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Jan Nimczik awarded German Prize for Economics

Jan Nimczik, ESMT Berlin
Jan Nimczik, assistant professor of economics at ESMT Berlin, is one of the winners of the Joachim Herz Foundation’s German Prize for Economics 2020.

For his research on labor markets, he has received the second award in the category “Top papers from up-and-coming scientists,” endowed with 15,000 euros.

Nimczik is particularly interested in the effects of shocks, such as company closures, on the labor market. He investigates in which companies laid-off employees find new jobs and uses the observed transitions to define the boundaries of labor markets. In contrast to existing literature, these markets are not limited to certain regions or industries. In this way, Nimczik helps capture the consequences of shocks more precisely and provide information for developing appropriate policy measures.

The German Prize for Economics of the Joachim Herz Foundation has been awarded for the third time in 2020. This year’s main prize for the best research by an established academic is endowed with 150,000 euros and has been awarded to Bernd Fitzenberger, director of the Institute for Employment Research in Nuremberg. In addition, three outstanding research papers by young scientists have been awarded a total of 50,000 euros.


About ESMT Berlin

ESMT Berlin is a leading global business school with its campus in the heart of Berlin. Founded by 25 global companies, ESMT offers master, MBA, and PhD programs, as well as executive education on its campus in Berlin, in locations around the world, online, and in online blended format. Focusing on leadership, innovation, and analytics, its diverse faculty publishes outstanding research in top academic journals. Additionally, the international business school provides an interdisciplinary platform for discourse between politics, business, and academia. ESMT is a non-profit private institution of higher education with the right to grant PhDs and is accredited by AACSB, AMBA, EQUIS, and ZEvA. It is committed to diversity, equity, and inclusion across all its activities and communities.