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Watch: Abhijit Banerjee, Esther Duflo opt for Indian attire at Nobel Prize ceremony

A video of Abhijit Banerjee, Esther Duflo receiving the Nobel Prize in Economics 2019

December 11, 2019 12:03 pm | Updated 01:49 pm IST

Indian-American economist Abhijit Banerjee and French-American economist Esther Duflo accepted their joint Economics Nobel Prize 2019 for their “experimental approach to alleviating global poverty” on Tuesday in Sweden, along with their American co-winner Michael Kremer.


The two economists, both affiliated with the Massachusetts Institute of Technology, accepted their medal and diploma from King Carl Gustaf of Sweden. Dr. Banerjee was dressed in a white dhoti with a gold border, draped in Bengali style, a cream colour kurta and a dapper bandhgala black jacket, while Dr. Duflo opted for a simple two-tone sari, complete with a red bindi.

Also read: Who is Abhijit Banerjee, one of the winners of 2019 Economics Nobel?

Dr. Kremer, who is with the Harvard University, too accepted his award. The three will equally share the prize money of 9 million Swedish krona (about $916,798, or ₹6.53 crore).

Dr. Banerjee and Dr. Duflo, who are married to each other, have had a long history of conducting research together, often collaborating with Dr. Kremer as well.

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