Affiliation:
1. University of Chicago Chicago IL 60637 USA
2. University of North Carolina Chapel Hill NC 27599 USA
Abstract
AbstractThe 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig “for research on banks and financial crises”. This article surveys the contributions of the three laureates and discusses how their insights have changed the way that academics and policymakers understand banks and their roles in financial crises.
Subject
Economics and Econometrics