The Nobel Week ended in Stockholm, during which the winners of this year's prestigious award became known. The final, traditionally, was the announcement of the winners of the Swedish Bank Prize in Economics in memory of Alfred Nobel, which is unofficially called the Nobel Prize in Economics..

This year it will be received by the former head of the US Federal Reserve Ben Bernanke, as well as economists Douglas Diamond and Philip Dibwig with the wording "

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BREAKING NEWS: The Royal Swedish Academy of Sciences has decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig for research on banks and financial crises. ”#NobelPrize pic. twitter. com/cW0sLFh2sj.

— The Nobel Prize (@NobelPrize) October 10, 2022.

“This year's Economics Laureates Ben Bernanke, Douglas Diamond and Philip Dibwig have significantly improved our understanding of the role of banks in the economy, especially during financial crises.. An important takeaway from their study is why it is vital to avoid bank failures,” the Nobel Committee said in a statement..

It is noted that the foundations of the research of scientists were laid back in the 1980s.. Their analysis was of great practical importance in regulating financial markets and overcoming financial crises..

Last year, half of the award went to David Card " Agrist and Guido Imbens with the wording "