Kremer, Michael Robert
Kremer, Michael Robert, 1964–, American economist, b. New York City, Ph.D. Harvard, 1992. After serving as a postdoctoral fellow (1992–93) at the Massachusetts Institute of Technology, he taught economics there (1993–99) then moved to Harvard, where he has been Gates Professor of Developing Societies since 2003. He has also been a research associate or research fellow at several institutions, including the Brookings Institution, the Harvard Kennedy School Center for International Development, and the National Bureau of Economic Research, and received (1997) a MacArthur fellowship. In 2019 he shared the Nobel Memorial Prize in Economic Sciences with Abhijit Banerjee and Esther Duflo for their work in development economics, which has employed field research to develop an innovative and experimental approach to alleviating global poverty. They employ controlled experiments at the local level to explore the root causes of poverty in developing countries, working with government agencies and nongovernmental organizations to develop innovative policies in fields such as education, healthcare, and microfinance. Kremer is the author of Strong Medicine: Creating Incentives for Pharmaceutical Research on Neglected Diseases (2004, with R. Glennester).
The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.
See more Encyclopedia articles on: Economics: Biographies