Nobel Panel to Announce Winner of Economics Prize

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Nobel Panel to Announce Winner of Economics Prize
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The winner, or winners, of this year’s Nobel Prize for economics will be announced Monday at the Royal Swedish Academy of Sciences, in Stockholm.

Published 21 mins agofor economics will be announced Monday at the Royal Swedish Academy of Sciences, in Stockholm.Unlike the other prizes, the economics award wasn’t established in Alfred Nobel's will of 1895 but by the Swedish central bank in his memory. The first winner was selected in 1969.

Last year, half of the award went to David Card for his research on how the minimum wage, immigration and education affect the labor market. The other half was shared by Joshua Angrist and Guido Imbens for proposing how to study issues that don't easily fit traditional scientific methods.Download NBC 5 Dallas-Fort Worth

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