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Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

  • Barry Turner
Part of the The Statesman’s Yearbook book series (SYBK)

Abstract

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was set up by the Swedish central bank in 1968. The last ten recipients of the prize, worth 8m. Sw. kr. in 2012 (down from 10m. Sw. kr. for the previous 11 years), are:

2003 – Robert F. Engle III (USA) for methods of analyzing economic time series with time-varying volatility (ARCH), and Clive W. J. Granger (UK) for methods of analyzing economic time series with common trends (cointegration).

2004 – Finn E. Kydland (Norway) and Edward C. Prescott (USA) for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.

2005 – Robert J. Aumann (Israel/USA) and Thomas C. Schelling (USA) for having enhanced our understanding of conflict and cooperation through game-theory analysis.

2006 – Edmund S. Phelps (USA) for his analysis of intertemporal tradeoffs in macroeconomic policy. 2007 – Leonid Hurwicz (USA), Eric S. Maskin (USA) and Roger B. Myerson (USA) for having laid the foundations of mechanism design theory.

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2013

Authors and Affiliations

  • Barry Turner

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