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The
John Bates Clark Medal is awarded biannually by the American
Economic Association to "that American economist under the age of forty
who is adjudged to have made a significant contribution to economic
thought and knowledge". Named after the American Neoclassical economist
John Bates Clark (1847-1938), it is considered one of the two most
prestigious awards in the field of economics, along with the Nobel
Prize. Around 50% of past Medal winners have gone on to win the more
frequently-awarded Nobel, following an average wait of over 20 years.
- 1947 Paul A. Samuelson (1970)
- 1949 Kenneth E. Boulding
- 1951 Milton Friedman (1976)
- 1953 No award
- 1955 James Tobin (1981)
- 1957 Kenneth J. Arrow (1972)
- 1959 Lawrence R. Klein (1980)
- 1961 Robert M. Solow (1987)
- 1963 Hendrik S. Houthakker
- 1965 Zvi Griliches
- 1967 Gary S. Becker (1992)
- 1969 Marc Leon Nerlove
- 1972 Dale W. Jorgenson
- 1973 Franklin M. Fisher
- 1975 Daniel McFadden (2000)
- 1977 Martin S. Feldstein
- 1979 Joseph E. Stiglitz (2001)
- 1981 A. Michael Spence (2001)
- 1983 James J. Heckman (2000)
- 1985 Jerry A. Hausman
- 1987 Sanford J. Grossman
- 1989 David M. Kreps
- 1991 Paul R. Krugman
- 1993 Lawrence H. Summers
- 1995 David Card
- 1997 Kevin M. Murphy
- 1999 Andrei Shleifer
- 2001 Matthew Rabin
- 2003 Steven Levitt
- 2005 Daron Acemoglu
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