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Economics Prize wraps up unpredictable Nobel season

Macroeconomics, health and labour markets are some of the favourite topics ahead of the announcement, according to experts interviewed by AFP.

Johannes Ledel (AFP)
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Stockholm, Sweden
Mon, October 11, 2021

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 Economics Prize wraps up unpredictable Nobel season International Monetary Fund First Deputy Managing Director Anne Krueger speaks 22 September, 2005, at the opening press conference during the first day of the World Bank Group/International Monetary Fund Annual Boards of Governors meetings in Washington, DC. (AFP/Chip Somodevilla)

T

he Nobel Economics Prize on Monday wraps up a Nobel season characterised by surprising picks, with a number of women in with a chance of scooping the traditionally male-dominated prize.

Macroeconomics, health and labour markets are some of the favourite topics ahead of the announcement, according to experts interviewed by AFP.

The final prize of the year, officially the Sveriges Riksbank (Sweden's central bank) Prize in Economic Sciences in Memory of Alfred Nobel, will be announced at 11:45 am (0945 GMT).

This Nobel season, only one woman has won -- Philippine journalist Maria Ressa who won the Peace Prize on Friday -- while the economics prize has so far only been awarded to two women in history, Elinor Ostrom in 2009 and Esther Duflo in 2019. 

American Anne Krueger, formerly the number two and briefly the managing director at the International Monetary Fund (IMF), as well as a former Vice President for Economics and Research at the World Bank, is one possible winner.

At 87, she is also "getting older, which usually isn't a handicap when it comes to winning Nobel Prizes", Micael Dahlen, a professor in marketing at the Stockholm School of Economics, told AFP.

Her compatriot Claudia Goldin, whose research has focused on inequality and the female labour force, is another favourite to become the third woman to receive the prize.

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