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The Nobel Prize and SSE

Stockholm School of Economics has uniquely close ties to the Prize in Economics Sciences in Memory of Alfred Nobel. Two of our professors have recently served on the Committee for the Prize in Economic Sciences (one as the Chair), every December the year’s laureate or laureates visit our school, and every four years our students arrange the annual after-party to the Nobel banquet – the Nobel Night Cap.

The Royal Swedish Academy of Sciences awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 to Ben Bernanke, Douglas Diamond and Philip Dybvig, "for research on banks and financial crises".

On December 12, 2022, the laureates visited SSE for a traditional Nobel discussion. The session is available to watch online on YouTube.

Students' Nobel Night Cap

Did you know that the official after party for the Nobel Banquet is organized by the students' associations at four different Stockholm universities taking turns? Every four years, the honor befalls the Student Association at SSE (SASSE), and in 2022 – and after two years of pandemic hiatus – the party was once again hosted at SSE. And this year's party was more impressive than ever: Laureates from 2020, 2021 and 2022 were invited, along with four times as many guests as in 1990.

The Economic Sciences Prize Committee

The Economic Sciences Prize Committee is responsible for the selection of candidates for the Prize in Economic Sciences. Tore Ellingsen, Professor of Economics, is the former Chair and Per Strömberg, Professor of Finance at SSE, was a member of the Committee for the Prize in Economic Sciences in Memory of Alfred Nobel. They are both able to provide insights into the process of selecting a Nobel prize winner.

Tore EllingsenTore Ellingsen 
Professor of Economics, Stockholm School of Economics

Tore Ellingsen holds the Ragnar Söderberg Chair in Economics. He is also Chair of the Social Sciences Class at the Royal Swedish Academy of Sciences and an adjunct professor at Norwegian School of Economics in his hometown, Bergen.

 

 

Per Strömberg 
Professor of Finance, Stockholm School of Economics

Per Strömberg is the SSE Centennial Professor of Finance and Private Equity at the Stockholm School of Economics. He is also Adjunct Professor of Finance at the University of Chicago Booth School of Business.  

 

Bertil Ohlin – Our very own laureate

Bertil Ohlin was a professor of economics at SSE between 1929 and 1965. He was awarded the Prize in Economic Sciences in 1977 for his research on international trade. With a lecture hall and a street named in his honor, his legacy remains strong.

Shortly after taking on his professorship at SSE, Ohlin published Interregional and International Trade. The book mapped out what today is known as the Heckscher-Ohlin model, and it made him a world renowned economist.

Meanwhile, Ohlin juggled his academic career with politics. He was the leader of liberal People’s Party from 1944 to 1967.

He received the Prize in Economic Sciences in 1977 together with James E. Meade “for their pathbreaking contribution to the theory of international trade and international capital movements”.

“I have found it all to be a fascinating business,” Ohlin said of his extraordinary career.

His legacy has been solidified at SSE with a lecture hall and a street named in his honor.

Read his full biography here.

In order to honor the significant scientific achievements of Bertil Ohlin, the Stockholm School of Economics arranges the annual Ohlin Lectures. Read more about these here

 

The Ohlin lectures

In order to honor the significant scientific achievements of Bertil Ohlin, the Stockholm School of Economics arranges the annual Ohlin Lectures.

 

The lectures are devoted to important economic problems in areas close to Ohlin’s heart. and are subsequently published in book form by the MIT Press, Cambridge, MA and London, in a series that has gained a wide readership.  Read more here.