Nordhaus and Romer win economics Nobel

Paul Romer
Paul Romer
Steve Jurvetson

William Nordhaus and Paul Romer are the joint winners of this year’s Nobel Prize in economics, the Royal Swedish Academy of Sciences revealed today (October 8).

The pair specialise in long-run macroeconomic modelling, though they come at the question from different directions.

Romer, a professor of economics at New York University’s Stern School, wins the prize for his work in building the foundations of endogenous growth theory. The theory argues that forces endogenous to the economy –

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: