US economists win Nobel prize for work on climate and growth
by Larry Elliott Economics editor from on (#40CF1)
William Nordhaus and Paul Romer honoured over two of most 'basic and pressing' issues
Two American economists at the forefront of work on climate change and the role of governments in boosting growth have been jointly awarded the prestigious Nobel Memorial prize for economics.
The Royal Swedish Academy of Sciences said William Nordhaus and Paul Romer were being honoured for their research into two of the most "basic and pressing" economic issues of the age.
Related: Nobel prize in economics goes to Nordhaus and Romer for climate change and growth - live
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