India, Oct. 12 -- Renowned development economists and Nobel laureates Esther Duflo and Abhijit Banerjee will join the University of Zurich's (UZH) Faculty of Business, Economics, and Informatics in July 2026.

The couple, who currently teach at the Massachusetts Institute of Technology (MIT), shared the 2019 Nobel Prize in Economic Sciences with Michael Kremer for their "experimental approach to alleviating global poverty."

Their move marks a major shift in the academic landscape, as they plan to establish a new development economics centre at UZH upon arrival.

Move from MIT amid research funding concerns

Although no official reason was given for their departure, reports suggest the decision comes amid concerns over shrinking research ...