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☆ How Nobel economists spend their $1 million winnings
▼ + stars: | 2023-11-20 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Every year, researchers in economics are awarded the Nobel Prize, alongside a hefty sum in winnings. All you have to do is bag a Nobel Prize. Franco Modigliani, an MIT professor who nabbed the Nobel in economics in 1985 , got about $225,000 in winnings. But, ultimately, he wanted to spend his winnings according to his own research on people's saving and spending habits. So when he was asked how he'd spend what was, in 2017 dollars, around $1.1 million in winnings, Thaler told reporters : "I will try to spend it as irrationally as possible."

Persons: —, Alfred Nobel, Claudia Goldin, it's, Goldin, Lars Heikenstein, Franco Modigliani, Modigliani, I'm, Modigliani isn't, Elinor Ostrom, Oliver E, Williamson, Esther Duflo, Abhijit Banerjee, Michael Kremer, Sir Angus Deaton, Richard Thaler, he'd, Thaler Organizations: Service, Sveriges, Economic Sciences, Guardian, Nobel Foundation, MIT, Washington Post, Indiana University, National Academy of Sciences, Fund for Research, Development, Harvard University, Boston Globe, University of Chicago Locations: Stockholm, United States of America

STOCKHOLM, Oct 9 (Reuters) - American economic historian Claudia Goldin won the 2023 Nobel economics prize for her work examining wage inequality between men and women, the Royal Swedish Academy of Sciences said on Monday. "This year's Laureate in the Economic Sciences, Claudia Goldin, provided the first comprehensive account of women's earnings and labour market participation through the centuries," the prize-giving body said in a statement. Goldin, who in 1990 became the first woman to be tenured at the Harvard economics department, is only the third woman to win the Nobel economics prize. "Claudia Goldin's discoveries have vast societal implications," said Randi Hjalmarsson, member of the Economic Prize committee. As with the other Nobel prizes, the vast majority of the economics awards have gone to men.

Persons: Claudia Goldin, Alfred Nobel, Goldin, Hans Ellegren, Claudia Goldin's, Randi Hjalmarsson, Jakob Svensson, Friedrich August von Hayek, Milton Friedman, Paul Krugman, Ben Bernanke, Elinor Ostrom, Esther Duflo, Simon Johnson, Mark John, Niklas Pollard, Johan Ahlander, Terje Solsvik, Catherine Evans Organizations: Royal Swedish Academy of Sciences, Sveriges, Economic Sciences, Harvard, Pew Research, Commission, Social, Thomson Locations: STOCKHOLM, COVID, Norwegian, Iranian, United States, Europe, U.S

☆ Nobel economics prize awarded to U.S. economist Claudia Goldin for work on women in the labor market
▼ + stars: | 2023-10-09 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: 1 min

The winner of the 2023 Prize in Economic Sciences in Memory of Alfred Nobel American economist Claudia Goldin is seen on a display at the Royal Swedish Academy of Sciences, in Stockholm on October 9, 2023. The Nobel economics prize was on Monday awarded to Professor Claudia Goldin of Harvard University for her research on women in the labor market. Goldin provided the first comprehensive account of women's earnings and labor market outcomes through the centuries, the Nobel committee said in the prize announcement while announcing the prize. Her research reveals new patterns, identifies causes of change but also speaks to the main sources of the remaining gender gaps. The winners of the award, which is officially titled the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, receive 10 million Swedish krona ($907,000) between them.

Persons: Alfred Nobel, Claudia Goldin, Goldin Organizations: Economic Sciences, Royal Swedish Academy of Sciences, Harvard University, Sveriges Locations: Stockholm

London CNN —Claudia Goldin, a professor at Harvard University, was awarded the Nobel Prize in economics Monday for her research into women’s income and employment. Jakob Svensson, chair of the committee for the prize in economic sciences, added: “Understanding women’s role in the labor market is important for society. Thanks to Claudia Goldin’s groundbreaking research we now know much more about the underlying factors and which barriers may need to be addressed in the future.”Claudia Goldin Harvard UniversityGoldin was born in 1946 in New York. She is the author of several books and is best-known for her work on the history of women in the US economy. The economics prize is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

Persons: London CNN — Claudia Goldin, Goldin, ”, Jakob Svensson, Claudia Goldin’s, ” Claudia Goldin Harvard, ” Claudia Goldin Harvard University Goldin, Henry Lee, Alfred Nobel, Ben Bernanke, Douglas Diamond, Philip Dybvig Organizations: London CNN, Harvard University, Royal Swedish Academy of Sciences, ” Claudia Goldin Harvard University, National Bureau of Economic Research, Sveriges, Economic Sciences, Federal Locations: New York, United States, Swedish

