Princeton's Sims wins Nobel in economics along with visiting professor Sargent

Princeton University professor Christopher Sims has been awarded the 2011 Nobel Prize in economics along with Thomas Sargent, a New York University economist who is a visiting professor at Princeton, for "empirical research on cause and effect in the macroeconomy."

Sims, who is Princeton's Harold H. Helm '20 Professor of Economics and Banking, has been a faculty member at Princeton since 1999.

A press conference will planned for later today on the Princeton campus. Details will be announced on the Princeton University home page.