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"Their research has substantially improved our ability to answer key causal questions, which has been of great benefit to society," says Peter Fredriksson, chair of the Economic Sciences Prize Committee.
A U.S.-based economist won the Nobel prize for economics Monday for pioneering research that showed an increase in minimum wage does not lead to less hiring and immigrants do not lower pay for native-born workers, challenging commonly held ideas. Two others shared the award for creating a way to study these types of societal issues.
STOCKHOLM (AP) — A U.S.-based economist won the Nobel prize in economics Monday for...
(Bloomberg) -- Only one woman was awarded a Nobel Prize this year, out of 13 laureates. Journalist Maria Ressa of the Philippines shared the Nobel Peace Prize with Russia’s Dmitry Muratov.
Royal Swedish Academy of Sciences said the three have completely reshaped empirical work in the economic sciences