Nobel prize in Economics due to be unveiled - India's Raghuram Rajan in the fray

Nobel prize in Economics due to be unveiled - India's Raghuram Rajan in the fray

Posted by M.Venkatesh on October 9th 2017

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2017  has not been awarded yet. but according to a report in the Hindusthan Times,  the former RBI governor Raghuram Rajan’s name is doing the rounds as a probable for the Nobel Prize for Economics this year, according to Clarivate Analytics, a company that does academic and scientific research and maintains a list of dozens of possible Nobel winners based on research citations.

Rajan’s name is one of the six economists on the list of probable winners made by the firm. His name is listed along with economists Michael C Jenson and Stewart C Myers for their contributions in “illuminating the dimensions of decisions in corporate finance”. Rajan is currently the Katherine Dusak Miller Distinguished Service Professor of Finance at the Booth School of Business, University of Chicago.
 
If Rajan wins, he will become the second Indian economist, after Amartya Sen in 1998, to win the Nobel in economics. He is considered one of the sharpest minds in the field of economics, and his contributions have been acknowledged and feted.
 
Check out the list of the 2017 Noble Prize winners:
1. The Nobel Prize in Physics 2017
Rainer Weiss, Barry C. Barish and Kip S. Thorne,"for decisive contributions to the LIGO detector and the observation of gravitational waves"
2. The Nobel Prize in Chemistry 2017
Jacques Dubochet, Joachim Frank and Richard Henderson,"for developing cryo-electron microscopy for the high-resolution structure determination of biomolecules in solution"
3. The Nobel Prize in Physiology or Medicine 2017
Jeffrey C. Hall, Michael Rosbash and Michael W. Young,"for their discoveries of molecular mechanisms controlling the circadian rhythm"
4. The Nobel Prize in Literature 2017
Kazuo Ishiguro "who, in novels of great emotional force, has uncovered the abyss beneath our illusory sense of connection with the world"
5. The Nobel Peace Prize 2017
International Campaign to Abolish Nuclear Weapons (ICAN),"for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such weapons"

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