Benjamin Moll wins EIB Young Economist Prize for Work on Inequality and Economic Growth

Wednesday, Aug 12, 2015
by Rachel Estrada Ryan

Benjamin Moll, a faculty affiliate of The Julis-Rabinowitz Center for Public Policy and Finance, has won the 2015 European Investment Bank's Young Economist Prize. Moll received the award for economists under 40 in recognition of his academic excellence, published work, and public policy impact on the economics of inequality and economic growth.

The jury was presided by 2010 Nobel Prize winner Sir Christopher Pissarides (LSE), who said, "Ben Moll’s work on cross-country income differences, financial underdevelopment and misallocation of resources is modern and looks at multiple market interactions. It is already gaining influence that others expect to have (if ever) at a much later stage in their career. The profession should expect to see a lot more about the big questions of our times coming out of his research.”

Moll’s work is predominantly focused on macroeconomics and development economics. He is concerned with understanding the determinants of cross-country income differences, in particular arguing that financial underdevelopment is an important determinant of poverty, and examining the effects of various policies in the presence of such financial underdevelopment. His current work analyzes the causes and consequences of inequality within developed countries.

EIB President Werner Hoyer will present the prize to Moll on November 11, 2015 at the EIB in Luxembourg, and both laureates will deliver a lecture at the ceremony.

Ben Moll presented his paper, "The Dynamics of Inequality," at JRC’s fourth annual conference in February.  You can watch the video of his presentation, and download his paper and slides, on the JRC website.