Robert E. Hall and Michael Woodford Awarded Nobel for Economics
Robert E. Hall and Michael Woodford were awarded the prize for their insights that helped policymakers become “better equipped to deal with shocks in the economy,” the committee said.
Americans Robert Hall and Michael Woodford have been awarded the 2026 Nobel economics prize for their work on the microeconomic foundations of macroeconomic stabilisation, according to the Royal Swedish Academy of Sciences. The award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is worth 12 million Swedish crowns ($1.2 million).
The committee stated that Hall and Woodford received the prize for insights that helped policymakers become better equipped to deal with shocks in the economy, according to The New York Times. The announcement was made on Monday and serves as the final prize awarded this year.
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- Robert Hall and Michael Woodford win 2026 Nobel economics prize japantimes.co.jp
- U.S. economists Hall, Woodford win Nobel Economics Prize 2026 seekingalpha.com
