Through economics to Noble goals
The winner of the 2015 Nobel Prize in Economic Sciences, Angus Deaton, is the economist most famous for his work related to health, welfare and economic development. In its press release the Nobel Prize Committee highlighted: 'To design economic policy that promotes welfare and reduces poverty,...
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| Format: | Article |
| Language: | English |
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Association of Serbian Banks
2016-01-01
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| Series: | Bankarstvo |
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| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2016/1451-43541602114P.pdf |
| Summary: | The winner of the 2015 Nobel Prize in Economic Sciences, Angus Deaton, is the economist most famous for his work related to health, welfare and economic development. In its press release the Nobel Prize Committee highlighted: 'To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics. Deaton's focus on household surveys has helped transform development economics from a theoretical field based on aggregate data to an empirical field based on detailed individual data.'. |
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| ISSN: | 1451-4354 2466-5495 |