Topic - Christopher Pissarides

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** FILE ** Peter Diamond (AP Photo/Gregorio Borgia, File)

2 Americans, 1 British-Cypriot win econ Nobel

By Karl Ritter and Louise Nordstrom - Associated Press

Dale Mortensen (shown), along with Peter Diamond and Christopher Pissarides, developed a tool that is used as to estimate how unemployment benefits, interest rates and other factors can affect the labor market. (Associated Press)

3 win Nobel prize for work on labor market

Associated Press