Economic news
Bernanke, Diamond, Dybvig share Nobel prize in economics
2022.10.10 06:04
© Reuters. FILE PHOTO: Former Federal Reserve Chairman Ben Bernanke speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Ber
STOCKHOLM (Reuters) – Ben Bernanke, Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize “for research on banks and financial crises”, the Royal Swedish Academy of Sciences said on Monday.
The prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, is the last of this year’s crop of Nobel awards and sees the winners share a sum of 10 million Swedish crowns ($883,954).
($1 = 11.3128 Swedish crowns)