
The 2002-2003 committee was chaired by Jeff Smith and consisted of Gerard van den Berg and previous winners Lorne Carmichael and W. Bentley MacLeod. The winner of the 2002-03 Prize is Eric D. Gould, for his article “Rising Wage Inequality, Comparative Advantage, and the Growing Importance of General Skills in the United States,” which appeared in the January 2002 issue of the Journal. The Prize Committee selected Gould’s paper from among a strong field because it provides new insight on an important topic — rising wage inequality in the United States — that is already the subject of a vast literature. Gould’s paper also stood out for its combination of an economically insightful theoretical framework with careful empirical analysis.