EPISODE · Oct 11, 2022 · 2 MIN
And the 2022 Nobel prize goes to...
from Die ekonomie minuut · host Waldo Krugell
The 2022 Nobel Prize for Economics was awarded yesterday to Ben Bernanke, Douglas Diamond and Philip Dybvig for their work on banking. Bernanke is known for his role as chairman of the US Federal Reserve Bank at the time of the 2008/09 global financial crisis, but before that, as a professor, he published a number of influential articles, specifically on the Great Depression. The Diamond and Dybvig model is the basis of how economists think about financial intermediation. Tyler Cowan and Alex Tabarrok give an overview of the winners' work on the Marginal Revolution blog. * The Economics Minute is supported by the NWU Business School.
What this episode covers
The 2022 Nobel Prize for Economics was awarded yesterday to Ben Bernanke, Douglas Diamond and Philip Dybvig for their work on banking. Bernanke is known for his role as chairman of the US Federal Reserve Bank at the time of the 2008/09 global financial crisis, but before that, as a professor, he published a number of influential articles, specifically on the Great Depression. The Diamond and Dybvig model is the basis of how economists think about financial intermediation. Tyler Cowan and Alex Tabarrok give an overview of the winners' work on the Marginal Revolution blog. * The Economics Minute is supported by the NWU Business School.
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And the 2022 Nobel prize goes to...
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