US economist Edmund S. Phelps wins Nobel Economics Prize
STOCKHOLM, Oct 9, 2006 (AFP) – US economist Edmund S. Phelps won the 2006 Nobel Economics Prize on Monday for work on trade-offs in macroeconomic policy, the Nobel jury said, noting that his work had improved understanding of how policy affected welfare for present and future generations.
Nobel Economics Prize laureates
2006: Edmund S. Phelps (US) 2005: Thomas C. Schelling (US), Robert J. Aumann (US-Israel) 2004: Finn Kydland (Norway), Edward Prescott (US) 2003: Robert F. Engle (US), Clive W.J. Granger (Britain) 2002: Daniel Kahneman (Israel-US) and Vernon L. Smith (US) 2001: George Akerlof (US), A. Michael Spence (US), Joseph
Stiglitz (US) 2000: James Heckman (US), Daniel McFadden (US) 1999: Robert Mundell (Canada) 1998: Amartya Sen (India) 1997: Robert Merton (US), Myron Scholes (US) 1996: James Mirrlees (Britain), William Vickrey (US) 1995: Robert