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The Guardian - UK
The Guardian - UK
World
Larry Elliott

Nobel economics prize jointly awarded to labour market expert David Card

The Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel is announced as photographs of the winners, David Card, Joshua Angrist and Guido Imbens, are presented on a screen
The Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel is announced as photographs of the winners, David Card, Joshua Angrist and Guido Imbens, are presented on a screen. Photograph: TT News Agency/Reuters

A labour market expert whose work influenced the introduction of the UK’s minimum wage has been named as a joint winner of the Nobel economics prize.

David Card, a Canadian-born economist, was one of three US-based academics given the prestigious award for their work on whether economic theory is supported by real-life situations.

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