Awards and Fellowships
- The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, 2009
- Distinguished Fellow, American Economic Association, 2007.
- Horst Claus Recktenwald Prize in Economics, 2004.
- Fellow, American Academy of Political and Social Science, 1997.
- Member, National Academy of Sciences, 1994.
- Fellow, American Academy of Arts and Sciences, 1983.
- Fellow, Econometric Society, 1977.
- Alexander Henderson Award, 1962.
- Doctoris Honoris Causa in Economics, Université Paris-Dauphine, 2012.
- Doctoris Honoris Causa in Economics, Nice University, 2005.
- Doctoris Honoris Causa in Economics, University of Valencia, 2004.
- Doctoris Honoris Causa in Economics, University of Chile, 2000.
- Honorary Doctorate in Economics and Business Administration, Copenhagen Business School, 2000.
- Doctoris Honoris Causa, Groupe HEC (Paris), 1997.
- Doctoris Honoris Causa in Business Administration, St. Petersburg University, 1997.
- Doctoris Honoris Causa in Economics, Turku School of Economics and BusinessAdministration, 1995.
- Doctoris Honoris Causa in Economic Science, Groningen University, 1989.
- Doctoris Honoris Causa in Economic Science, University of St. Gallen, 1987
- Oeconomiae Doctorem Honoris Causa, Ph.D., Norwegian School of Economics and Business Administration, Jubilee Celebration, 1986.
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