Americans Sargent, Sims Win Nobel Economics Prize

Mr. Sims is best known for his work with methods used to tease statistical relationships out of reams of data. Like Mr. Sargent, he did much of his early work at the University of Minnesota, where he taught from 1974 to 1990. After a stint at Yale, he came to Princeton in 1999 -- one of former Princeton economics department chairman Ben Bernanke's many high-level hires.

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