Nobel Prize in Economics awarded to Hall and Woodford
The 2026 Nobel Prize in Economics has been awarded to American economists Robert Hall and Michael Woodford.
Consensus
- Robert Hall and Michael Woodford were awarded the Nobel Prize in Economics in 2026.
- The prize was awarded for 'microeconomic foundations of macroeconomic stabilization'.
- Their work involved developing macroeconomic models based on the behavior of individual households and firms.
- These models help central banks and governments better assess the effects of interest rate changes, fiscal policy, and monetary policy.
- The models are used by central banks and governments worldwide to manage economic fluctuations and crises.
- The Nobel Prize in Economics is officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Points of divergence
- The laureates' work improved the ability to evaluate the consequences of changes in interest rates, government spending, and tax policy. — ramio
- Previous stabilization models based on Keynesian theory failed during the 1970s oil crises and led to uncontrolled inflation and high unemployment. — vedomosti
- The prize was awarded in 2026, and the prize amount is 12 million Swedish kronor, split equally between the laureates. — fontanka
- The 2025 Nobel Prize in Economics was awarded to Joel Mokir, Philippe Aghion, and Peter Howitt for research on sustainable growth through technological progress and creative destruction. — novaya_eu
Coverage (19 sources)
- Economist explained the contribution of Nobel laureates Hall and Woodford — РИАМО
- Economy is people. How Nobel discoveries are already influencing Central Bank policy — Фонтанка
- Robert Hall and Michael Woodford received the Nobel Prize in Economics — РИАМО
- Nobel Prize in Economics awarded to Robert Hall and Michael Woodford for explaining how people and companies influence... — The Insider
- Nobel Prize in Economics awarded for research on microeconomic foundations of macroeconomic stabilization — Новая газета Европа
- Nobel Prize in Economics awarded for new models of stabilization policy — Ведомости
- Two Americans received the Nobel Prize in Economics for research on fighting crises — Фонтанка
- Nobel Prize in Economics awarded to Robert Hall and Michael Woodford — ЭХО / Новости
- Nobel Prize in Economics awarded to American economists Robert Hall and Michael Woodford for 'microeconomic foundations of macroeconomic stabilization' — Настоящее Время
- American economists Robert Hall and Michael Woodford become 2026 Nobel Prize in Economics laureates — Радио Свобода
- American scientists again receive the Nobel Prize in Economics — BBC News Русская служба
- Economic Nobel Prize winners are US scholars Robert Hall and Michael Woodford — DW Главное
- Nobel Prize in Economics awarded for research on mechanisms of economic stabilization — Meduza
- Nobel Prize in Economics awarded for 'microeconomic foundations of macroeconomic stabilization' — Дождь (Telegram)
- Robert Hall and Michael Woodford received the Nobel Prize in Economics for research — Вечерняя Москва
- Americans Robert Hall and Michael Woodford to receive the Nobel Memorial Prize in Economic Sciences for 'microeconomic foundations of macroeconomics', — ТАСС (Telegram)
- Robert Hall and Michael Woodford to receive the Nobel Memorial Prize in Economic Sciences for achievements in the field of macroeconomics. — РИА Новости (Telegram)
- Nobel Prize in Economics awarded to Robert E. Hall and Michael Woodford 'for the microeconomic foundations of macroeconomic...', — Varlamov News
- In Stockholm, the winners of the Alfred Nobel Memorial Prize in Economic Sciences were announced — Интерфакс
Key entities
- Robert Hall
- Michael Woodford
- Nobel Committee
- Alfred Nobel
- Stockholm
- Royal Swedish Academy of Sciences
- USA
- Colombian University
- Stanford University
- Swedish Academy of Sciences
More on Robert Hall
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More on Michael Woodford
- American Hall and Woodford received the Nobel Prize in Economics
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