information.
Visit Professor Woodford's website.
Previous Nemmers Prize Winners
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Nobel Laureate 2023 |
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Nobel Laureate 2014 |
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Nobel Laureate 2024 |
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Nobel Laureate 2020 |
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Lars Peter Hansen Nobel Laureate 2013 |
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Nobel Laureate 2004 |
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Daniel McFadden Nobel Laureate 2000 |
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Nobel Laureate 2005 |
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Nobel Laureate 2010 |
Ariel Pakes
Claudia Goldin
David Kreps
Sir Richard Blundell
Jean Tirole
Daron Acemoglu
Elhanan Helpman
Paul Milgrom
Ariel Rubinstein
Edward C. Prescott
Robert Aumann
Thomas Sargent
Peter Diamond