'Raghuram Rajan among probables for Nobel Prize for economics'


New Delhi, Oct 7 (PTI): Former RBI Governor Raghuram Rajan features in the list of probables for this year's Nobel Prize in Economics, The Wall Street Journal has reported.

He is one of the six economists on the list of probable winners complied by Clarivate Analytics, a company that does academic and scientific research and maintains a list of dozens of possible Nobel Prize winners based on research citations.

The entry to the list does not guarantee that Rajan is a front-runner but he is a probable who stands a chance to win.

Rajan, whose three year term as Reserve Bank Governor ended on September 4, 2016, is considered a candidate for his "contributions illuminating the dimensions of decisions in corporate finance", Clarivate said.

The Nobel Prize in Economics will be announced on Monday.

According to Clarivate Analytics, the list of possible Nobel Prize winners based on research citations include Colin Camerer of the California Institute of Technology and George Loewenstein of Carnegie Mellon University (for pioneering research in behavioural economics and in neuroeconomics); Robert Hall of Stanford University (for his analysis of worker productivity and studies of recessions and unemployment); and Michael Jensen of Harvard, Stewart Myers of MIT and Raghuram Rajan of the University of Chicago (for their contributions illuminating the dimensions of decisions in corporate finance).

Rajan, who at 40 was the first non-western and the youngest to become the chief economist at the International Monetary Fund, shot to big fame three years after he predicted a financial crisis at an annual gathering of economists and bankers in the US in 2005.

He was appointed RBI Governor by the previous UPA government in 2013 and although he wanted a second term he was not offered an extension, which most of his predecessors got, by the current NDA regime.

He is currently the Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business, University of Chicago.

  

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Comment on this article

  • kas, Mangalore

    Sun, Oct 08 2017

    We are lucky to have two world famous personalities amongst us
    Rajan who is among the probables for Nobel Prize
    Another one is Feku, who has Google certificate to his credit.... also he was made to wait for 12 years at the doors for American visa...

    DisAgree [1] Agree [17] Reply Report Abuse

  • sri_elder, Karkala

    Sun, Oct 08 2017

    Americans federal bank badly need his service...

    DisAgree [14] Agree [6] Reply Report Abuse

  • R. S. Fernandes, Mangalore

    Sun, Oct 08 2017

    IF MR. RAGHURAM GET NOBLE PRIZE OR NOT, CHOSEN FOR THAT IS GREAT !

    DisAgree [1] Agree [29] Reply Report Abuse

  • Kevin, Mangalore

    Sun, Oct 08 2017

    Rajan was shunted aside in India for his lack of expertise in Modinomics. The BJP government plans to remedy the lack of experts in Modinomics by training students in Modinomics at Deen Dayal Upadhyaya colleges.

    DisAgree [3] Agree [21] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Oct 08 2017

    If Former RBI Governor Raghuram Rajan gets Nobel Prize it would be a slap on the face to ...

    DisAgree [2] Agree [35] Reply Report Abuse

  • leslie, udupi

    Sun, Oct 08 2017

    Speak the truth and you are out of present government...
    Few went out of the box... Rajan was almost the first...
    Where are we heading without any enlightening....???
    Lead kindly light is no where present...
    There is no acceptance of blatant failure... No humility...
    Only rhetoric... And false pride...
    Indian voters will be termed most morally corrupt if Feku is re-elected in 2019...

    DisAgree [1] Agree [16] Reply Report Abuse

  • juliana, udupi

    Sat, Oct 07 2017

    Great honour for India to have an economist listed for Nobel prize. It is not known when it could have stability in economic matters and when our farmers and youth satisfied with proper satisfying crop and price and comfortable jobs respectively.

    DisAgree [1] Agree [10] Reply Report Abuse

  • Swamy, Mangalore

    Sat, Oct 07 2017

    BJP may use IT, CBI, ED, NIA and surgical strike etc to raid Raghuram Rajan and take back the award saying we sent Raghuram Rajan back to USA to receive the award for us.

    DisAgree [1] Agree [12] Reply Report Abuse

  • sharan, Mangalore

    Sat, Oct 07 2017

    Wonder how the corrupt..looting Cong which destroyed India managed to recognize his talent & made him RBI Governor & the great Nationalist party With " loot us" symbol denied a second term for this James Bond of economics.

    DisAgree [8] Agree [5] Reply Report Abuse

  • CLARA HELEN, MANGALORE, OMAN

    Sat, Oct 07 2017

    Our salute to Raghuraman Sir. We cudn't keep you as our governor because you are too good to the post. We pray that you get the award and work for World Class Economics again!

    DisAgree [1] Agree [15] Reply Report Abuse

  • pnto, mglr

    Sat, Oct 07 2017

    if he was still the RBI governor India wouldnt reach this low GDP. dimonetization would nver take place coz this brain would have prevented this loot for a better cause. u deserve it Sirji. hope its comes to you

    DisAgree [3] Agree [45] Reply Report Abuse

  • Peter, Bangalore

    Sat, Oct 07 2017

    Burnol for Subramanya Swamy.

    DisAgree [2] Agree [50] Reply Report Abuse

  • MAHENDRA SHETTY, MUMBAI

    Sat, Oct 07 2017

    THIS IS CHEATING, JAITLEY IS THE RIGHT PERSON FOR NOBLE PRICE.

    IT SHOULD TAKEN BANK

    DisAgree [39] Agree [8] Reply Report Abuse

  • Swamy, Mangalore

    Sat, Oct 07 2017

    Did Jailey not get "NOBLE PRICE" as Diwali gift from PM Modi????,!!!

    DisAgree [1] Agree [19] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Sat, Oct 07 2017

    Congrats and salute to you Raghuram Rajan. Failed finance minister Arun jaitley deserves one.

    DisAgree [2] Agree [53] Reply Report Abuse

  • AMAR NATHAL, MANGALORE

    Sat, Oct 07 2017

    True, Rajan is currently the Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business, University of Chicago, but Indian politics is so full of criminal elements, even the worst we can imagine probably can get a chance to come to power. India special. If a person of Indian origin goes to the Space we make a big fuss. When a world class economist is denied a second term to be the Governor of RBI we condone.

    DisAgree [2] Agree [41] Reply Report Abuse

  • Swamy, Mangalore

    Sat, Oct 07 2017

    Now BJP has accumulated lot of awards to give away for Nagpur educated economist specialists.

    DisAgree [4] Agree [47] Reply Report Abuse

  • HENRY MISQUITH, Bahrain

    Sat, Oct 07 2017

    They should also announce a Nobel prize for Demonitisation Mastermind too.

    DisAgree [2] Agree [50] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sat, Oct 07 2017

    Show me anyone greater than 'Raghuram Rajan ...

    DisAgree [8] Agree [55] Reply Report Abuse

  • Langoolacharya., Belman /Wash DC.

    Sat, Oct 07 2017

    You Jossey Sir...

    ...JH...

    DisAgree [7] Agree [2] Reply Report Abuse

  • geoffrey, hat hill

    Sat, Oct 07 2017

    By chest measurement?

    DisAgree [1] Agree [7] Reply Report Abuse

  • Abdul Aleem Faroqui, UAE

    Sun, Oct 08 2017

    You dont know?? Amit Shah... the great "Technical Problem".... 😀

    DisAgree [2] Agree [14] Reply Report Abuse


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