Readers & Thinkers: The 2004 Nobel Prize in Economics. Post Analysis

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2004 Nobel Prize in Economics. Post Analysis Dear All: The Nobel prize for economic sciences for 2004 was announced today. It went to Ed Prescott and Finn Kydland. I had guessed Prescott for my second choice. This is 6 out of 7 years that either my 1st or 2nd choice has won the Nobel…it’s good to be lucky sometimes. I didn’t name Kydland, but he was the natural choice to go with Prescott, however, I thought it would be...
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Readers & Thinkers: The 2004 Nobel Prize in Economics. Prediction

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2004 Nobel Prize in Economics. Prediction Dear All: The Nobel prize for economic sciences for 2004 will be announced on Monday, October 11, 2004. I take a personal enjoyment in guessing who might win the Nobel prize each year. I also enjoy reminding people of the Nobel in economics, since it’s great to recognize significant achievement. This year is going to be a difficult one. I can’t really think of whom they might award the prize...
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Readers & Thinkers: The 2003 Nobel Prize in Economics. Post Analysis

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2003 Nobel Prize in Economics. Post Analysis Dear All: Franco Modigliani, Emeritus Professor at MIT, died last week on September 25, 2003. He won the Nobel prize for his work in life cycle saving and the very known M-M Theorem. The M-M original paper is one of the papers I still find to be a truly well-written paper. Simple, precise, and with dramatic conclusions. The last time I saw Franco Modigliani was at Rudi Dornbusch’s memorial. Over...
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Readers & Thinkers: The 2003 Nobel Prize in Economics. Prediction

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2003 Nobel Prize in Economics. Prediction I could not find the exact letter written out for the 2003 ex-ante prediction, but my prediction was Clive Granger, Robert Engle, and Jerry Hausman for econometrics.
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Readers & Thinkers: The 2002 Nobel Prize in Economics. Post Analysis

Posted by on Sep 6, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2002 Nobel Prize in Economics. Post Analysis Dear All, My second choice won the Nobel in economics and I am happy for him, since he was a long shot. VERNON SMITH (Ph.D. in economics from Harvard) “for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms” DANIEL KAHNEMAN (Ph.D. in Psychology from UC Berkeley) “for having integrated...
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