Hall and Woodford Win 2026 Nobel Economics Prize
US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize for developing ground-up models used by central banks to stabilise economies. Their decades of research help policymakers navigate financial crises and economic shocks.
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US academics Robert Hall and Michael Woodford won the 12.0M Swedish crowns ($1.2M) 2026 Nobel economics prize on Monday afternoon for decades of foundational work developing economic stabilization models. Their ground-up frameworks are deployed by central banks and finance ministries worldwide. The prize underscores how micro-level household and business decisions drive macroeconomic stability.
