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Angus Deaton: Consumption, poverty and welfare by The Royal Swedish Academy of Sciences (RSAS) (2015). “The consumption of goods and services is a fundamental determinant of human welfare. The distribution of consumption among individuals has a bearing on many…

The prize in economic sciences 2011 by Royal Swedish Academy of Sciences – The art of distinguishing between cause and effect in the macroeconomy. Thomas J. Sargent and Christopher A. Sims developed impirical methods that can answer some questions….