Nobel Prize

English Information for the Public 11 October 2004 Finn Kydland and Edward Prescott have made fundamental contributions to the research area known as macroeconomics. In a highly innovative way, the Laureates have analyzed the design of economic policy and the driving forces behind business cycles. Their work has not only transformed economic research, but has…

15 October 1985 THIS YEAR’S ECONOMICS PRIZE AWARDED FOR PIONEERING STUDIES OF SAVING AND OF FINANCIAL MARKETS has decided to award the l985 Alfred Nobel Memorial Prize in Economic Sciences to Professor Franco Modigliani, Massachusetts Institute of Technology, USA, for his pioneering analyses of saving and of financial markets. Franco Modigliani’s research has been primarily…

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16 October 1979 THIS YEAR’s ECONOMICS PRIZE AWARDED TO DEVELOPING-COUNTRY RESEARCH has decided to award the 1979 Alfred Nobel Memorial Prize in Economic Sciences to be shared by Professor Theodore W. Schultz, University of Chicago, USA, and Professor Sir Arthur Lewis, Princeton University, USA, for their pioneering research into economic development research with particular consideration…

17 October 1983 THIS YEAR’s ECONOMICS PRIZE AWARDED FOR RESEARCH ON MARKET EQUILIBRIUM has decided to award the 1983 Prize in Economic Sciences in Memory of Alfred Nobel to Professor Gerard Debreu, University of California, Berkeley, USA, for having incorporated new analytical methods into economic theory and for his rigorous reformulation of the theory of…

I was born in Milwaukee, Wisconsin, on June 15, 1916. My father, an electrical engineer, had come to the United States in 1903 after earning his engineering diploma at the Technische Hochschule of Darmstadt, Germany. He was an inventor and designer of electrical control gear, later also a patent attorney. An active leader in professional…

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