Committee for the Prize in Economic Sciences in Memory of Alfred Nobel
Encyclopedia
The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is the prize committee for the Alfred Nobel Memorial Prize in Economic Sciences, and fills the same role as the Nobel Committee
Nobel Committee
A Nobel Committee is the working body responsible for the most of the work involved in selecting Nobel Prize laureates. There are five Nobel Committees, one for each Nobel Prize....

s does for the Nobel Prize
Nobel Prize
The Nobel Prizes are annual international awards bestowed by Scandinavian committees in recognition of cultural and scientific advances. The will of the Swedish chemist Alfred Nobel, the inventor of dynamite, established the prizes in 1895...

s. This means that the Committee is responsible for proposing laureates for the Prize. The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel is appointed by the Royal Swedish Academy of Sciences
Royal Swedish Academy of Sciences
The Royal Swedish Academy of Sciences or Kungliga Vetenskapsakademien is one of the Royal Academies of Sweden. The Academy is an independent, non-governmental scientific organization which acts to promote the sciences, primarily the natural sciences and mathematics.The Academy was founded on 2...

. It usually consists of Swedish professors of economics or related subjects who are members of the Academy, although the Academy in principle could appoint anyone to the Committee.

The Committee is a working body without decision power, and the final decision to award the Prize is taken by the entire Royal Swedish Academy of Sciences, after having a first discussion in the Academy's Class for Social Sciences.

Current members

The current members of the Committee are:
  • Bertil Holmlund
    Bertil Holmlund
    Bertil Holmlund is a Swedish economist, currently Professor of Economics at Uppsala University. He was a member of the prize committee for the Nobel Memorial Prize in Economic Sciences from 1998 to 2001 and from 2005 to 2006 and is the chairman of the committee since 2008.Holmlund is a member of...

    , 2008– (chairman 2008–, associate member 1998–2001 and 2005–2006)
  • Tore Ellingsen
    Tore Ellingsen
    Tore Ellingsen, born 1962, is a Norwegian economist active in Sweden.Ellingsen graduated as siviløkonom from Norwegian School of Economics in Bergen in 1985, and received a Ph.D. from London School of Economics in 1991...

    , 2007– (associate member 2005–2007)
  • Robert Erikson, 2008– (associate member 1996–1999)
  • Per Krusell
    Per Krusell
    Per Lennart Krusell, born 1959, is a Swedish macroeconomic theorist who currently teaches at Princeton University and at the Institute for International Economic Studies in Stockholm...

    , 2005– (associate member 2003–2004)
  • Timo Teräsvirta, 2002–

Secretary

The secretary takes part in the meeting, but can not cast a vote unless the secretary is also a member of the Committee.
  • Ragnar Bentzel, 1969–1985
  • Karl-Göran Mäler, 1986–1987
  • Lars E. O. Svensson
    Lars E. O. Svensson
    Lars E. O. Svensson, born 1947, is an Swedish economist on the faculty of Princeton University. He has published significant research in macroeconomics, especially monetary economics, international trade and general equilibrium theory. He is among the most influential economists in the world...

    , 1991–1992
  • Torsten Persson
    Torsten Persson
    Torsten Persson is a Swedish economist and the director of the Institute for International Economic Studies at Stockholm University. He has also taught in England, the United States, and Israel...

    , 1993–2001
  • Peter Englund
    Peter Englund (economist)
    Peter Englund, born 1950, is a Swedish economist. He was professor at Uppsala University 1988-1998 and is professor at the Stockholm School of Economics since 1998....

    , 2002–

Former members

Economics Prize Committee members from 1969–1984
Name Years Affiliation
Bertil Ohlin
Bertil Ohlin
Bertil Gotthard Ohlin was a Swedish economist and politician. He was a professor of economics at the Stockholm School of Economics from 1929 to 1965. He was also leader of the People's Party, a social-liberal party which at the time was the largest party in opposition to the governing Social...

Chairman 1969–1974 Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...

Erik Lundberg
Erik Lundberg
Erik Filip Lundberg was a Swedish economist. He was a professor of political economics at Stockholm University and a member of the Stockholm School of economic thought...

1969–1979

Chairman 1975–1979

Associate member 1980–
Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...

Ingvar Svennilson
Ingvar Svennilson
Sven Ingvar Svennilson was a Swedish economist that became known for his theories inplanned economics. He was a member of the Stockholm school of economic thought...

1969–1971 University of Stockholm
Herman Wold
Herman Wold
Herman Ole Andreas Wold was a Norwegian-born econometrician and statistician who had a long career in Sweden...

