Nobel Prize 2022 in Economics has been awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig for?
A) Contributions to Labour Economics
B) Research on Banks and Financial Crises
C) Experimental approach to alleviating global poverty
D) Improvements to auction theory and inventions to new auction formats
Answer : B
Description :
Nobel Prize 2022 in Economics has been awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig ‘for research on banks and financial crises’. They have been honored for significantly improving the understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital.
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