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John Bates Clark Medal

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The John Bates Clark Medal is an award given by the American Economic Association to an American economist under 40 for a significant contribution to economic thought and knowledge. It is considered one of the most prestigious awards in the field, second only to the Nobel Memorial Prize in Economic Sciences. The award was made biennially until 2007 but is now given annually due to the growth of the field. The award is not limited to US citizens, but rather requires that the winner work in the US at the time of the award.learn more on wikipedia