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Two Americans share Nobel Prize for Economics

By The Assam Tribune

STOCKHOLM, Oct 10 (IANS): The Nobel Prize for Economcis will be shared by Christopher A. Sims and Thomas J. Sargent of the US "for their empirical research on cause and effect on the macroeconmy", it was announced here Monday.

"The 2011 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has been awarded jointly to Christopher A. Sims and Thomas J. Sargent for their empirical research on cause and effect on the macroeconmy," Staffan Normark, Permanent Secretary of the Royal Swedish Academy of Sciences said.

The Nobel economics award, established in 1968 and officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of the six prizes announced this year. It was not part of the original crop of Nobel Prizes set out in Nobel's will.

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Two Americans share Nobel Prize for Economics

STOCKHOLM, Oct 10 (IANS): The Nobel Prize for Economcis will be shared by Christopher A. Sims and Thomas J. Sargent of the US "for their empirical research on cause and effect on the macroeconmy", it was announced here Monday.

"The 2011 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has been awarded jointly to Christopher A. Sims and Thomas J. Sargent for their empirical research on cause and effect on the macroeconmy," Staffan Normark, Permanent Secretary of the Royal Swedish Academy of Sciences said.

The Nobel economics award, established in 1968 and officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the last of the six prizes announced this year. It was not part of the original crop of Nobel Prizes set out in Nobel's will.