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US duo William Nordhaus and Paul Romer win Nobel Economics Prize

Stockholm: US economists William Nordhaus and Paul Romer on Monday shared the 2018 Nobel Economics Prize for integrating innovation and climate with economic growth, the jury said.

By AFP
October 08, 2018

Stockholm: US economists William Nordhaus and Paul Romer on Monday shared the 2018 Nobel Economics Prize for integrating innovation and climate with economic growth, the jury said.

Nordhaus, a professor at Yale University, and Romer of New York University´s Stern School of Business, have addressed "some of our time´s most basic and pressing questions about how we create long-term sustained and sustainable growth," the Royal Swedish Academy of Sciences said in a statement.