US economists Hall and Woodford win 2026 Nobel economics prize

AI-generated briefing · First published

Robert E. Hall and Michael Woodford awarded for microeconomic foundations of macroeconomic stabilisation policy.

The Royal Swedish Academy of Sciences awarded the 2026 Nobel Memorial Prize in Economic Sciences to US economists Robert E. Hall of Stanford University and Michael Woodford of Columbia University for their work on the microeconomic foundations of macroeconomic stabilisation. [1] [2] [3] [4] [5] [6] [7]

The laureates developed new models that allow fiscal and monetary policy to reduce damaging swings in the economy, helping central banks and governments respond to shocks such as energy crises or sudden changes in household consumption. [1] [2] [3] [4] [5] [6] [7]

The prize, formally the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is worth 12 million Swedish crowns ($1.2 million) and is the final Nobel award announced this year. [2] [4] [6]

Sources

  1. Last Nobel prize of the year to be announced for economics

    NPR Business · · Full text

  2. 🔴 Americans Robert E. Hall and Michael Woodford win Nobel Prize in Economics

    France 24 English · · Full text

  3. 2026 年诺贝尔经济学奖揭晓,罗伯特 · 霍尔和迈克尔 · 伍德福德两名经济学家获奖

    ITHome · · Full text

  4. Nobel economics prize awarded to Robert Hall and Michael ⁠Woodford

    Al Jazeera · · Full text

  5. 诺贝尔经济学奖揭晓 美国两学者共享殊荣

    DW Chinese · · Full text

  6. 罗伯特・E・霍尔与迈克尔・伍德福德斩获诺贝尔经济学奖

    Sina Finance · · Full text

  7. US economists win Nobel for research helping policymakers navigate crises

    France 24 English · · Full text

Link to this briefing