2020 Royal Economic Society Prize


The RES is pleased to announce that the 2020 Royal Economic Society Prize has been awarded to Ting Chen, James Kai-sing Kung and Chicheng Ma for their article ‘Long Live Keju! The Persistent Effects of China’s Civil Examination System’.

The Royal Economic Society prize is awarded by a committee consisting of the RES President, a representative of The Economic Journal Editorial Board and one member of Council.

The paper was published in the October 2020 issue of The Economic Journal. You can read the article here

The prize was awarded for the paper for a number of reasons. These were for:

  • Making an important contribution to the understanding of why education, rather than material wealth, is considered important as a transfer to the next generation in some cultures, but not in others.
  • Providing a fascinating explanation for regional differences in educational attainment.
  • Serving as a great example of how newly collected data can speak to big picture issues in economics in a simple, yet powerful way.