Latest Business News on Mobile

7/29/2019 Latest Business News on Mobile

1/9

Latest Business news on mobile: sms BIZ to7333

Home > Business > Business Headline > Report

Get Rediffheadlines inyour inbox !

Economics Nobel winners through history

October 10, 2005 13:36 IST

The Nobel Memorial Prize in Economic Sciences for2005 will be declared on Monday, October 10.

Here we present a list of all the recipients of theEconomics Nobel that was first given in 1969.

2004

The prize was awarded jointly to: Finn E Kydland andEdward C Prescott for their contributions to dynamicmacroeconomics: the time consistency of economicpolicy and the driving forces behind business cycles.

2003

The prize was shared between: Robert F Engle formethods of analyzing economic time series withtime-varying volatility and Clive W J Granger, for
http://in.rediff.com/index.htmlhttp://in.rediff.com/money/index.htmlhttp://in.rediff.com/money/biz.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/money/index.htmlhttp://in.rediff.com/money/biz.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/push/newsletters.htmhttp://in.rediff.com/index.html


2/9

methods of analyzing economic time series withcommon trends (cointegration).

How many women have won the EconomicsNobel?

2002

The prize was shared between: Daniel Kahneman forhaving integrated insights from psychologicalresearch into economic science, especially

concerning human judgment and decision-makingunder uncertainty and Vernon L Smith, for havingestablished laboratory experiments as a tool inempirical economic analysis, especially in the studyof alternative market mechanisms.

2001

The prize was awarded jointly to: George A Akerlof,A. Michael Spence, and Joseph E Stiglitz, for theiranalyses of markets with asymmetric information.

2000

The prize will be shared between: James J Heckmanfor his development of theory and methods for

analyzing selective samples and Daniel L McFaddenfor his development of theory and methods foranalyzing discrete choice.

1999
http://in.rediff.com/money/2005/oct/10quiz.htmhttp://in.rediff.com/money/2005/oct/10quiz.htmhttp://in.rediff.com/money/2005/oct/10quiz.htmhttp://in.rediff.com/money/2005/oct/10quiz.htm


3/9

Robert A Mundell for his analysis of monetary andfiscal policy under different exchange rate regimesand his analysis of optimum currency areas.

1998

Amartya Sen for his contributions to welfareeconomics.

1997

Robert C Merton and Myron S Scholes for a newmethod to determine the value of derivatives.

1996

James A Mirrlees and William Vickrey for theirfundamental contributions to the economic theory ofincentives under asymmetric information.

1995

Robert Lucas for having developed and applied thehypothesis of rational expectations, and therebyhaving transformed macroeconomic analysis anddeepened our understanding of economic policy.

1994

The prize was awarded jointly to: John C Harsanyi,John F Nash and Reinhard Selten for theirpioneering analysis of equilibria in the theory of non-cooperative games.


4/9

1993

The prize was awarded jointly to: Robert W Fogel

and Douglass C North for having renewed researchin economic history by applying economic theory andquantitative methods in order to explain economicand institutional change.

1992

Gary S Becker for having extended the domain of

microeconomic analysis to a wide range of humanbehaviour and interaction, including nonmarketbehaviour.

1991

Ronald H Coase for his discovery and clarification ofthe significance of transaction costs and property

rights for the institutional structure and functioning ofthe economy.

1990

The prize was awarded with one third each to: HarryM Markowitz, Merton M Miller and William F Sharpefor their pioneering work in the theory of financial

economics.

1989

Trygve Haavelmo for his clarification of theprobability theory foundations of econometrics and


5/9

his analyses of simultaneous economic structures.

1988

Maurice Allais for his pioneering contributions to thetheory of markets and efficient utilization ofresources.

1987

Robert M Solow for his contributions to the theory of

economic growth.1986

James M Buchanan, Jr for his development of thecontractual and constitutional bases for the theory ofeconomic and political decision-making.

1985

Franco Modigliani for his pioneering analyses ofsaving and of financial markets.

1984

Sir Richard Stone for having made fundamentalcontributions to the development of systems of

national accounts and hence greatly improved thebasis for empirical economic analysis.

1983

Gerard Debreu for having incorporated new


6/9

analytical methods into economic theory and for hisrigorous reformulation of the theory of generalequilibrium.

1982

George J Stigler for his seminal studies of industrialstructures, functioning of markets and causes andeffects of public regulation.

1981

James Tobin for his analysis of financial markets andtheir relations to expenditure decisions, employment,production and prices.

1980

Lawrence R Klein for the creation of econometric

models and the application to the analysis ofeconomic fluctuations and economic policies.

1979

The prize was divided equally between: Theodore WSchultz and Sir Arthur Lewis for their pioneeringresearch into economic development research with

particular consideration of the problems ofdeveloping countries.

1978

Herbert A Simon for his pioneering research into the


7/9

decision-making process within economicorganisations.

1977

The prize was divided equally between: Bertil Ohlinand James E Meade for their pathbreakingcontribution to the theory of international trade andinternational capital movements.

1976

Milton Friedman for his achievements in the fields ofconsumption analysis, monetary history and theoryand for his demonstration of the complexity ofstabilization policy.

1975

The prize was awarded jointly to: Leonid VitaliyevichKantorovich and Tjalling C Koopmans for theircontributions to the theory of optimum allocation ofresources.

1974

The prize was divided equally between: Gunnar

Myrdal and Friedrich August Von Hayek for theirpioneering work in the theory of money andeconomic fluctuations and for their penetratinganalysis of the interdependence of economic, socialand institutional phenomena.


8/9

1973

Wassily Leontief for the development of the input-

output method and for its application to importanteconomic problems.

1972

The prize was awarded jointly to: Sir John R Hicksand Kenneth J Arrow for their pioneeringcontributions to general economic equilibrium theory

and welfare theory.

1971

Simon Kuznets for his empirically foundedinterpretation of economic growth which has led tonew and deepened insight into the economic andsocial structure and process of development.

1970

Paul A Samuelson for the scientific work throughwhich he has developed static and dynamiceconomic theory and actively contributed to raisingthe level of analysis in economic science.

1969The prize was awarded jointly to: Ragnar Frisch andJan Tinbergen for having developed and applieddynamic models for the analysis of economicprocesses


9/9

Latest Business News on Mobile

Documents

Transcript of Latest Business News on Mobile