Academics who could be in running for prestigious award include those working on price bubbles, productivity and corporate finance

The former governor of the Reserve Bank of India and a string of American academics are among potential candidates for the Nobel prize for economics, due to be announced on Monday in Stockholm.

The 9m Swedish kronor (£848,091) prize is not among the Nobel Foundation’s official awards for literature, peace, medicine, physics and chemistry but was established separately by Sweden’s central bank, Sveriges Riksbank, in memory of the Swedish inventor Alfred Nobel.

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