Nobel panel to announce winner of economics prize
The winner, or winners, of this year’s Nobel Prize for economics will be announced Monday at the Royal Swedish Academy of Sciences, in Stockholm
By AP News
Published - Oct 10, 2022, 03:06 AM ET
Last Updated - Jun 24, 2023, 03:14 AM EDT
STOCKHOLM (AP) — The winner, or winners, of this year's Nobel Prize for economics will be announced Monday at the Royal Swedish Academy of Sciences, in Stockholm.
The prizes carry a cash award of 10 million Swedish kronor (nearly $900,000) and will be handed out on Dec. 10.
Unlike the other prizes, the economics award wasn’t established in Alfred Nobel's will of 1895 but by the Swedish central bank in his memory. The first winner was selected in 1969.
Last year, half of the award went to David Card for his research on how the minimum wage, immigration and education affect the labor market. The other half was shared by Joshua Angrist and Guido Imbens for proposing how to study issues that don't easily fit traditional scientific methods.
