Announcing Editorial Changes for Multiple Society Journals

Dear members:

We have a number of editorial changes to announce. As previously announced, starting July 1, 2026, Mikkel Plagborg-Møller (Princeton University) will join Quantitative Economics as a Co-Editor, replacing Jim Hamilton, and Peter Arcidiacono (Duke University) will replace Serena Ng as the Editor for empirical and econometrics monographs. We thank Jim and Serena for their valuable and much-appreciated service to the Society and welcome Mikkel and Peter.

We also would like to announce upcoming changes that will take place next year, July 1, 2027.

Announcing the Winners of the 2026 Econometrica Prizes

I am pleased to announce the winners of the 2026 Econometrica prizes.

The 2026 Arrow Prize for the best theory paper published in Econometrica in the preceding four years is awarded to Weijie Zhong for his paper "Optimal Dynamic Information Acquisition," published in Econometrica in July 2022. For more information, please click here.

The 2026 Frisch Medal for the best applied (empirical or theoretical) paper published in Econometrica in the preceding four years is awarded to Adrien Bilal, Niklas Engbom, Simon Mongey, and Gianluca Violante for their paper "Firm and Worker Dynamics in a Frictional Labor Market" also published in the July 2022 issue of Econometrica. For more information, please click here. I note that this year marks the 25th awarding of the Frisch Medal.

The 2026 Haavelmo Prize for the best econometrics paper published in Econometrica in the preceding four years is awarded to Ulrich Müller and Mark W. Watson for their paper "Spatial Unit Roots and Spurious Regression" published in the September 2024 issue of Econometrica. For more information, please click here.

In Remembrance of Christopher Sims by Lars Hansen

As you may know, former Econometric Society President Christoper Sims passed away on March 14, 2026. A remembrance has been prepared by past President Lars Hansen. You can find the remembrance here and can also find it and remembrances for other past Presidents on the Econometric Society web site here.

Nobu Kiyotaki
President

Announcing the Winner of the Econometric Society's 2026 Sonnenschein Service Prize

I am pleased to announce the winner of the Econometric Society's 2026 Sonnenschein Service Prize. The third Sonnenschein Service Prize for service to the Econometric Society and the profession at large is awarded to Aloisio Araujo. For a brief statement of Aloisio Araujo's important service contributions, click here.

In Memoriam: Kate Ho

We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.

Congratulations to the Society's Newly Elected RSC Members

The Econometric Society is pleased to announce the winners of the Regional Standing Committee Elections. Elections took place in four of the Society's six regions. Terms will begin Jan. 1, 2026.

The Society Shifts From Calendar-Based to Rolling Memberships

As a legacy of the days when an Econometric Society membership meant a purchase of a year's worth of Econometrica, our memberships have been long been based on the calendar year, with any membership expiring at the end of the calendar year of its purchase.

We are pleased to announce that at its August meeting, the Executive Committee of the Society approved changing this to rolling memberships.

Effective immediately, any membership purchased will expire 12 months later (or 36 months for a three-year membership) rather than at the end of the calendar year of purchase.

Whitney Newey Elected At-Large Member to the Society's Executive Committee

We are pleased to announce that Whitney Newey has been elected by the Econometric Society Council as At-Large member to the Society's Executive Committee. He will begin serving his 4-year term on January 1, 2025.

We thank Joe Altonji for his invaluable contributions to the Executive Committee over the past four years.

The Econometric Society Congratulates Fellows Joel Mokyr, Philippe Aghion and Peter Howitt, Winners of the 2025 Nobel Prize in Economics

The Econometric Society congratulates Joel Mokyr, Philippe Aghion, and Peter Howitt for receiving the The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025.

Quoting the Royal Swedish Academy of Sciences, they received the prize “"for having explained innovation-driven economic growth" with one half to Joel Mokyr "for having identified the prerequisites for sustained growth through technological progress" and the other half jointly to Philippe Aghion and Peter Howitt "for the theory of sustained growth through creative destruction".

Joel Mokyr (Northwestern University and Tel Aviv University) was elected a Fellow of the Econometric Society in 2011; Philippe Aghion (College de France, INSEAD, and London School of Economics) was elected Fellow in 1993; and Peter Howitt (Brown University), was elected Fellow in 1994.

The Society Congratulates its 2026 Officers and Council Members

We are pleased to announce the election of the Society's 2026 Officers and Council members.

The Econometric Society Congratulates its 2025 Fellows

The Society is pleased to announce the election of 25 new Fellows of the Econometric Society. The 2025 Fellows of the Econometric Society follow.

New Carbon Offset Initiative

New Econometric Society Carbon Offset Purchase Option

The Econometric Society now gives members the option to purchase a carbon offset for their travel to Society meetings as part of the registration process. The Society offers two choices for the offset: Climate Vault, a U.S.-based non-profit created by Professor Michael Greenstone (University of Chicago), and Homaio, an EU-based company that enters into long-term investments in carbon.

An Econometric Society committee appointed by then-President Eliana La Ferrara and consisting of Johannes Stroebel (NYU), Paul Joskow (MIT), and Christian Gollier (chair) (TSE), strongly recommended these two intermediaries for the offset purchases.