Friday 11 July 2014

Americans win Nobel for asset price forecast

Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of asset prices in the long term and helped the emergence of index funds in stock markets, the award-giving body said.


Saudi Arabia GDP grew 6.6pc in Q4

Saudi Arabia's gross domestic product grew 6.6 percent from a year earlier in the fourth quarter of last year, accelerating from 5.1 percent growth in the third quarter, the country's economics ministry said on Wednesday.  Th


Sims, Sargent win 2011 economics Nobel

Americans Thomas Sargent and Christopher Sims shared the 2011 Nobel prize in economics on Monday for providing ways to understand the impacts of policy changes or shocks like surging oil prices on output, inflation or employment. Sims, fro


Americans, British-Cypriot win 2010 economics Nobel

A British-Cypriot and two Americans, including one nominated by US President Barack Obama to the Federal Reserve board, won the 2010 economics Nobel on Monday for work helping explain unemployment and job markets. The work honoured is high


Nobel first: Woman economist wins prize

A US professor who showed how users could successfully manage common property became the first woman to win the Nobel prize for economics on Monday, sharing it with an American expert on conflict resolution. Elinor Ostrom defied convention


US trio wins 2007 Nobel for economics

American economists Leonid Hurwicz, Eric Maskin and Roger Myerson won the 2007 Nobel for economics on Monday for laying the foundations of an economic theory that determines when markets are working effectively. Hurwicz, Russian-born but a

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