Stockholm:
The Nobel Economics Prize was on Monday awarded to a US trio for their contributions on explaining the role of banks in the economy.
Ben Bernanke, Douglas Diamond and Philip Dybvig were given the nod for having "significantly improved our understanding of the role of banks in the economy, particularly during financial crises, as well as how to regulate financial markets", the jury said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
COMMENTS
Advertisement
Gender Pay Disparity "Still A Problem": Nobel Prize Winner Claudia Goldin French Nobel Laureate Annie Ernaux Pays Tribute To Albert Camus Nobel Awards To Take Place In Sweden With Full Glitz After Covid 8 Dead, 2,750 Hurt As Pagers Explode Across Lebanon, Hezbollah Blames Israel 'Pager Bombs' Target Hezbollah In Lebanon. What We Know So Far - 5 Points IndiGo Flight Tailstrike Leaves Huge Dent During Take-Off From Delhi Airport 25 Children Killed After Bus Carrying Religious Pilgrim Crashes In Nigeria University Of Queensland, IIT Delhi Round 2 Admission Process Begins 'Pager Bombs' Target Hezbollah In Lebanon. What We Know So Far - 5 Points Track Latest News Live on NDTV.com and get news updates from India and around the world.