Advanced information on the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2003. Empirical research in macroeconomics as well as in financial economics is largely based on time series. Ever since Economics Laureate Trygve Haavelmo's work it has been standard to view...

Scientific Background, The Nobel Prize in Economic Sciences 2007. Economic transactions take place in markets, within firms and under a host of other institutional arrangements. Some markets are free of government intervention while others are regulated. Within firms, some transactions are...

Advanced Information. Microeconometric research is concerned with empirical analysis of the economic behavior of individuals and households, such as decisions on labor supply, consumption, migration or occupational choice. Microeconometric methods are equally relevant in studies of individual...

Information for the Public. This year's Laureate is awarded the Prize for his research on international trade and economic geography. By having shown the effects of economies of scale on trade patterns and on the location of economic activity, his ideas have given rise to an extensive...

Jean Tirole delivered his Prize Lecture on 8 December 2014 at the Aula Magna, Stockholm University.

Interview with 2014 Laureate in Economic Sciences Jean Tirole, 6 December 2014.

I was born on December 18, 1951 in the New York City borough of Queens. My parents, Ernest and Lillian, were both public high school teachers of a subject that is probably no longer taught, called Secretarial Studies, which focused on typing and taking dictation via two methods of shorthand...

Interview conducted on 6 December 2013.

My grandfather, Harlow Shapley, was a noted astronomer. He worked at the 100-inch telescope on Mt. Wilson in Pasadena, California, where he did some important work, most notably determining that the sun was not located at the center of the galaxy, but rather, out on the fringes. His first three...

Interview conducted on 6 December 2013.