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2 American economists win Nobel for work on managing economic shocks

2 American economists win Nobel for work on managing economic shocks
Photo: KPRC 2 / Click2Houston (NBC) · view original

American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy crises and inflation. The Royal Swedish Academy of Sciences announced the winners...

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