NBER Reporter: 2008 Number 4
NBER Researcher Won Nobel Prize in Economics
NBER Research Associate Paul Krugman of Princeton University won 2008 Nobel Prize in Economics. Krugman has been affiliated with the NBER since 1979 and is a member of the Programs on International Trade and Investment and International Finance and Macroeconomics. The Prize Committee of the Royal Swedish Academy of Sciences summarized his contributions as "deepen[ing] our understanding of the determinants of trade and the location of economic activity. His seminal papers ...were instrumental to the development of the new trade theory … and inspired the new approach to economic geography."