1969–1980 University of Uppsala

University of Gothenburg
Assar Lindbeck
Assar Lindbeck
Carl Assar Eugén Lindbeck is an economics professor and an artist. He is still an active economist at Stockholm University and at the ....

1969–1994

Chairman 1980–1994
University of Stockholm
Ragnar Bentzel 1975–1990

Secretary 1969–1980, 1982–
University of Uppsala
Sune Carlson
Sune Carlson
Sune Carlson was a Swedish economist. He was considered a pioneer in establishing international business as a research area....

1972–1979

Associate member 1980–
University of Uppsala
Lars Werin 1980–

Secretary 1981

Associate member 1975–1979
University of Stockholm
Ingemar Ståhl 1980– University of Lund
Karl-Göran Mäler 1981– Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...


  • Bengt-Christer Ysander, 1991–1992
  • Lars E. O. Svensson
    Lars E. O. Svensson
    Lars E. O. Svensson, born 1947, is an Swedish economist on the faculty of Princeton University. He has published significant research in macroeconomics, especially monetary economics, international trade and general equilibrium theory. He is among the most influential economists in the world...

    , 1993–2002 (chairman 1999–2002)
  • Lennart Jörberg (associate member 1993)
  • Karl Gustav Jöreskog, 1995–2001
  • Torsten Persson
    Torsten Persson
    Torsten Persson is a Swedish economist and the director of the Institute for International Economic Studies at Stockholm University. He has also taught in England, the United States, and Israel...

    , 1995–2004 (chairman 2003–2004, also secretary)
  • Lars Engwall (associate member 2003–2008)
  • Jakob Svensson (associate member 2008)

Economics Prize Committee members from 1998–2008
Name Years Affiliation
Jörgen Weibull 1998–2007
Chairman 2004–2007
A.O. Wallenberg Professor of Economics
Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...

Peter Englund
Peter Englund (economist)
Peter Englund, born 1950, is a Swedish economist. He was professor at Uppsala University 1988-1998 and is professor at the Stockholm School of Economics since 1998....

1993–1995

Secretary 1996–1997, 2002–
Professor of Banking and Insurance
Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...

Lars Calmfors
Lars Calmfors
Lars Calmfors, born July 12, 1948 in Stockholm, is a Swedish economist and professor of international economics at the Institute for International Economic Studies at Stockholm University....

1996–1998, 2003–2007 Professor of International Economics
Stockholm University
Stockholm University
Stockholm University is a state university in Stockholm, Sweden. It has over 28,000 students at four faculties, making it one of the largest universities in Scandinavia. The institution is also frequently regarded as one of the top 100 universities in the world...

Bertil Näslund
Bertil Näslund
Bertil Näslund is a Swedish economist, currently emeritus professor at Handelshögskolan i Stockholm . Näslund is a member of the Royal Swedish Academy of Engineering Sciences since 1977 and of the Royal Swedish Academy of Sciences since 1990.-External links:*...

1999 Professor
Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...

Per Krusell
Per Krusell
Per Lennart Krusell, born 1959, is a Swedish macroeconomic theorist who currently teaches at Princeton University and at the Institute for International Economic Studies in Stockholm...

2003–
Adjunct member 2003–2004
Professor of Economics
Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....

Karl-Gustaf Löfgren 2002–2007
Associate member 1993–1995
Professor of Economics
Umeå University
Umeå University
Umeå University is a university in Umeå in the mid-northern region of Sweden. The university was founded in 1965 and is the fifth oldest within Sweden's present borders....

Timo Teräsvirta 2003?- Professor of Economic Statistics (emeritus)
Stockholm School of Economics
Stockholm School of Economics
The Stockholm School of Economics or Handelshögskolan i Stockholm is one of Northern Europe's leading business schools. Its Masters in Management program is ranked no. 2 in Northern Europe and no. 13 in Europe by the Financial Times...



Professor of Econometrics

School of Economics and Management, University of Aarhus
University of Aarhus
Aarhus University , located in the city of Aarhus, Denmark, is Denmark's second oldest and second largest university...

Bertil Holmlund
Bertil Holmlund
Bertil Holmlund is a Swedish economist, currently Professor of Economics at Uppsala University. He was a member of the prize committee for the Nobel Memorial Prize in Economic Sciences from 1998 to 2001 and from 2005 to 2006 and is the chairman of the committee since 2008.Holmlund is a member of...

Adjunct member 1998–2001, 2005–2006

Chairman 2008
Professor of Economics

Uppsala University
Uppsala University
Uppsala University is a research university in Uppsala, Sweden, and is the oldest university in Scandinavia, founded in 1477. It consistently ranks among the best universities in Northern Europe in international rankings and is generally considered one of the most prestigious institutions of...

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