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Nobel Prize 2011

Princeton's Sims wins Nobel in economics 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 developing tools to analyze the effect of monetary policy on the economy.

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

Sims and Sargent were honored with the Nobel Memorial Prize in Economic Sciences for their work in answering "questions regarding the causal relationship between economic policy and different macroeconomic variables such as GDP (gross domestic product), inflation, employment and investments," the Royal Swedish Academy of Sciences noted in announcing the award today.


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Please note: A press conference with the winner is scheduled for 1:30 p.m. today in Richardson Auditorium, Alexander Hall. Members of the news media with requests about the Nobel Prize winner should email University Spokesperson Martin Mbugua and type in their subject line the words "Nobel prize" to receive an email with details about the press conference, including information about calling into the conference remotely, free satellite uplinks and audio feeds. There will be a teleconference and live Web stream of the press conference on WebMedia and on Princeton Live, and media should check the University home page for updates throughout the day.