Showing posts with label nobel prize. Show all posts
Showing posts with label nobel prize. Show all posts
Monday, October 11, 2010
Diamond, Mortenson and Pissarides
This year's Economics Nobel prize was announced this morning - Peter Diamond of MIT, Dale Mortenson of Northwestern and Christopher Pissarides of the LSE for "search frictions for unemployed people in the labour market". Tyler Cowen has a good description of the main contribution that the prize recognised.
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