STOCKHOLM, October 12. /TASS/. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025 will be announced in Stockholm on Monday.

The award established in 1968 to mark the 30th anniversary of Sweden’s central bank, which makes annual contributions to the Nobel Foundation, cannot formally be considered a Nobel Prize as the Swedish chemist, inventor and philanthropist did not mention economists in his will in 1895.

Nor do the descendants of the founder of the award support the prize which, Professor Dr. Peter Nobel argues, does not conform to the spirit of the will of the chemist and inventor whose letters reveal his dislike of economists. Thomas Tyden, chairman of the Nobel Family Society, insists that this award should be distinct from the prizes outlined in the will.

Last year’s Prize in Economic Sciences was awarded to economic historian Joel Mokyr and the economists Philippe Aghion and Peter Howitt. It related to the explanations for sustained growth based on technological innovation.

Susan Athey and Hal Varian were named 2026 Clarivate Citation laureates "for pioneering analysis of the economics of information technology." Experts at the US provider of transformative intelligence also selected Michael D. Woodford "for contributions to the theory and practice of monetary policy" and Sidney G. Winter "for studies of economic dynamism and organizational behavior inspired by evolutionary theory" as the most worthy potential prize laureates. All the four researchers are from the United States.