Daron Acemoglu and Simon Johnson from MIT, along with James A. Robinson from the University of Chicago, were honored for their research on how institutions are formed and impact prosperity.
New Delhi: Three US economists Ben Bernanke, Douglas Diamond and Philip Dybvig were on Monday awarded this year’s Nobel Prize for Economics for explaining the role of banks in the economy. The American trio was given the honour for helping to “significantly improve our understanding of the role of banks in the economy, particularly during […]
