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The 2022 Nobel Memorial Prize in Economic Sciences was divided equally between the American economists Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig "for research on banks and financial crises" on 10 October 2022. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. The Nobel Committee announced the reason behind their recognition, stating:
"This year’s laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital."
References
- 1 2 Lo, Andrew W.; Merton, Robert C. (1 November 2021). "A Look Back and a Way Forward". Annual Review of Financial Economics. 13 (1): v–viii. doi:10.1146/annurev-fe-13-090321-100001. ISSN 1941-1367. S2CID 240443908. Archived from the original on 25 January 2022. Retrieved 25 January 2022.
- 1 2 3 4 5 "Hui Chen". MIT Sloan. Retrieved 1 February 2022.
- ↑ "Hui Chen" (PDF). MIT Sloan School of Management. Retrieved 1 February 2022.
- ↑ "Hui Chen". National Bureau of Economic Research. Retrieved 1 February 2022.
- ↑ "Review of Asset Pricing Studies" . Retrieved 1 April 2022.
- ↑ Boult, Trent (10 January 2022). "Economics makes it easier for AI algorithms to make better decisions". Worldakkam. Retrieved 1 February 2022.
- ↑ "Arthur Warga Award". Society for Financial Studies. Retrieved 1 February 2022.
- ↑ "Prizes". The American Finance Association. Retrieved 1 February 2022.