CNN —Swedish authorities have approved a protest involving the burning of Torahs and Bibles outside the Israeli Embassy in Stockholm, Sweden’s national radio broadcaster reported on Friday. A person who has applied to hold a public gathering on Saturday to burn the holy books has been granted permission, Sveriges Radio said. The European Jewish Congress (EJC) said in a press release on Friday that they “strongly” condemned the decision of Swedish authorities. “I unequivocally condemn the permission granted in Sweden to burn holy books. The decision to permit that protest was made in accordance with the right of freedom of speech, Swedish police said at the time.

Persons: ”, Ariel Muzicant, ” Muzicant, Isaac Herzog, “, ” Herzog Organizations: CNN, Embassy, Sveriges Radio, Jewish Congress Locations: Stockholm, Sweden, Israel, Swedish, Baghdad

☆ Swedish Radio becomes first big European broadcaster to quit Twitter
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +2 min

Swedish Radio said its decision had been made because Twitter had lost relevance for a Swedish audience, not blaming a new policy by Twitter under owner Elon Musk to label more public broadcasters as government funded. And therefore Sveriges Radio now chooses to deactivate or delete the last remaining accounts," Christian Gillinger, head of Social Media at Swedish Radio, said in a blog post. Gillinger said Swedish Radio had no problem with its designation: "Based on the current definition, it's a correct description of how Swedish Radio is financed." By far Sweden's biggest radio company with 7.4 million weekly listeners in 2021, Swedish Radio has been on Twitter since 2009. Individual reporters working for Swedish Radio were still free to use Twitter as they please.

☆ Morning Bid: Paging Mr. Powell
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +2 min

Asian stocks edged lower on Tuesday after recent gains even as Asian tourism-focused businesses geared up for a return of Chinese tourists after the country's borders reopened on Monday. Later on Tuesday, Fed boss Powell is set to make a speech that could give further clarity on the pace of rate hikes while U.S. inflation data out on Thursday will further cement expectations. In Japan, consumer inflation exceeded the central bank's 2% target for a seventh straight month in a sign of broadening inflationary pressure. Reuters Graphics Reuters GraphicsMeanwhile, the French need to prepare to work longer than they do now. Reporting by Anshuman Daga; Editing by Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Investors wait to hear from Fed Chair Powell at central banking forum
▼ + stars: | 2023-01-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

Powell is set to participate in a panel discussion on central bank independence at an event hosted by Sweden’s central bank, the Sveriges Riksbank. It will also be attended by Bank of England Governor Andrew Bailey and European Central Bank member Isabel Schnabel, among others. That has enabled the Fed to start easing back on the size of its historically high rate hikes meant to cool the economy and fight rising prices. These three central banks are fighting in different conditions, but they share a similar battle strategy: Keep tightening. Thursday’s Consumer Price Index for December — which will be the new year’s first check on inflation — will also provide helpful clues to investors about whether US price hikes are sufficiently cooling.

☆ Bernanke, Diamond, Dybvig share Nobel prize in economics
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

STOCKHOLM, Oct 10 (Reuters) - Ben Bernanke, Douglas Diamond and Philip Dybvig won the 2022 Nobel Economics Prize "for research on banks and financial crises", the Royal Swedish Academy of Sciences said on Monday. The prize, formally known as the Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel, is the last of this year's crop of Nobel awards and sees the winners share a sum of 10 million Swedish crowns ($883,954). ($1 = 11.3128 Swedish crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Simon Johnson and Johan Ahlander, editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Bernanke bank-crisis Nobel requires markets sequel
▼ + stars: | 2022-10-10 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

LONDON, Oct 10 (Reuters Breakingviews) - Rarely has an academic put theory into practice like Ben Bernanke. Yet the resulting era of tight bank regulation and ultra-low interest rates helped build up risks in financial markets which are only slowly becoming apparent. Bernanke’s research, and that of fellow laureates Douglas Diamond and Philip Dybvig, put lenders at the heart of the economy. In 2021, they accounted for about half of total global financial assets, compared with two-fifths for banks. Years of loose monetary policy, under Bernanke and his successors, have pushed many of these market players to take on more risk.

