Nobel Prize 2022: Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig wins in Economy


Sveriges Riksbank Prize in Economic Sciences​: On Monday, 10 October 2022, the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Ben S Bernanke, Douglas W Diamond and Philip H Dybvig.

  • The laureates will be awarded with the Nobel prize for research on banks and financial crises.

About Ben S.Bernanke:

  • Ben Shalom Bernanke is an American economist, who served as the 14th chairman from 2006 to 2014 of the federal Reserve.
  • He was born on December 13, 1953.
  • He was a tenured professor at Princeton University before serving as a Federal Reserve chairman.
  • From 1996 to September 2002, he served as the economics department's chairman as well.
  • He was selected for a second term Federal Reserve chairman on January 28, 2010.
  • He was nominated again by former president Barack Obama, who later described him as "the epitome of calm."

About Douglas Warren Diamond:

  • Born in 1953, Warren is the Merton H.Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
  • He specializes in the study of financial intermediates, liquidity and financial crises.
  • He is also a former president of the American Finance Association and the Western Finance Association.
  • He is also a fellow of the American Academy of Arts and Sciences, the Econometric Society and the American Finance Association.

About Philip H.Dybvig:

  • Philip H.Dybvig is an American economist who is the Boatmen's Bancshares Professor of Banking and Finance at the Olin Business School of Washington University in St. louis.
  • He was born on May 22, 1955.

Nobel economics prize: The 10 most recent winners

 

Year

Winners

Nationality

Contribution

2013

Eugene F. Fama

US

empirical analysis of asset prices

 

Lars P. Hansen

Us

empirical analysis of asset prices

 

Robert J. Shiller

US

empirical analysis of asset prices

2014

Jean Tirole

France

analysis of market power and regulation

2015

Angus S. Deaton

UK

analysis of consumption, poverty, and welfare

2016

Oliver Hart

UK

contributions to contract theory

 

Bengt Holmström

Finland

contributions to contract theory

2017

Richard H. Thaler

US

contributions to behavioral economics

2018

William D. Nordhaus

US

integration of climate change into long-run macroeconomic analysis

 

Paul M. Romer

US

integration of technological innovations into long-run macroeconomic analysis

2019

Abhijit Banerjee

US

experimental approach to alleviating global poverty

 

Esther Duflo

France/US

experimental approach to alleviating global poverty

 

Michael Kremer

US

experimental approach to alleviating global poverty

2020

Paul Milgrom

US

improvements to auction theory and inventions of new auction formats

 

Robert B. Wilson

US

improvements to auction theory and inventions of new auction formats

2021

Joshua Angrist

US/Israel

methodological contributions to the analysis of causal relationships

 

David Card

Canada/US

empirical contributions to labour economics

 

Guido Imbens

Netherlands/US

methodological contributions to the analysis of causal relationships

2022

Ben S. Bernanke

US

for research on banks and financial crises

 

Douglas Diamond

US

for research on banks and financial crises

 

Philip H. Dybvig

US

for research on banks and financial crises

 

 


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