Unemployment Rate Achievements Nobel Prize For Economics

Nobel Prize Committee announced in Stockholm, Sweden, the United States as well as economists Peter and Ermo has dual British and Cyprus, Clerides economist Christopher Pisa Li shared the 2010 Nobel Prize in Economics Award in recognition of their economic policies in explaining aspects of how it affects the contribution rate of unemployment.

It is worth mentioning that the three make the economics prize winning economist, “dark horse” feature implementation in the end. All six previous candidate to lose, which makes quite a few well-known scholars stunned that comment in the new division winners for journalists are forced to turn information, shouted, “not familiar” and “very surprised.”

Award Reason: Focus on “unemployment”

Last year the Nobel Prize as a project over the years are a result of economic prize hard to predict and highly anticipated.

“In the labor market, many companies find that there will be many job openings, and some unemployed people can not find suitable jobs.” For the unemployed looking for work and economic life of these common analysis of economic phenomena, as three of Economics the main reason for winning at home.

Royal Swedish Academy of Sciences said in a statement yesterday, the three theories can explain many economic phenomena, including “Why, when there are many job vacancies, there are still many people are unemployed.” In addition, three established economic model also help people understand the “rules and regulations and economic policies affect unemployment, vacancies and wages.”

Winning feeling: “have not thought about how to use money”

Kono in this year three new Bell Prize winner in economics, aged 70, the Diamond is the name of scholars, the only economist on the scream. Diamond is a Massachusetts Institute of Technology economist, but also social security, pension and tax and other authority. Previously, Obama had joined the Federal Reserve, but the U.S. Senate failed to approve Obama’s nomination.

71-year-old Mortensen is an American professor of economics at Northwestern University, his research focused on labor economics, macroeconomics and economic theory. The 62-year-old Pisa Li Clerides is the UK, a London School of Economics professor.

“I’m so excited, hard to believe I was awarded the Nobel Prize in Economics.” Pisa Li Clerides an interview yesterday, a bit excited. “Have not thought about how to use these bonuses, the evening will celebrate, but there will be no major celebration.”

It is reported that the three winners will share 10 million Swedish kronor prize the Nobel Prize in Economics.

“Dark horse” win Source: jobless recovery medically assisted body disease Jixun

As the economy’s highest award, the Nobel Prize in Economics has always been concerned about the originality of economic theory and economic challenges for the current guidance.

Triggered by the real estate bubble burst in the current round of global crises, despite the liberal countries in an unprecedented policy stimulus, the Western countries are still caught in jobless recovery and weak consumer dilemma.

Political commissar, chief economist at Industrial Bank, said Lu, Diamond in the contribution of overlapping generations model helps to find a prescription to stimulate consumption, Mortensen and Pisa Li Clerides and contributions for unemployment research would help to resolve the non-found employment growth in the disease, these are the urgent need to resolve the problem of Western economies. “In short, the Western economies disease Jixun award-winning medical assistance Three Musketeers!”

In addition, the Chinese Academy of Social Economic Research Institute researcher Yuan Gangming on the Beijing Morning Post, told reporters that Chinese college students each year are also facing huge employment pressure, while at the same time, a number of manufacturing jobs have emerged the phenomenon of recruitment difficulties, the theory of three economists employment policy for China is also instructive.

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