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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Readers & Thinkers: The 2002 Nobel Prize in Economics. Prediction

Posted by on Sep 6, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2002 Nobel Prize in Economics. Prediction Dear All: The Nobel prize for economic sciences for 2002 will be announced in the next few weeks. Every year, I take a bit of pleasure out of guessing who will win it. Last year, I was fortunate to guess the winners, which included Prof. Joe Stiglitz, who worked closely with the FOLIOfn Research group. That was quite cool. He did us the favor of coming to FOLIO and answering employee questions...
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Readers & Thinkers: The 2001 Nobel Prize in Economics. Post Analysis

Posted by on Sep 6, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2001 Nobel Prize in Economics. Post Analysis Dear All, Our very own Dr. Joe Stiglitz “brought home the bacon”! This morning the Nobel prize in economics for 2001 was given to Dr. Joe Stiglitz of Columbia and FOLIOfn, Dr. George Akerlof of UC Berkeley, and Dr. Michael Spence of Stanford. This document will shed some light on why they won it. I have had the privilege of knowing two of them personally; Akerlof was my mentor at UC Berkeley and...
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Readers & Thinkers: The 2001 Nobel Prize in Economics. Prediction

Posted by on Sep 6, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2001 Nobel Prize in Economics. Prediction Dear All: The Nobel Prize in Economics for 2001 will soon be announced. Who will it go to? (1) A group of economists (students and profs) think it might be DALE JORGENSON of Harvard. He’s the favorite. (2) My personal opinion is that it could go to two camps; the EXPERIMENTAL economics camp or the MICRO/UNCERTAINTY camp. If that’s true, my bets are on the following people: (a)...
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