London School of Economics The Suntory and Toyota International Centres for Economics and Related Disciplines LSE
The Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)

News and Visitors:

Awards and Grants

See also the STICERD Grants pages for information about funding for LSE STAFF research and the STICERD Visitors' Programme for funding academics, normally from abroad, to visit the LSE.

First Atkinson MRes/PhD Scholarship awarded to Agnes Varga

In memory of our much-missed colleague, Tony Atkinson, the School has established a new PhD scholarship, funded jointly by STICERD and the Economics Department.

Agnes Varga is the first recipient of the Atkinson MRes/ PhD Scholarship and she joined LSE in 2018 after completing a BSc in Political Economy at King's College London. Her research is planned to centre around the relationship between inequality and economic efficiency, particularly focusing on the role of redistributive policies, ie, how lower inequality induced by such policies might differ from ex-ante equality in its implications for economic performance.

She intends to explore this through the framework of heterogenous agent models in the presence of incomplete markets. With a particular interest in the inextricable role of social and political elements in economic questions, as both evidenced and fostered by her background in political economy, she wishes to incorporate the crucial aspect of how inequality affects the degree of redistribution pursued politically, and how this alters the overall relationship examined in a political vacuum.

[Back to the Top]

Oriana Bandiera joint winner with Imran Rasul of the 2019 Yrjö Jahnsson Award in Economics

Congratulations to Oriana Bandiera, director of STICERD and Sir Anthony Atkinson Professor of Economics at LSE, and to Imran Rasul, Professor of Economics at UCL, who have been jointly awareded the 2019 Yrjo Jahnsson Prize in Economics.

Oriana Bandiera (pictured left) and Imran Rasul are applied microeconomists. Their work on the role of social relationships in economics, advanced through pioneering field experiments in the workplace and social networks, has provided salient contributions to economics, especially to the fields of personnel economics and development.

An important contribution of their work is that their experiments have become a role model for randomized control trials for incentive treatments and they have deeply influenced the applied microeconomics field. Their transformative work has inspired a generation of applied economists.

About the award

In 1993 the Finnish Yrjo Jahnsson Foundation established a biennial award, called the Yrjo Jahnsson Award in Economics, for a European economist no older than 45 years old who has made a contribution in theoretical and applied research that is significant to economics in Europe. The European Economic Association (EEA) cooperates with the Yrjo Jahnsson Foundation in the selection of the award winners. In 2019, the EEA and the Yrjo Jahnsson Foundation decided to extend the the age limit in certain circumstances, such as for maternity leave (12 months per child), long-term illness, or national mandatory military service.

The EEA and the Yrjo Jahnsson Foundation approved the Selection Committee's decision. 2019 Yrjo Jahnsson Award Selection Committee - Orazio Attanasio, Armin Falk, Eliana La Ferrara, Kjetil Storesletten and Hannu Vartiainen.

Oriana and Imran will be presented with their Award during the annual EEA Congress to be held in Manchester, United Kingdom (August 2019)

For further information please visit the European Economic Association website.

[Back to the Top]

ESRC New Investigator award granted to
Xavier Jaravel

Dr Xavier Jaravel, Assistant Professor of Economics and Associate of the Public Economics Programme at STICERD, has been awarded an ESRC New Investigator award to undertake research on the distributional effects of prices.

The project has three objectives: (1) to advance our understanding of the impact of price changes over time and across countries on inequality and standards of living; (2) to advance our understanding of the price effects of specific policies (namely: redistribution policies; trade policies; and monetary policy); (3) to enable researchers, policymakers and the general public to access new data on prices so that they are able to conduct their own analyses on prices, policies, inequality, and standards of living.

[Back to the Top]

2016 Philip Leverhulme Prize awarded to
Dr. Camille Landais

Dr Camille Landais is one of two LSE recipients of this year's Philip Leverhulme Prize. The Prize is awarded each year to exceptionally strong researchers who have already won international recognition for their work, and whose careers show remarkable promise.

The Philip Leverhulme Prize is awarded by the Leverhulme Trust in memory of Philip Leverhulme, the Third Viscount Leverhulme and grandson of the Trust's founder, businessman and philanthropist William Hesketh Leverhulme.

