2011 Prize in Economic Sciences

Explains why Sargent and Sims won for empirically identifying cause and effect in macroeconomics.

Econometrics & causal inferenceNone / empiricalSpeechcausal inferencegranger causalitymacroeconomic identificationnobel prize in economic sciencesrational expectationsstaffan normarkStaffan Normark

Recommended by

• Nobel Prize - Economic Sciences · 2011-10-10

Related

• First reactions | Michael Woodford, prize in economic sciences 2026 | Telephone interview — Nobel Prize
• Announcement of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — Nobel Prize
• The 2026 economic sciences prize: Did you miss the announcement? #nobelprize — Nobel Prize
• “One of the biggest policy questions we have in macroeconomics.” | 2026 economic sciences interview — Nobel Prize
• Prize lecture: Elinor Ostrom, Prize in economic sciences 2009 — Nobel Prize
• Prize lecture: Peter Howitt, Prize in economic sciences 2025 — Nobel Prize