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The University of Chicago Booth School of Business is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 Nobel laureates in the Economic Sciences, more than any other business school in the world. The school has the third-largest endowment of any business school.
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Richard Nathaniel Rosett was an American economist and university administrator who served as the dean of the University of Chicago Booth School of Business from 1974 to 1982, Arts and Sciences at Washington University in St. Louis from 1984 to 1987, as well as chairman of the National Bureau of Economic Research.
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
- ↑ "Bryon Aragam" . Retrieved 25 October 2022.
- ↑ "David K.A. Mordecai" . Retrieved 25 October 2022.
- ↑ "Nicholas Polson" . Retrieved 25 October 2022.
- ↑ "Veronika Rockova" . Retrieved 25 October 2022.
- ↑ "Jeffrey Russell" . Retrieved 3 June 2022.
- ↑ "Ruey S. Tsay" . Retrieved 25 October 2022.