Economics
Sargent, Sims Share This Year’s Nobel Prize in Economics
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New York University’s Thomas J. Sargent and Princeton University’s Christopher A. Sims shared the 2011 Nobel Prize in Economic Sciences for their work in exploring cause and effect in economic policy.
The two, both aged 68, will share the 10 million-krona ($1.48 million) prize that comes with the award, the Royal Swedish Academy of Sciences, which selects the winner, said today in Stockholm.