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American Edmund Phelps wins 2006 Nobel economics prize
Saudi Press Agency Published in Saudi Press Agency on 09 - 10 - 2006

American Edmund S. Phelps wins the 2006 Nobel Memorial Prize in Economic Sciences on Monday for his analysis of short-run and long-run trade offs in macroeconomic policy.
The Royal Swedish Academy of Sciences said his work had «deepened our understanding of the relation between
short-run and long-run effects of economic policy.»

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