The H.C. Recktenwald Prize, with a value of 25.000 €, ranks among the highest awards honouring academic economists and is conferred on scholars with outstanding contributions and achievements in the field of economics.
The first award ceremony took place in 1995 and was endowed by Hertha Recktenwald, wife of Por.f Horst Claus Recktenwald, a german economist.
There are currently five Prize Winners, all world-famous economists, three of whom were later awarded the Nobel Memorial Prize in Economic Sciences.
Emmanuel Saez is Professor of Economics at University of California, Berkeley. He has made pathbreaking contributions to the analysis of public policy, in particular to taxation and redistribution.
His research includes empirical studies on behavioral effects of taxation as well as theoretical contributions to the optimal design of tax systems.