[Back to the Top]

PhD affiliate Florian Blum awarded funding by MIT

Florian Blum, PhD student at the Department of Economics and STICERD, was awarded funding from the Massachusetts Institute of Technology (MIT) to investigate the effect of central price-cap regulation on the quantity and price of service provision within the public services.

The project will also estimate the optimal price-cap that maximises consumer welfare.

[Back to the Top]

Professor Sir Tony Atkinson wins prestigious Dan David Prize for work on poverty

The international Dan David Prize, headquartered at Tel Aviv University, was announced on 11 February and Professor Atkinson is one of three to receive a prize in the "Present" category. He shared the prize with Francois Bourguignon and James J. Heckman, all scholars of poverty and economic policy.

The organisers paid tribute to Professor Atkinson, saying that he "is a world leading scholar on poverty and equality, concerned with issues of social justice and the design of public policy. His work has focused on rich countries and he has been deeply involved in policy discussion in both Britain and Europe."

On hearing that he had been chosen as a recipient of the 'combatting poverty' dimension of the annual award, Professor Atkinson said:

"Poverty is one of our most urgent social issues, and is the cause of many of the challenges that the we all face today. World leaders have set ambitious targets to combat poverty, but these need to be matched by action. To be recognized for my work in proposing solutions to this problem - at home and globally - is a great honour."

Under the terms of the prize, laureates donate 10 percent of their prize money toward 20 doctoral and postdoctoral scholarships in their fields.

The prize, named after international businessman and philanthropist Dan David, will be awarded on May 22nd. 

Professor Atkinson's book "Inequality: What Can Be Done?" is published by Harvard University Press.

[Back to the Top]

Panos Mavrokonstantis receives prize for paper on Inequality

The Luxembourg Institute of Socio-economic Research (formerly CEPS/INSTEAD) has awarded Panos Mavrokonstantis the third prize for "best paper on inequality" for his work "Modern Family: Female Breadwinners and the Intergenerational Transmission of Gender Norms". The prize was awarded to young researchers presenting at 6th meeting of the Society for the Study of Economic Inequality (ECINEQ) that took place at the University of Luxembourg on July 13-15. 

His paper examins the intergenerational transmission of gender norms in England such as the traditional view that it is the role of the mother to look after young children and the role of the father to be the breadwinner. The study revealed that "while boys raised in modern families (i.e. where the mother is the breadwinner) are less likely to develop traditional norms, girls raised in modern families are actually more likely to do so; in opposition to their family's but in line with society's norm". Using a model of gender identity formation, he shows that the findings can be explained by heterogeneity in preferences for conforming to family norms.

[Back to the Top]

British Institute of Energy Economics Award
Professor Lord Nicholas Stern awarded the BIEE 10 Year Prize for Outstanding Contribution to British Energy Economics

The British Institute of Energy Economics has awarded a prize for outstanding contribution to British Energy Economics over the last ten years, marking both its thirtieth anniversary and its tenth academic conference, both happening in 2014.

A Prize Committee of energy economists, chaired by Professor Yelena Kalyuzhnova, received nominations in May. The committee was unanimous in recommending that Professor Lord Stern of Brentford should receive the prize. His 2006 Review of the Economics of Climate Change has been the most influential single piece of energy economics published over the last decade, and had important implications for government policy and company strategies. The report is also firmly grounded in the academic literature and has provoked further research into the questions it addresses. Since the publication of his report, Lord Stern has been a very active advocate of the necessity to take action on climate change.

Receiving the award Lord Stern, who is Chair of the Grantham Research Institute on Climate Change and the Environment at LSE, said “It’s a tremendous honour to be given this award by the British Institute of Energy Economics. The Institute has played a leading role in public discussion of issues around energy and the economics of energy for a very long time. Indeed I think it has defined in many ways what a serious discussion on those issues should be”.

For further information and for a video of the acceptance speech of Professor Lord Nicholas Stern please visit the British Institute of Energy Economics website.

