{"id":38611,"date":"2013-10-14T13:07:40","date_gmt":"2013-10-14T17:07:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38611"},"modified":"2013-10-14T13:37:15","modified_gmt":"2013-10-14T17:37:15","slug":"three-us-financiers-to-share-the-nobel-prize-in-economic-sciences-2013","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2013\/three-us-financiers-to-share-the-nobel-prize-in-economic-sciences-2013.html","title":{"rendered":"Three US Financiers To Share The Nobel Prize in Economic Sciences 2013"},"content":{"rendered":"

\"Nobel_Economics_2013b_620x350\"<\/a>New York (HedgeCo.Net) –\u00a0The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic\u00a0Sciences to\u00a0Eugene Fama, Lars Peter Hansen and Robert Shiller \u201cfor their empirical analysis of asset prices.\u201d<\/p>\n

The prize amount is SEK 8 million ($1.2 million), to be shared equally between the Laureates.<\/p>\n

“There is no way to predict the price of stocks and bonds over the next few days or weeks. But it is quite possible to foresee the broad course of these prices over longer periods, such as the next three to five years.”The Nobel Society said in a statement today, “These findings, which might seem both surprising and contradictory, were made and analyzed by this year\u2019s Laureates, Eugene Fama, Lars Peter Hansen and Robert Shiller.”<\/p>\n

Fama, 74, and Hansen, 60, are both associated with the University of Chicago. Farma, a researcher in the areas of economics and investment, has been called the “father of modern finance.” He is chairman of the Center for Research in Security Prices at the university’s Chicago Booth School of Business.\u00a0Shiller, 67, is the Sterling Professor of Economics at Yale University.<\/p>\n

Although not one of the\u00a0Nobel Prizes\u00a0established by the will of\u00a0Alfred Nobel\u00a0in 1895, the\u00a0Sveriges Riksbank Prize in Economic Sciences, commonly referred to as the\u00a0Nobel Prize in Economics,\u00a0is an award for outstanding contributions to the field of\u00a0economics, generally regarded as the most prestigious award for that field.\u00a0\u00a0
\n<\/a><\/sup><\/p>\n

Alex Akesson
\nFor\u00a0HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a>\u00a0is a premier\u00a0hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

New York (HedgeCo.Net) –\u00a0The Royal Swedish Academy of Sciences has awarded the Sveriges Riksbank Prize in Economic\u00a0Sciences to\u00a0Eugene Fama, Lars Peter Hansen and Robert Shiller \u201cfor their empirical analysis of asset prices.\u201d The prize amount is SEK 8 million ($1.2 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16025,3],"tags":[],"class_list":["post-38611","post","type-post","status-publish","format-standard","hentry","category-events","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38611"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38611\/revisions"}],"predecessor-version":[{"id":38629,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38611\/revisions\/38629"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}