Scholar becomes 91st person associated with UChicago to receive Nobel Prize

Announcement Type: 

Paul Romer, a University of Chicago alumnus and former faculty member, was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2018.


The Royal Swedish Academy of Sciences in presenting the award on Oct. 8 cited Romer, SB’77, PhD’83 and now a professor at New York University, “for integrating technological innovation into long-run macroeconomic analysis.” Romer shared the year’s prize with Yale University’s William Nordhaus, with the Academy noting their work to create models that address the relationship between climate change and economic growth.


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