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In this Jan. 29, 2010, file photo, then Stanford Institute for Economic Policy Senior Fellow Paul Romer attends the World Economic Forum in Davos, Switzerland. Two researchers at American universities have been awarded the 2018 Nobel Prize for Economics. Yale University's William Nordhaus was named for integrating climate change into long term macroeconomic analysis and New York University's Paul Romer was awarded for factoring technological innovation into macroeconomics. (AP Photo/Virginia Mayo, File)

In this Jan. 29, 2010, file photo, then Stanford Institute for Economic Policy Senior Fellow Paul Romer attends the World Economic Forum in Davos, Switzerland. Two researchers at American universities have been awarded the 2018 Nobel Prize for Economics. Yale University's William Nordhaus was named for integrating climate change into long term macroeconomic analysis and New York University's Paul Romer was awarded for factoring technological innovation into macroeconomics. (AP Photo/Virginia Mayo, File)

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