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Who will win the 2010 Nobel Prize for Economics?
22nd September 2010
A hat tip to Tim Harford for flagging up this short article from Reuters on who might be in the running for the annual gong. Reading it I am particularly interested to find out more about the work of Nobuhiro Kiyotaki of Princeton University and John Moore of Britain’s University of Edinburgh and the London School of Economics for their Kiyotaki-Moore model, which describes how small shocks to an economy may lead to a cycle of lower output. This might be useful in A2 macroeconomics teaching on cycles, shocks, hysteresis effects and all that jazz!
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.