|
Last year, the most popular names on the list were William Nordhaus (Sterling Professor of Economics, Yale University) and Martin Weitzman ( Professor of Economics, Harvard University) fo their work on Environment Economics. As I am in the fiance area, I am pretty much leaning towards the winnners of Fama/French, or Shiller/Thaler for their empirical work in Efficient market hypothesis and behavior finance. I also think these guys are very competitive.
Alberto Alesina
Nathaniel Ropes Professor of Political Economics, Department of Economics, Harvard University, Cambridge, MA USA
Why: for theoretical and empirical studies on the relationship between politics and macroeconomics, and specifically for research on politico-economic cycle
Nobuhiro Kiyotaki
Professor of Economics, Department of Economics, Princeton University, Princeton NJ USA
Why: for formulation of the Kiyotaki-Moore model, which describes how small shocks to an economy may lead to a cycle of lower output resulting from a decline in collateral values that creates a restrictive credit environment
John H. Moore
George Watson’s and Daniel Stewart’s Professor of Political Economics, University of Edinburgh, Edinburgh, Scotland, and Professor of Economics, Department of Economics, London School of Economics, London, England
Why: for formulation of the Kiyotaki-Moore model, which describes how small shocks to an economy may lead to a cycle of lower output resulting from a decline in collateral values that creates a restrictive credit environment
Kevin M. Murphy
George J. Stigler Distinguished Service Professor of Economics, University of Chicago Booth School of Business, Chicago, IL USA, and Senior Fellow, Hoover Institution, Stanford CA USA
Why: for pioneering empirical research in social economics, including wage inequality and labor demand, unemployment, addiction, and the economic return of investment in medical research.
Professor Kaushik Basu of Cornell, for his contribution to theory of games in understanding human behaviour and his contribution to development economics
|