Central banks found research prize in honour of Carl Menger

A plaque of Carl Menger in Vienna University

The Deutsche Bundesbank, National Bank of Austria and Swiss National Bank today announced a new prize for economic research that aims "to foster research on money and monetary issues", worth €20,000 ($27,000) for the winner.

The Carl Menger Prize for Research will be awarded on a biannual basis, with the first winner to be named in September at the German Association for Social Policy's annual meeting. The winner will be chosen by the chairman of the association and representatives from the thre

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