☆ Nobel economics prize awarded to U.S.-based economists including Bernanke for work on financial crises
▼ + stars: | 2022-10-10 | by ( Jenni Reid | ) www.cnbc.com time to read: +4 min

U.S.-based economists Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel prize in economic sciences for 2022 for their research on banks and financial crises. They added this was "invaluable" during the 2008-09 financial crisis and the coronavirus pandemic. The winners of the prize — officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — receive 10 million Swedish krona ($883,000) to be split between them. The Royal Swedish Academy of Sciences select the winners from a list of candidates recommended by the Economic Sciences Prize Committee. He again cited the insurance sector in the U.K., when he said the "mismatch" came when there were calls for more collateral from insurance companies.

☆ Nobel Prize in economics awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig for work on financial crises
▼ + stars: | 2022-10-10 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

London CNN Business —Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in economics on Monday for their work on banks and financial crises. Bernanke, who led the US central bank during the 2008 global financial crisis, received the award for his research on the Great Depression. While Bernanke served as chair, the central bank pioneered a program of quantitative easing, buying up assets to help stimulate economic growth. The Nobel prize, officially known as the Sveriges Riksbank Prize in Economic Sciences, comes with an award of 10 million Swedish kronor ($885,370) to be split equally among the laureates. It was not instituted by Alfred Nobel, but established by Sweden’s central bank and awarded in memory of Nobel.

Members of the Royal Swedish Academy of Sciences Tore Ellingsen, Hans Ellegren and John Hassler announce the 2022 Nobel Prize for Economic Sciences, during a news conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden October 10, 2022. The winners are Ben S. Bernanke (USA), Douglas W. Diamond (USA) and Philip H. Dybvig (USA). "Some households and some firms are already weakened," Gernot Doppelhofer, professor at the economics department of the Norwegian School of Economics (NHH) said. The economics prize is not one of the original five awards created in the 1895 will of industrialist and dynamite inventor Alfred Nobel. It was established by Sweden's central bank and first awarded in 1969, its full and formal name being the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

☆ The econ Nobel offers a timely warning about central banks’ power
▼ + stars: | 2022-10-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

New York CNN Business —The Nobel in economics is sort of the step-cousin of the Nobel family. Some scholars really dislike the economics prize, including one of Nobel’s own descendants, who dismissed it as a “PR coup by economists.”But hey, it still comes with a cash prize. In short, his work demonstrates that banks’ failures are often a cause, not merely a consequence, of financial crises. The Nobel committee has been known to play politics (see: that time Barack Obama was awarded the Nobel Peace Prize after being in office for just eight months). And right now, it is using its spotlight to call attention to the high-stakes gamble playing out at central banks around the world, most notably the Fed.

☆ Ericsson says no hardware exported to Russia, only software support
▼ + stars: | 2022-09-23 | by ( Supantha Mukherjee | ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterEricsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. Ericsson suspended its business in Russia in April and said in August that it would exit the country in the coming months. The sanctions list by the Swedish authority include software and technology linked to telecommunications. Ericsson said the permits were for software and technical assistance. ($1 = 11.1164 Swedish crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Supantha Mukherjee in Stockholm; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

☆ Cine vine la Forumul Mass-Media 2020? Despre utilizarea noilor tehnologii la realizarea investigațiilor jurnalistice, cu Roman Anin
▼ + stars: | 2020-11-13 | by ( ) www.ipn.md time to read: +3 min

Cine vine la Forumul Mass-Media 2020? Forumul Mass-Media se desfășoară anual sub egida Consiliului de Presă și este finanțat de Fundația Soros-Moldova și alți donatori. Roman Anin este un cunoscut și apreciat jurnalist de investigație care scrie despre corupția la nivel înalt din Federația Rusă. Roman Anin s-a născut în Republica Moldova, iar în 2004 a plecat cu familia în Rusia. Înregistrarea prealabilă obligatorie la Forumul Mass-Media 2020 are loc pe pagina web www.mediaforum.md/event/2020 și este deschisă până la 16 noiembrie 2020 inclusiv.

Persons: Rodica, Friedrich Naumann, Libertate, Fundației Friedrich Naumann Organizations: Forumul, Media, Presă, Fundația Soros -, Financial Times, BBC, Television, Asociația Presei, Jurnalism Independent, Soros, Moldova, UK, Freedom House, Black, Fundației Locations: Roman, Rusia, Fundația Soros - Moldova, Federația Rusă, Republica Moldova, Soci, Forumului, Germania, Moldova, Europa de Sud - Est

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