Daron Acemoglu, Simon Johnson, and James A. Robinson, all of them from USA, have won the 2024 Nobel Prize in Economics.
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In a momentous announcement, Claudia Goldin, a distinguished economist known for her groundbreaking work in labor economics and gender disparities, has been awarded the Nobel Prize in Economics for the year 2023. Her outstanding contributions to the field have not only reshaped our understanding of labor markets but have also inspired policy changes aimed at
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This year, the Nobel Prize for Economics has been awarded to three US-based economists for their research on banks and financial crisis. The award has been shared by Ben S Bernanke, Douglas W Diamond and Philip H Dybvig for significantly improving “our understanding of the role of banks in the economy, particularly during financial crises,”.
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This year the Nobel Prize in Economics has been awarded to three economists – David Card, Joshua Angrist and Guido Imbens. One half of the Sveriges Riksbank Prize in Economic Sciences is presented to Canadian-born David Card, 65 who currently works at University of California, Berkley. His natural experiments on the impact of fast-food segment
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American economists Paul R. Milgrom and Robert B. Wilson have been awarded the 2020 Nobel Prize in economics for their contributions to auction theory, the Royal Swedish Academy of Sciences announced today. Milgrom and Wilson, who are both professors at Stanford University in California, were recognized for theoretical discoveries that improved how auctions work. According
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This year’s prestigious ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’, better known as Nobel Prize in Economics was conferred to Abhijit Banerjee, Esther Duflo and Michael Kremer. This year The Royal Swedish Academy of Sciences awarded them “for their experimental approach to alleviating global poverty.” The three awardees will also receive
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Today, it marked the 50th anniversary of the Nobel Prize in economics. The prize was awarded today to a pair of American economists, William D. Nordhaus and Paul M. Romer, for their work highlighting the importance of government policy in fostering sustainable economic growth. The prize money of 9 million Swedish krona ($1 million) will
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US economist Richard Thaler was conferred 2017 Nobel prize for his work in “understanding the psychology of economics”. Till recently econominsts’ assumption of any economic theory was that humans are rational actors who maximise their utility. But over the past few decades, behavioural economists like Richard Thaler have progressively chipped away at this notion. They
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Oliver Hart Bengt Holmstrom Some information on the Nobel Prize in Economics. The Nobel Prize in Economics was first awarded in 1968 based on a donation from Sweden’s central bank, on its 300th anniversary. It is thus the youngest among the Nobel prize family
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