[Back to the Top]

Austin Robinson Prize awarded to STICERD academic
Johannes Spinnewijn

At this year's Royal Economic Society Annual Conference, held in Manchester 7-9 April 2014, Johannes Spinnewijn won the 2013 prize for his paper Insurance and Perceptions- How to Screen Optimists and Pessimists. Launched in 2007, this annual prize is awarded for the best non-solicited paper published in The Economic Journal by an author who has completed their PhD in the last five years. The winner is selected by the Editors of the EJ. His presentation is now available to view on YouTube.

Oriana Bandiera was the Programme Chair for the 2014 conference, and the main sessions are available at

[Back to the Top]

Banco de Portugal - Lisbon Meeting Best Paper Award for
Oliver Vanden Eynde

Oliver Vanden Eynde, PhD student at EOPP has won the "Banco de Portugal - Lisbon Meeting Best Paper Award" for his paper titled "Targets of violence: Evidence from India's Naxalite Conflict".

This work was presented at the "Lisbon Meeting on Institutions and Political Economy". This is Oliver's second award, after winning the "Economic History Society New Researchers' Prize" for his paper "Military Service and Human Capital Accumulation: Evidence from Colonial Punjab" presented at the "2011 Economic History Society Annual Conference".

You can find more about Oliver's research on his personal website.

[Back to the Top]

Award to EOPP Associate
Johannes Spinnewijn wins CESifo Affiliate Award

Johannes Spinnewijn has won the Distinguished CESifo Affiliate Award during this year's CESifo Annual Area Conferences. Each year, the award is presented to a young economist for the " scientific originality, policy relevance and quality of exposition of their paper presented at the conference." in his or her specialist research area.

Johannes Spinnewijn's winning paper for the Employment and Social Protection Research Area was entitled Unemployed but Optimistic: Optimal Insurance Design with Biased Beliefs

Further information about the award can be found on the CESifo website.

[Back to the Top]

Award to STICERD Director
John von Neumann Award 2010 given to Prof. Tim Besley

The 2010 John von Neumann Award has been given to Prof. Tim Besley for his research on political institutions by the Rajk László College for Advanced Studies at Corvinus University of Budapest. The award was established in 1995 and is presented annually to leading scholars whose influential works have had a substantial impact on the studies and intellectual activity of the students at the College.

Previous award holders include John Harsanyi (UC Berkeley), Hal Varian (University of Michigan), Janos Kornai (Harvard University and Budapest College), Jean Tirole (University of Toulouse), Oliver Williamson (UC Berkeley) Jon Elster (Columbia University), Avinash K. Dixit (Princeton University), Maurice Obstfeld (UC Berkeley), Gary S. Becker (University of Chicago), Glenn C. Loury (Brown University), Matthew Rabin (UC Berkeley), Daron Acemoglu (MIT), Kevin Murphy (University of Chicago) and Philippe Aghion (Harvard University).

Further information on Prof. Besley's research can be found on Tim Besley's website. For more information on the John von Neumann Award see the Rajk László College for Advanced Studies website.

[Back to the Top]

LSE Teaching Excellence Award
Justin Kueh

Congratulations to Justin Kueh who received the LSE Teaching Excellence Award in June this year for Microeconomic Principles II (EC202)! Justin won another top prize, with nomination as the best class teacher students had ever encountered, partly for his gifts of explanation and intuition in this mathematically rigorous course partly for his evident dedication and contagious enthusiasm for the material. ("He extends the class material by relating it to current research" and "he makes me work hard for the subject because he is very motivating").

For more information, click here.

[Back to the Top]

Best Paper Award
Nathan Foley-Fisher

Nathan Foley-Fisher was awarded the "Best Paper in International Finance" award at the RIEF IX Doctoral Meeting in Aix-en-Provence, France for his paper on "The HIPC Initiative and Terms of Trade Shocks".

For more details click here.

