Related
Nobel laureate says euro zone ‘on edge of meltdown’ 07/12/2011 18:29 CET
Candidates for the Nobel Peace Prize 07/10/2011 00:53 CET
Women dominate 2011 Nobel Peace Prize 07/10/2011 20:04 CET
Swedish poet wins Nobel literature prize 06/10/2011 14:23 CET
Sweden’s most famous living poet wins Nobel prize 06/10/2011 17:33 CET
The winners of this year’s Nobel Prize for Economics have been announced in Stockholm with the award going to US economists Thomas Sargent and Christopher Sims.
Sargent is a professor of economics at New York University; Sims teaches at Princeton University in New Jersey.
The pair will share prize money of just over one million euros.
The Nobel jury praised this year’s laureates for “answering questions on the causal relationship between economic policy and different macro-economic variables such as GDP, inflation, employment and investments”.
More about: Awards, Economy, Nobel Prize, SwedenCopyright © 2012 euronews
JavaScript is required in order to view this article’s accompanying video
Top Stories
Mali: Rebel groups agree to creation of Islamic state
Two Rebel groups have agreed to merge and create an independent Islamic state in Northern Mali. After seizing Azawad – an area larger than France – two months ago, the groups had initially disagreed, with the secular Movement for the Liberation of Azawad (MNLA)…
International condemnation after Syria massacre
The United Nations has condemned the massacre of 92 civilians including 32 children in…
Iran to build second nuclear plant
It has been revealed that Iran is set to begin construction of a second nuclear power station…
