BusinessGeneral NewsSweden Announcement for Nobel Memorial Prize in Economic Sciences to Take Place in Stockholm by Ethan Kim October 9, 2023 written by Ethan Kim October 9, 2023 8 comments Bookmark 29 The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, the last in the series of this year’s Nobel Prizes, is slated for disclosure this coming Monday in Stockholm. The upcoming laureate or laureates in economics will be revealed by The Royal Swedish Academy of Sciences, succeeding the previous week’s announcements in the fields of medicine, physics, chemistry, literature, and peace. Established in 1968 by the central bank of Sweden, the economics prize is officially designated as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. The recipients of the previous year’s award were Ben Bernanke, former Chair of the Federal Reserve, along with Douglas W. Diamond and Philip Dybvig, recognized for their seminal work on bank failures that significantly influenced the United States’ robust intervention during the financial crisis of 2007-2008. It is notable that only two of the 92 individuals awarded the economics prize since its inception have been women. In the preceding week, the medicine prize was conferred upon Hungarian-American Katalin Karikó and American Drew Weissman. The physics accolade was bestowed on Tuesday to Anne L’Huillier of France and Sweden, French researcher Pierre Agostini, and Ferenc Krausz, who was born in Hungary. Chemistry laureates were U.S. researchers Moungi Bawendi, Louis Brus, and Alexei Ekimov, who were declared winners on Wednesday. They were followed by Jon Fosse, a Norwegian author who claimed the literature prize. Narges Mohammadi, an incarcerated Iranian activist, was the recipient of the peace prize on Friday. The formal prize ceremonies are scheduled for December, to be held in Oslo and Stockholm. Each prize comes with a cash sum of 11 million Swedish kronor, approximately one million U.S. dollars, along with an 18-carat gold medal and a diploma. For comprehensive coverage on Nobel Prizes, visit https://bigbignews.net/nobel-prizes. Table of Contents Frequently Asked Questions (FAQs) about Nobel Memorial Prize in Economic SciencesWhen is the announcement for the Nobel Memorial Prize in Economic Sciences scheduled to take place?Who will unveil the winner or winners of the economics award?What is the formal name of the Nobel Memorial Prize in Economic Sciences?Who were the recipients of last year’s economics award?How many women have won the economics prize since its inception?What other fields have had their Nobel Prizes announced in the previous week?What do winners of the Nobel Prizes receive?Where and when are the formal ceremonies for the Nobel Prizes held?More about Nobel Memorial Prize in Economic Sciences Frequently Asked Questions (FAQs) about Nobel Memorial Prize in Economic Sciences When is the announcement for the Nobel Memorial Prize in Economic Sciences scheduled to take place? The announcement for the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel is scheduled for this coming Monday in Stockholm. Who will unveil the winner or winners of the economics award? The Royal Swedish Academy of Sciences will unveil the laureate or laureates in economics. What is the formal name of the Nobel Memorial Prize in Economic Sciences? The formal name of the prize is the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel. Who were the recipients of last year’s economics award? The recipients of the previous year’s economics award were Ben Bernanke, former Chair of the Federal Reserve, Douglas W. Diamond, and Philip Dybvig. They were recognized for their research on bank failures. How many women have won the economics prize since its inception? Only two of the 92 individuals awarded the economics prize since it was established in 1968 have been women. What other fields have had their Nobel Prizes announced in the previous week? In the week leading up to the economics prize announcement, awards in medicine, physics, chemistry, literature, and peace were disclosed. What do winners of the Nobel Prizes receive? Each Nobel Prize comes with a cash sum of 11 million Swedish kronor, approximately equivalent to one million U.S. dollars. Winners also receive an 18-carat gold medal and a diploma. Where and when are the formal ceremonies for the Nobel Prizes held? The formal ceremonies for the Nobel Prizes are scheduled to be held in December, in Oslo and Stockholm. More about Nobel Memorial Prize in Economic Sciences Official Nobel Prize Website The Royal Swedish Academy of Sciences History of the Bank of Sweden Prize in Economic Sciences List of Previous Laureates in Economic Sciences Ben Bernanke’s Contribution to Economics Women Nobel Laureates in Economic Sciences USD to Swedish Kronor Exchange Rate Comprehensive Nobel Prize News Coverage You Might Be Interested In Sri Lanka’s Economic Recovery Displays Promising Progress, Yet Challenges Persist, According to IMF Norway’s Jon Fosse Receives Nobel Prize in Literature for Novel Composed of a Single Sentence Initial Vote Tally in New Zealand General Election Suggests Christopher Luxon Likely to Become Next Prime Minister Rep. George Santos says he expects to be kicked out of Congress as expulsion vote looms Redefining Senior Dining: Restaurant Initiatives Foster Social Engagement Pence seizes on Trump’s latest indictment as he looks to break through in crowded GOP field Economic SciencesGeneral NewsNobel PrizesStockholm AnnouncementSweden Share 0 FacebookTwitterPinterestEmail Ethan Kim Follow Author Ethan Kim is a world news reporter who covers breaking news stories from around the globe. He has reported on everything from natural disasters to international conflicts, and he is dedicated to bringing his readers accurate and timely information. previous post High-ranking Taliban Delegation Visits Earthquake-Afflicted Villages with Death Toll Exceeding 2,000 next post Israel Escalates Military Operations and Announces Total Siege on Gaza Following Surprise Hamas Attack You may also like Bookmark A woman who burned Wyoming’s only full-service abortion... 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Reply CryptoGuru October 9, 2023 - 10:29 pm Interesting to see how economics is still considered a hard science by the Nobel committee. With all the disruptions from crypto, they might need to reconsider their frameworks, just sayin. Reply JohnSmith2023 October 9, 2023 - 10:52 pm Wow, can’t believe it’s already time for the economics Nobel. feels like the year just started. Who’s your guess for the winner? Reply EcoWarrior October 10, 2023 - 7:52 am With climate change looming, would be nice to see some environmental economics get the spotlight for once. Reply StockMarketMan October 10, 2023 - 8:15 am Who won last year again? Oh right Bernanke, Diamond, and Dybvig. Their work on bank failures was game changing for sure. Reply JaneDoeFinance October 10, 2023 - 9:31 am It’s about time they recognize more women in this field, only 2 outta 92 is not good at all. Reply Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
