Tag: economics
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Americans Hall and Woodford win economics Nobel for stabilisation models
STOCKHOLM: Americans Robert Hall and Michael Woodford were awarded the Nobel economics prize on Monday (Oct 12) for their work on how monetary and fiscal policy can better stabilise disruptive economic fluctuations.The two were honoured for developing new models for managing recessions and other crises that f
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Nobel Prize in Economics goes to pair of US economists
The pair got the Nobel for developing economic models that help governments and central banks respond more effectively to booms and recessions.
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Price controls may look attractive, but costs often only emerge later: PM Wong
Consumers may benefit from price controls initially, but over time, suppliers may have less incentive to produce or invest, says the prime minister.
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Matt Peterson
Matt is a senior economics writer at CNBC, where he covers public policy, economics and financial markets.
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