The 2025 John Bates Clark Medal of the AEA has been awarded to Stefanie Stantcheva, Nathaniel Ropes Professor of Political Economy at Harvard University and alumni of the Master’s program Analysis and Policy in Economics, Class of 2009, at the Paris School of Economics.
This prestigious distinction—granted to American economists or economists practicing in the United States under the age of forty for their significant contributions to economic science—recognizes Stefanie Stantcheva for her pioneering research in public economics, in particular:
- The use of rigorous empirical analyses (patent data, quasi-natural experiments) to quantify the effects of tax policy on innovation;
- Theoretical contributions to the analysis of optimal tax policy in dynamic settings;
- The design and implementation of innovative surveys and experiments measuring individuals’ knowledge, preferences, and reasoning regarding public policies.
Through her masterful application of innovative tools, both theoretical and empirical, Stantcheva has revisited classic questions in public finance and produced new insights into optimal tax policy and the general effects of taxes on economic behavior. She has also advanced our understanding about how people form views on key policy issues. She is a worthy recipient of the Clark Medal.