John Rae Prize

The John Rae Prize is awarded every second year to the Canadian economist with the best research record during the last five years. The Prize is intended to recognize research excellence in the recent past and is not a life-time award. The award has been named after John Rae, born in Scotland in 1796, who did most of his work in Canada and was a genuine precursor of endogenous growth theory.  The award comes with a cash prize of $5,000. 

2020 Award Winner: Yoram Halevy

Congratulations to Yoram Halevy of the University of Toronto, the 2020 John Rae Prize winner, for his work investigating deviations from standard rationality. 




The Prize is awarded to the Canadian economist with the best research record during the last five years. The Committee may decide what constitutes "best research record" and may also interpret "five years" with a modest amount of flexibility. Nominees must have a current, primary appointment in Canada and have done so in three of the last five years. Nominees must be members of the Association at the time of nomination.


A three person Committee makes the decision. The Committee is appointed by the President of the CEA in consultation with other members of the CEA Executive. There is no explicit exclusion of the CEA Executive from the Committee but in practice they have not been members of the Committee.  

Nominations (now closed) 

Nominations are open to all members but in practice the majority of nominations come from the Chairs of Economics Departments. Chairs are asked to send a nomination letter and the CV of the nominee. Additional materials will not be submitted to the selection committee.  



Past Winners

2018  Siwan Anderson (University of British Columbia)

2016  Fabian Lange (McGill University)

2014  Arthur Robson (Simon Fraser University) and Francesco Trebbi (University of British Columbia)

2012  Yves Sprumont (Université de Montréal)

2010  Michael Devereux (University of British Columbia)

2008  Paul Beaudry (University of British Columbia)

2006  Hao Li (University of Toronto)

2004  Walter Bossert (Université de Montréal)

2002  Mike Peters (University of Toronto)

2000  Dan Trefler (University of Toronto) and Shouyong Shi (Queen's University)

1998  Thomas Lemieux (Université de Montréal)

1996  Martin Browning (McMaster University)

1994  Larry Epstein (University of Toronto) and Jean-Marie Dufour (Universitè de Montréal)