The 2004 Bernacer Prize was awarded to the German economist Stephanie Schmitt-Grohe (Duke University) "for her important research devoted to developing and applying the tools for evaluation of macroeconomic (fiscal and monetary) stabilization policies in the context of economies subject to nominal and real distortions".
The 2005 Bernacer Prize was awarded to the German economist Monika Piazzesi (Stanford University) "for her important research in developing a unified approach that improves our understanding of the connection between asset prices- including bonds, equities and real estate- and the institutional features of monetary policy and the business cycles".
The 2009 Bernacer Prize was awarded to the French economist Emmanuel Farhi (Harvard University) "for his relevant contributions to the design of optimal taxation in business cycle models with incomplete markets, and for improving our understanding of the macroeconomic mechanisms that underlie the relationships among global imbalances, financial crashes, speculative growth episodes and real activity".
The 2012 Bernacer Prize was awarded to the British economist Nicholas Bloom (Stanford University) "for his influential research contributions on the sources, dynamics and effects of policy and economic uncertainty on business cycles as well as on the determinants of good management practices".
The 2013 Bernacer Prize was awarded to the French economist Thomas Philippon (NYU Stern School of Business) "for his influential research on efficiency trends in the finance industry, the costs of financial distress and intervention policies in markets subject to adverse selection".
The 2014 Bernacer Prize was awarded to the Italian economist Veronica Guerrieri (University of Chicago Booth School of Business) "for her influential research contributions regarding the application of search theory to explain the emergence of illiquidity and fire sales in different asset markets".
The 2015 Bernacer Prize was awarded to the Belgian economist Stijn Van Nieuwerburgh (NYU Stern School of Business) "for his influential research on the transmission of shocks in the housing market on the macro-economy and the prices of financial assets".
The 2016 Bernacer Prize was awarded to the Portuguese economist Ricardo Reis (London School of Economics) for his "influential research on the transmission of shocks in the presence of sticky information and the analysis of automatic stabilizers during the business cycle".
The 2019 Bernacer Prize was awarded to the Greek economist Loukas Karabarbounis (University of Minnesota) “for his influential research on the interaction between labor and capital market imperfections and macroeconomic outcomes."
The 2020 Bernacer Prize was awarded to the Dutch economist Ralph Koijen (University of Chicago Booth School of Business) “for his influential research on the pricing of risk in equity and insurance markets”.
The 2021 Bernacer Prize was awarded to the Italian economist Matteo Maggiori (Stanford Graduate School of Business) “for his influential research on international finance and macroeconomics, including asset pricing and exchange rate dynamics”.