Shiller wins Nobel Prize
5:23 pm
Mon October 14, 2013

Nobel prize winner says he's not expecting a U.S. credit default

Economist, author and Yale University professor Robert Shiller speaks at at a news conference, Monday, Oct. 14, 2013, in New Haven, Conn.
Credit AP Photo/Jessica Hill

A Yale professor who was awarded the Nobel Prize in Economics on Monday says he’s not expecting the U.S. to default on its debt. Yale economics professor Robert Shiller was speaking in New Haven at a news conference acknowledging the prize.