Bernanke, Diamond and Dybvig win Nobel Prize
Economics prize goes to authors of widely cited work on financial crises
The Nobel Prize for economics was awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig today (October 10), for their work on the dynamics of bank runs and financial crises.
The 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for research on banks and financial crises”, the Royal Swedish Academy of Sciences said.
“The laureates’ insights have improved our ability to avoid both serious crises and expensive bailouts,” said Tore Ellingsen, chair of
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