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3 US-based economists win Nobel for research on wages, jobs

1 month ago   |   By Boston Herald

STOCKHOLM - A U.S.-based economist won the Nobel prize in economics Monday for pioneering research that transformed widely held ideas about the labor force, showing how an increase in the minimum wage doesn't hinder hiring and immigrants don't lower pay for native-born workers.
Two others shared the award for developing ways to study these types of societal issues.
Canadian-born David Card of the University of California, Berkeley, was awarded half of the prize for his research on how the minimum wage, immigration and education affect the labor market.
The other half was shared by Joshua...
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US-based economists surprised by Nobel prize win

US-based economists surprised by Nobel prize win

1 month ago   |   By Arizona Daily Star

The three U.S-based economists who won the Nobel prize for economics on Monday have at least one thing in common. They were surprised by the prestigious honor.
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