Ben Bernanke, Douglas Diamond, and Philip Dybvig were honored for their work on financial instability
Congratulations to Ben Bernanke, Douglas Diamond, and Philip Dybvig for winning the 2022 Nobel Memorial Prize in Economic Sciences (2022). “I have had the great pleasure of working with Bernanke and Dybvig, and all three economists have impressed me with their pioneering research on banks and financial crises,” said INET President Rob Johnson on the occasion of the award’s announcement. INET Research Director Thomas Ferguson echoed the sentiment, commenting that “financial stability has been a key concern of our organization from the beginning and that the research of these economists had helped advance the field.”