Dhaka,  Monday
14 October 2024

Role of government, poverty research tipped for economics Nobel

Messenger Desk

Published: 08:31, 14 October 2024

Role of government, poverty research tipped for economics Nobel

Photo : Collected

Closing the season, the Norwegian Nobel Committee will announce the Nobel economics prize on Monday, with specialists on credit, the role of government, and wealth inequality seen as possible contenders.

The winner of the prestigious prize, which last year went to American economist Claudia Goldin, will be announced at 11:45 am (0945 GMT).

Goldin was recognised "for having advanced our understanding of women's labour market outcomes" and was ironically one of very few women ever handed the prize.

Of the 93 laureates honoured since 1969, only three have been women -- Goldin in 2023, her compatriot Elinor Ostrom in 2009 and French-American Esther Duflo in 2019.

"The general trend in society to attach greater importance to parity and diversity has broadened the research process," Mikael Carlsson, professor of economics at Uppsala University in Sweden, told AFP.

"However, this is not the criteria taken into account when assessing whether a scientific contribution is worthy of a Nobel Prize," he insisted.

His bet is that Japan's Nobuhiro Kiyotaki and Britain's John H. Moore will win for their work on how small shocks can affect economic cycles, or American Susan Athey for her work on market design.

Messenger/Disha