Claudia Allende, the Chilean who works with the new Nobel Prize in Economics

Just as he was negotiating the details for him to move from Princeton University to Palo Alto, California, to work at the Stanford Graduate School of Business, Covid-19 arrived. It was March of last year when the Chilean Claudia Allende was visiting the home of economist Guido W. Imbens and his wife Susan Athey in Palo Alto, to join her team as an assistant professor.

That same day they closed everything in the United States but, remembers Allende (33), dinner was made the same, and on the table there were many bottles of alcohol gel. Neither the teacher, who prepared the food on that occasion, nor his children still confused with the suspension of classes, knew very well what the virus was about.

This week, the economist from the Catholic University and PhD from Columbia University, Already installed in California as part of the Imbens team, she woke up around 3 in the morning to wait for the event of the year from the world’s economists. In Sweden, the Bank of that country announced that Imbens, an eminence of empirical research methodology in applied microeconomics, was the winner, along with David Card and Joshua D. Angrist, Nobel Prize in Economicsto.

As soon as it was made public, Allende sent a message to the professor congratulating him and, to his surprise, he told him to come to his house that day to celebrate.

Guido is very close to friends, to celebrate, he loves to go cycling with the team. On September 17, I remember that I was invited to eat at her house And since I couldn’t find Chilean wine, I brought them sweet chestnuts, but it was something quite familiar to him because he ate it in his native Holland. It was not as Chilean a dessert as I thought ”, he remembers with laughter to DF MAS.

Celebration at Stanford this Wednesday.

It is that being hired in the team where Imbens and his wife Susan Athey work – both senior economists – is not anything. After a year, a single new researcher manages to join the group. She, who took it as a post-doctorate at the University of Chicago last year, confesses that long before she had already been “amazed” with the methodologies used by Imbens for the analysis of microeconomic problems, but crossing the theoretical barrier and taking it to empirical experimentation.

In Chile, Allende was convinced in his last year of high school to be an economist, because liked to take an exact science like mathematics to social problems, and while studying at UC he focused on industrial organization. What motivated her, she says, was to understand how markets work from competition.

“This area used to be quite theoretical, but in recent years it has been taken to the empirical, with experiments in the real world. I also like to combine competence questions with applied microeconomics techniques to study social problems, and in this regard, Professor Imbens has been a great contribution to the methodology, ”says Allende, who before moving to the US in 2014 was an economist at the Court for the Defense of Free Competition in Chile.

The economist explains that her work is currently developing new methodologies and her own research on industrial organization, and that the dynamic with the Nobel Prize is not that she “works for him”, but that they are part of the same team.

“It is not that I am only going to write papers with him, but that what all of us who make up the department are looking for is to innovate in our methods and tools in the economic sciences. Guido Imbens is one of my mentors, a guide so that I hope I am as good as him“, bill.

And he adds that at 3 o’clock in the afternoon on Friday they had organized, as so many times before, a track bike outing to one of the most extreme routes in Silicon Valley. Imbens had promised to break his record, and also promised that on Friday there would be sparkling wines at his house to continue celebrating the Nobel.

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Claudia Allende, the Chilean who works with the new Nobel Prize in Economics