Harvard’s Rogoff Wins Deutsche Bank Economics Prize, $68,200
Kenneth Rogoff
Adam Berry/Bloomberg
Kenneth Rogoff, a professor at Harvard University, speaks during a session on day-three of the World Economic Forum in Davos, Switzerland, on Friday, Jan. 30, 2009. “This Time Is Different” is the latest book by Rogoff.
Kenneth Rogoff, a professor at Harvard University, speaks during a session on day-three of the World Economic Forum in Davos, Switzerland, on Friday, Jan. 30, 2009. “This Time Is Different” is the latest book by Rogoff. Photographer: Adam Berry/Bloomberg
Feb. 10 (Bloomberg) -- Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund, talks about global imbalances and the risk of a trade war. Rogoff speaks with Sara Eisen on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Kenneth Rogoff of Harvard University won the Deutsche Bank Prize in Financial Economics for his “pioneering contributions” to finance and macroeconomics, notably his work on the origins of crises.
The prize, which went to Robert Shiller of Yale University in 2009, is worth 50,000 euros ($68,200), the Center for Financial Studies said in an e-mailed statement.
The jury praised Rogoff, the co-author with Carmen Reinhart of “This Time Is Different,” for examining how crises develop and for his work on sovereign debt defaults, global imbalances and exchange rates.
“Kenneth Rogoff has not only contributed pioneering work of the greatest academic importance, he has also made his findings accessible to a broad public,” said jury chairman Uwe Walz of the Center for Financial Studies, a non-profit research organization in Frankfurt, in the release.
The prize is sponsored by the Deutsche Bank Donation Fund and awarded by the Center in partnership with Goethe University Frankfurt.
To contact the reporter on this story: James Pressley in Brussels at jpressley@bloomberg.net.
To contact the editor responsible for this story: Mark Beech at mbeech@bloomberg.net.
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