The Swedish Academy of Sciences recognizes his work in banking and financial crisis research by Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig
The Swedish Academy of Sciences Monday awarded former Federal Reserve Chairman Ben Bernanke, Douglas W. Diamond and Philip H. Dybvig, the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel 2022, also known as the Nobel Prize. for economics. The prize was awarded “for his research into banking and financial crises”, as announced by the Academy.
They are taking over from Canadian David Card, American-Israeli Joshua Angrist and Dutch-American Guido Imbens, who won last year’s award for their “empirical contributions to the labor economics field”, including the widespread idea refutes that raising the minimum wage always leads to job losses.
Source: La Verdad
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