STOCKHOLM, Sweden, Oct. 10 (UPI) -- Two Americans share the 2011 Nobel Prize for Economics for work on the relationship of economic policy and macroeconomics, the Nobel committee said.
Thomas J. Sargent of New York University and Christopher A. Sims of Princeton University were awarded the prize "for their empirical research on cause and effect in the macroeconomy," the committee said in a release issued Monday from Stockholm, Sweden.