Sunday, October 10, 2010

Nobel Prize in Econ Prediction

My last minute predictions for the Nobel Prize in Economics. For more enlightened and informed commentary, see Greg
Mankiw and Tyler

1. Lars P. Hanse and/or Hal White. Econometrics has not been awarded in a while and the current economic conditions would suggest rewarding more theoretical economists.

2. Richard Thaler and/or Robert Schiller. These seem to be the favorites.

3. Paul Romer. Macroeconomics has not been awarded recently but given the short-run macroeconomy, they probably won't give it to most of the macroeconomist. Romer is of course known for growth theory, so I think they might go in this direction.

4. Gordon Tullock. Most people think he missed his chance, so I'm just being contrarian with this choice.

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