The Royal Swedish Academy of Sciences has decided to award

the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to

 

WILLIAM D. NORDHAUS

for integrating climate change into long-run macroeconomic analysis

 

PAUL M. ROMER

for integrating technological innovations into long-run macroeconomic analysis

Integrating innovation and climate with economic growth

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018 to William D. Nordhaus “for integrating climate change into long-run macroeconomic analysis” and Paul M. Romer “for integrating technological innovations into long-run macroeconomic analysis

 

William D. Nordhaus and Paul M. Romer have designed methods for addressing some of our time’s most basic and pressing questions about how we create long-term sustained and sustainable economic growth

 

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© Johan Jarnestad / The Royal Swedish Academy of Sciences

 

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