[Back to the Top]

Research Grant Awarded:
Henrik Kleven

Henrik Kleven has been awarded an ESRC Grant for November 2008 - November 2010 for the research project entitled “An Experimental Evaluation of Tax Evasion and Tax Enforcement in Denmark

[Back to the Top]

Research Grant Awarded:
Gerard Padro

Gerard Padro has been awarded an ESRC First Grant in June 2008 with effect from October 2008 for the research project Strategic Risk, Civil War and Intervention: A Dynamic Global Games Approach.

[Back to the Top]

Research Grant Awarded:
Oriana Bandiera

Oriana Bandiera has been awarded the British Academy Research Development Award for September 2008‐June 2010

[Back to the Top]

IZA Award
Oriana Bandiera has been awarded the IZA Young Labour Economist Award 2007

Dr Oriana Bandiera has been awarded the IZA Young Labor Economist Award (2007) during an IZA reception held at the Annual Meetings of the Allied Social Science Associations (ASSA) in New Orleans. The award honors Dr Bandiera along with her co-authors, Iwan Barankay (University of Warwick) and Imran Rasul (University College London), for their joint paper "Social Preferences and the Response to Incentives: Evidence from Personnel Data" (Quarterly Journal of Economics, 2005).

The IZA Young Labor Economist Award is presented to young researchers who have written and published an outstanding paper in labor economics. Nominations for the award are sent by IZA Research Fellows, these are then screened by the IZA Program Directors, who each propose three papers. On the basis of these proposals, the prize-winner(s) are selected.

More information on the award can be found at

[Back to the Top]

PSA Award
Sir Nicholas Stern awarded the Political Publication of the Year Award

Sir Nicholas Stern has been awarded the Political Publication of the Year award by the Political Studies Association’s (PSA) for the Stern Review on the Economics of Climate Change, commissioned by Gordon Brown, UK prime minister, and published in October 2006.This is the first time that the judges have awarded the Political Publication of the Year to a report.

For more details click here.

[Back to the Top]

EOPP: Research Grant Awarded
Oriana Bandiera

Economic and Social Research Council Research Grant.

Grant awarded from 2007 to 2008

[Back to the Top]

EOPP: Research Grant Awarded
Oriana Bandiera, Timothy Besley, Robin Burgess and Maitreesh Ghatak (with Paul Collier and Stefan Dercon)

Department for International Development: "Institutions, Growth and Poverty"

Grant awarded from 2007 to 2011

[Back to the Top]

EOPP: Research Grant Awarded
Robin Burgess

Economic and Social Research Council: "Infrastructure and Development: Evidence from India and East Africa"

Grant awarded from 2007 to 2010

[Back to the Top]

EOPP: Research Grant Awarded
Robin Burgess and Dave Donaldson

STICERD, LSE Faculty Research Grant: "Railways, Famines and Banks: Evidence from Indian Districts, 1871-2001"

Grant awarded from 2006 to 2008

[Back to the Top]

STICERD Director Awarded Economics Prize
Professor Timothy Besley awarded the Yrjö Jahnsson Prize in economics

Timothy Besley, Professor of Economics and Political Science and Director of STICERD at LSE, has been awarded the Yrjö Jahnsson Prize in economics.

The award, established by the Finnish Yrjö Jahnsson Foundation, is granted every second year to a young economist who is a European national or whose primary affiliation is to a European institution, and who has made a contribution in theoretical or applied research significant to economics in Europe.

This selection committee consists of five members, four nominated by the European Economic Association and one by the Yrjö Jahnsson Foundation.

The committee said: 'Professor Besley has produced landmark papers in three research areas: development economics, public economics and political economy. His research spans across topics such as the provision of public goods, poverty alleviation programs, credit cooperatives and financial intermediation in developing countries, land and labour market reform, political economy of regulation.'

'The hallmark of his research is a combination of originality of insights, modelling rigor, careful canvassing of the evidence, and high policy relevance. His outstanding contributions have established him as a leading scholar in public economics and political economy.'

Professor Besley is the third LSE economist to receive the award since it was started in 1993. It was awarded jointly to Professor John Hardman-Moore and Professor Nobu Kiyotaki from LSE's Economics Department in 1999.

A list of past winners is available from the European Economics Association website.

For more details on the award visit the Yrjö Jahnsson Foundation website.

[Back to the Top]