The recent announcement of the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has delighted researchers working in empirical asset pricing.
Fama, Hansen, and Shiller: An excellent choice of Nobel laureates
Tarun Ramadorai, 24 October 2013
Fama, Hansen, Shiller: Nobelists 2013
Marianne Andries, Bruno Biais, 21 October 2013
The 2013 Nobel Prize in economics has been awarded to Lars Hansen, Eugene Fama and Robert Shiller "for their empirical analysis of asset prices." These were three important actors in the asset-pricing literature whose contributions are given context herein.
Professor Christopher Sims wins Nobel Prize for Economics
Toshiaki Watanabe, 29 November 2011
In October 2011 the Nobel Prize for economics was jointly awarded to professors Christopher Sims and Thomas Sargent for their research on macroeconomics and econometrics.
A prize for the scientific method in economic policy
Ramon Marimon, 16 October 2011
It seems, and often is, oxymoronic to speak of the scientific method in economic policy, even more so in these years of economic crisis and vocal discontent with the economics profession. Nevertheless, I think that “the scientific method in economic policy” is the best way to summarise the work of Thomas J. Sargent and Christopher A. Sims, in both object and method.
The Diamond, Mortensen and Pissarides Nobel: Search and market frictions
Barbara Petrongolo, 15 October 2010
Various forms of imperfections or “frictions” characterise most real-world transactions.
Paul Krugman's winning of the Nobel Prize in economics – Contributions to international trade theory
Jota Ishikawa, 31 January 2009
"Kita--!" ("It's here!" or "It's finally come!")
Why Krugman got the Nobel Prize: Economics, not polemics
Avinash Dixit, 17 October 2008
I concluded my appreciation of Paul Krugman’s research on the occasion of his winning the Clark Medal by saying: “I am sure the Clark Medal is but one milestone of many to come in his career.” Now I can write this short article of continued appreciation on the occasion of his winning the Nobel Prize with the confide
The Nobel Prize: What is mechanism design and why does it matter for policy-making?
Patrick Legros, Estelle Cantillon, 18 October 2007
On Monday, Leonid Hurwicz, Eric Maskin and Roger Myerson were awarded the 2007 Nobel Prize in Economics for their contributions to mechanism design theory. To the non-economist, mechanism design theory seems to be a highly abstract construct: technically impressive, perhaps, but with little relevance to policy and everyday life.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Adelman, 28 October 2013
Reichlin, Giugliano, 7 November 2013
Holmes, McGrattan, Prescott
Beck, De Haas, Ongena