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 * World


NOBEL PRIZE IN ECONOMICS WINNERS INCLUDE FORMER FED CHAIR BEN BERNANKE


DOUGLAS DIAMOND, PHILIP H. DYBVIG ALSO RECOGNIZED FOR RESEARCH ON BANKS AND
FINANCIAL CRISES

2022 NOBEL PRIZE WINNERS, FROM LEFT: DOUGLAS DIAMOND, BEN BERNANKE AND PHILIP
DYBVIG.

Photo: (L to R) JIM VONDRUSKA/REUTERS, SUSAN WALSH/ASSOCIATED PRESS, WASHINGTON
UNIVERSITY ST LOUIS/EPA/SHUTTERSTOCK
By
Paul Hannon
Updated Oct. 10, 2022 1:27 pm ET

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The Nobel Prize in Economic Sciences was awarded Monday to former Federal
Reserve chief Ben Bernanke and two other U.S. academics whose work helped
governments and central bankers navigate the global financial crisis and avoid
an economic depression of the kind seen during the 1930s.

Mr. Bernanke, who served as chairman of the Fed during the crisis, is currently
a distinguished senior fellow at the Brookings Institution. His fellow
recipients are Douglas Diamond, an economist at the University of Chicago, and
Philip H. Dybvig, an economist at Washington University.


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