Karlan Receives Director’s Award

For Immediate Release

Contact: Marilyn Wilkes (203) 432-3413


Karlan Receives Director’s Award

May 1, 2008. New Haven, CT ��The Whitney and Betty MacMillan Center for International and Area Studies at Yale has given its Director’s Award to Dean Karlan, Assistant Professor of Economics.

The MacMillan Center Director’s Award was established in 2005. The Awards are for nontenured Yale faculty who receive certain distinguished individual grants, prizes or fellowships for international research. In addition to recognizing these junior faculty members’ accomplishments, the Director’s Awards are intended to enable them to enhance their future research. Recipients are appointed Research Fellows at the MacMillan Center and receive research funds of $5,000 per year for two years.

Professor Karlan was awarded the Alfred P. Sloan Research Fellow. Karlan primarily conducts field experiments to understand the theoretical underpinnings of financial markets for the poor in developing countries. His experiments test questions from both theory and practice, such as why markets fail, what is the impact of providing access to credit, and how to best design savings and insurance products. His work often employs ideas from behavioral economics to rethink design issues in development policy, and he also reaches into other areas such as charitable fund-raising, voting behavior and commitment contracts.

“I’m very grateful for the support from the MacMillan Center. As my career has progressed, partly in thanks to these awards, I have built a network of projects and relationships around the world. I look forward to using these funds to cover travel costs for graduate students to go overseas and get involved in projects and explore some of their own ideas, just as I was able to do when I was a graduate student.”

Junior faculty members who have received one of the following awards are eligible: Carnegie Scholar; Alfred P. Sloan Fellowship; Wenner-Gren Individual Research Grant; National Science Foundation Young Investigator Award;Alexander von Humboldt Research Fellowship; Bradley Foundation Fellowship;Smith Richardson Junior Faculty Fellowship;Russell Sage Foundation Fellowship; Institute for Advanced Study Fellowship; Center for Advanced Study in the Behavioral Sciences Fellowship;John Simon Guggenheim Memorial Fellowship; and National Humanities Center Fellowship.

Contact Information:

Marilyn Wilkes

The Whitney and Betty MacMillan Center for International and Area Studies at Yale

(203) 432-3413