STOCKHOLM –
The Nobel memorial prize in economics has been awarded to Daron Acemoglu, Simon Johnson and James A. Robinson for analysis into variations in prosperity between nations.
The announcement was made Monday in Stockholm.
Acemoglu and Johnson work on the Massachusetts Institute of Expertise and Robinson conducts his analysis on the College of Chicago.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows under.
STOCKHOLM (AP) — The Royal Swedish Academy of Sciences is unveiling the winner — or winners — of the Nobel Memorial Prize in economics on Monday, wrapping up six days of awards bulletins.
The award is formally often known as the Financial institution of Sweden Prize in Financial Sciences in Reminiscence of Alfred Nobel. The central financial institution established it as a memorial to Nobel, the Nineteenth-century Swedish businessman and chemist who invented dynamite and established the 5 Nobel Prizes. The primary winners had been Ragnar Frisch and Jan Tinbergen in 1969.
Final yr, Harvard College professor Claudia Goldin was honored for her analysis that helps clarify why girls all over the world are much less possible than males to work and why they earn much less cash once they do. She was solely the third lady among the many 93 economics laureates.
Although Nobel purists stress that the economics prize is technically not a Nobel Prize, it’s at all times offered along with the others on Dec. 10, the anniversary of Nobel’s dying in 1896.
Nobel honors had been introduced final week in medication, physics, chemistry, literature and peace.
——
Corder reported from The Hague, Netherlands.