CAGE researchers awarded two out of five 2022 Philip Leverhulme Prizes in Economics

Two CAGE researchers have been awarded 2022 Philip Leverhulme Prizes

The Philip Leverhulme Prize scheme recognises and celebrates the achievement of exceptional researchers whose work has already attracted international recognition and whose future careers are exceptionally promising.

Each prize is worth £100,000. The funds may be used for any purpose that advances the prize winner’s research.

This year five prizes were awarded to researchers working in the discipline of economics. The Leverhulme scheme considers researchers working in economics once every three years.

One of the prize winners was CAGE Associate Professor Stefano Caria who studies how labour markets can trap people into poverty, with a focus on low-income countries and on experimental policy-evaluation methods.  

The Leverhulme grant will enable him to embark on a new research agenda which explores how labour market decisions can decrease or foster adaptation to climate change, and evaluates interventions designed to help the poor navigate labour markets under a warming climate. 

Professor Caria said:

“I am honoured and excited to receive the Philip Leverhulme Prize. This will enable me to develop a new set of field experiments exploring how to support poor individuals in climate-vulnerable countries such as Bangladesh to make labour market decisions that increase their resilience to climate change."

CAGE Theme Leader Professor Thiemo Fetzer is also one of this year’s winnersLink opens in a new windowLink opens in a new window.

Head of the Department of Economics Professor Ben Lockwood said:

“The Department is absolutely delighted by the decision of the Trust to award Philip Leverhulme Prizes to Thiemo and Stefano.

“These awards highlight the international impact that Stefano and Thiemo are already having with their work; and will enable them to continue to achieve at the very highest levels of the discipline.”

The scheme was created to commemorate the contribution to the work of the Trust made by Philip, Third Viscount Leverhulme and grandson of William Lever, the founder of the Trust.

Since its foundation in 1925, the Leverhulme Trust has provided grants and scholarships for research and education, funding research projects, fellowships, studentships, bursaries and prizes; it operates across all the academic disciplines, the intention being to support talented individuals as they realise their personal vision in research and professional training. Today, it is one of the largest all-subject providers of research funding in the UK, distributing approximately £100 million a year.

For more information about the Trust, please visit www.leverhulme.ac.ukLink opens in a new windowLink opens in a new window and follow the Trust on Twitter @LeverhulmeTrust