Based on their models, well-coordinated fiscal and monetary policy measures could mitigate economic fluctuations upwards and downwards, said the Secretary General of the Royal Swedish Academy of Sciences, Ellen Moons. #Wirtschaftsnobelpreis #Keynesianismus #StaatlicheEingriffe (translated)
The prize winners Robert E. Hall and Michael Woodford from the USA have created a stable theoretical foundation for models that are now used by central banks and governments around the world, explained John Hassler, chairman of the committee for the economic prize. #Wirtschaftsnobelpreis #Keynesianismus #StaatlicheEingriffe (translated)
This year's Nobel Prize in Economic Sciences is awarded to U.S. economists Robert E. Hall and Michael Woodford, who have established a modern New Keynesian foundation for government intervention to stabilize economic fluctuations with their work. #Wirtschaftsnobelpreis #Keynesianismus #StaatlicheEingriffe (translated)
