Tag Archives: Princeton University

Nobel Prize for Economics Awarded to Professors Sargent and Sims

The Nobel Prize for Economics has been awarded to two US academics, Thomas J. Sargent and Christopher Sims. They have been chosen for “their empirical research on cause and effect in the macroeconomy.” Both professors have studied how economic policy, such as raising interest rates or cutting taxes, affects macroeconomic variables such as GDP and …
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