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The problem is that in economics, econometrics is considered "too applied" to get the glory of a Nobel.

You know, in physics you can't get a Nobel prize for theory unless the theory has been confirmed experimentally. Which is why 't Hooft and Veltman had to wait nearly 30 years for theirs, for instance.

The brainless should not be in banking. — Willem Buiter

by Migeru (migeru at eurotrib dot com) on Sat Jun 13th, 2009 at 05:33:44 AM EST
[ Parent ]
The same is true for the economics Nobel.  But experimental evidence is more problematic, generally, for the reasons given in the present discussion.
by santiago on Sat Jun 13th, 2009 at 03:06:38 PM EST
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