is different from the main nomination, and the award was established by the Swedish National Bank to commemorate Alfred Nobel . It is awarded achievements in the field of economic science.
ben Bernanke, Douglas Diamond and Philip H. Davidge
Nobel Committee of the Royal Swedish Academy of Sciences announced that who will receive the Alfred Nobel Prize in Economics this year from the Swedish National Bank. The winners were Ben Bernanke, Douglas Diamond and Philip H. Davide.
They “greatly improve our understanding of the role of banks in the economy, especially during financial crises, and one important gain of their research is why bank failures are crucial.” “Modern research is elucidating the reasons why banks exist, how they make them less vulnerable during crisis, and how their failures exacerbate the financial crisis. The basis for these studies was laid by Ben Bernanke , Douglas Diamond and Philip Davidge in the early 1980s. Their analysis has important practical implications for regulating financial markets and overcoming financial crises,” the press release noted.
Prize for Economics is one of the highest awards in the field and cannot be technically called Nobel Prize , because it was not set up by Swedish scientist and entrepreneur Alfred Nobel, but in memory of him. This is an initiative of the Swedish National Bank.
From 1969 to 2021, 89 people have become winners. The youngest is Esther Duflo, a French economist and professor at the MIT (who was 46 when she won the award in 2019), and the oldest is Leonid Gulvich, a Polish-American economist and mathematician (he was 90 in 2007 and won his award a few months before his death).
Now, the 2022 Nobel Week is said to be over. The results are as follows. Physiology or Medicine Prize was awarded to Swedish scientist Svante Paabo, "recognizing his discoveries in the extinct human genome and human evolution field"; Physics - French Alain Aspe, American John Clauser and Austrian Anton Zeilinger "Experiments for entangling photons , establishing the principle of violating the Bell inequality and discoveries in the quantum information science field"; Chemistry - American scientists Carolyn Ruth Bertozzi and Carl Barry Sharpless, and Danish Morten P. Meldal; Literature - French writer Annie Ernault. The Peace Prize was immediately received by two human rights organizations (Russian "Memorial Hall", recognized by the Ministry of Justice as a foreign agent, and Ukrainian "Center of Civil Liberties") and Belarusian human rights activist Ales Byalyatsky.
Awards ceremony will be held on December 10, the day when Alfred Nobel died. Unlike 2020-2021, this time everyone decided to spend it in the festive atmosphere. In addition, those who have won the Nobel Prize in the past two years will be invited to participate in this event, etc.
bonus is 10 million Swedish kroner , which is approximately US$900,000. Winners will also receive gold commemorative medals and certificates.
