The Canadian Economics Association awards the Robert Mundell Prize to the "young" author or authors of the paper judged to be the best paper published in the Canadian Journal of Economics in the previous two calendar year. To be eligible all (co)authors must have obtained their PhDs no more than seven years prior to the date of paper acceptance. The prize, worth $2,000, was first awarded in 2004 for articles published in the years 2002 and 2003. The Prize is awarded at the annual meetings of the Canadian Economics Association and is selected by a committee of three appointed under the authority of the Board of Directors of the Association. The three members of the committee normally serve for three years each in overlapping terms.
The prize is named after Robert Mundell whose most influential work was published in the Canadian Journal of Economics and Political Science between 1957 and 1963 when he was a "young" economist. In 1999, Robert Mundell received the Sveriges Riksbank (Bank of Sweden) Prize in Economic Sciences in Memory of Alfred Nobel. The press release of this prize from the Royal Swedish Academy of Sciences follows:
"Robert Mundell has established the foundation for the theory which dominates practical policy considerations of monetary and fiscal policy in open economies. His work on monetary dynamics and optimum currency areas has inspired generations of researchers. Although dating back several decades, Mundell's contributions remain outstanding and constitute the core of teaching in international macroeconomics.
"Mundell's research has had such a far-reaching and lasting impact because it combines formal—but still accessible—analysis, intuitive interpretation and results with immediate policy applications. Above all, Mundell chose his problems with uncommon—almost prophetic—accuracy in terms of predicting the future development of international monetary arrangements and capital markets. Mundell's contributions serve as a superb reminder of the significance of basic research. At a given point in time academic achievements might appear rather esoteric; not long afterwards, however, they may take on great practical importance." (Press Release: The Sveriges Riksbank (Bank of Sweden) Prize in Economic Sciences in Memory of Alfred Nobel for 1999—The Royal Swedish Academy of Sciences)
2018: Walter Steingress: "The causal impact of migration on US trade: Evidence from political refugees" - vol. 51(4), pages 1312-1338, November 2018.
2017: Andriana Bellou: "Male wage inequality and marital dissolution: Is there a link?" - vol. 50(1), pages 40-71, February 2017.
2016: Moritz Ritter: "Trade and inequality in a directed search model with firm and worker heterogeneity" - vol. 48(5), pages 1902-1916, December 2015.
2015: Alex W. Chernoff: "Between a cap and a higher price: Modelling the price of dairy quotas under price ceiling legislation" - vol. 48(4), pages 1403-1429, November 2015.
2014: David Amdur and Eylem Ersal Kiziler: "Trend shocks and the countercyclical U.S. current account" - vol. 47(2), pages 494-516, May 2014.
2013: Mirabelle Muûls and Dimitra Petropoulou: "A swing state theory of trade protection in the Electoral College" - vol. 46(2), pages 705-724, May 2013.
2012: Kelly Foley: "Can neighbourhoods change the decisions of youth on the margins of university participation?" - vol. 45(1), pages 167-188, February 2012.
2011: Joel Stiebale and Michaela Trax: "The effects of cross-border M&As on the acquirers' domestic performance: firm-level evidence" - vol. 44(3), pages 957-990, August 2011.
2010: Alberto Salvo: "Trade Flows in a Spatial Oligopoly: Gravity Fits Well, but What Does It Explain?" - vol. 43(1), pages 63-96, February 2010.
2009: Giordano Mion and Paolo Naticchioni: "The Spatial Sorting and Matching of Skills and Firms" - vol. 42(1), pages 28-55, February 2009.
2008: David Albouy: "The Wage Gap between Francophones and Anglophones: A Canadian Perspective, 1970-2000" - vol. 41(4), pages 1211-1238, November 2008.
2007: Stéphane Mechoulan: "Market structure and communicable diseases" - vol. 40(2), pages 468-492, May 2007.
2006: Philip Oreopoulos: "The Compelling Effects of Compulsory Schooling: Evidence from Canada" - vol. 39(1), pages 22-52, February 2006.
2005: Jen Baggs: "Firm survival and exit in response to trade liberalization" - vol. 38(4), pages 1364-1383, November 2005.
2004: Susan Chun Zhu: "Trade, product cycles, and inequality within and between countries" - vol. 37(4), pages 1042-1060, November 2004.
2003: Karen Ruckman: "Expense ratios of North American Mutual Funds" - vol. 36(1), pages 192-223, February 2003.