Raghuram Rajan in Clarivate Analytics’s possible economics noble prize winners list 2017 : Ex-RBI Governor Raghuram Rajan could end up winning the Economics Nobel Prize. Rajan’s name has appeared in the probables economics noble prize winners list brought out by Clarivate Analytics. The prize will be announced on Monday at Stockholm.
Raghuram Rajan among six contenders for Economics Noble Prize 2017
Clarivate Analytics, a company involved in academic and scientific research uses research citation data to make the predictions of Noble Prize winners list across scientific fields. There are six contenders according to Clarivate analytics – Colin F Camerer, George F. Loewenstien, Robert E. Hall, Michael C. Jensen, Stewart C. Myers and Raghuram Rajan.
Raghuram Rajan could be awarded the Economics Nobel Prize “for his contribution illuminating the dimension of decisions in corporate finance”.
Raghuram Rajan was one of the most outspoken governors of the Reserve Bank of India, who took over when India was one of the countries in fragile five. Recently, he launched his new book in India clearing the air on note ban. The former Reserve Bank of India governor Raghuram Rajan, in his book ‘I Do What I Do: On Reforms Rhetoric and Resolve’, has revealed that he was never in favour of demonetisation as the short-term economic costs would outweigh any longer-term benefits from it.
Clarivate has a decent history of successfully predicting Nobel winners, especially in the field of economics. The company has been predicting Nobel Prize winners since 2002 and has correctly forecast the Economics award eight times.
Off late, though, the analytics company has been on a hot streak of predicting the Economics Nobel winners. The firm has correctly predicted the prize’s winners for four years in a row.
This year, Clarivate has successfully predicted the Nobel Prize in Physics. The prize was awarded to Rainer Weiss, Kip S. Thorne and Barry Barish – Clarivate had previously named Weiss and Thorne ‘Citation Laureates’, the same classification the firm has given Rajan.
About Raghuram Rajan – The Economist
Raghuram Rajan is considered to be a world renowned economist. He is said to have foreseen the 2008 market crash caused by subprime mortgage crisis in the US that would trigger the global financial recession.
He has won the British magazine Central Banking’s Central Banker of the Year award for his handling of the rupee crisis in 2013 and bringing back foreign investors to the country.
Rajan has also served as the chief economist at the International Monetary Fund and as a visiting professor at the visiting professor at Stockholm School of Economics, the Kellogg School of Management and the MIT Sloan School of Management.
Born in 1963 in Bhopal, Rajan graduated from the Indian Institute of Technology, Delhi.