Milan, 12 Oct. (LaPresse) – The Royal Swedish Academy of Sciences has announced that the 2026 Nobel Prize in Economics has been awarded to the Americans Robert E. Hall and Michael Woodford. The award recognises their work on “the microeconomic foundations of macroeconomic stabilisation”. Hall is affiliated with Stanford University in California, whilst Woodford is affiliated with Columbia University in New York. “The winners’ work has provided us with a solid theoretical foundation for the models now used by central banks and governments around the world,” said John Hassler, chair of the Committee for the Prize in Economic Sciences, adding that “thanks to these models, we are better equipped to deal with economic shocks, such as energy crises or sudden changes in household consumption.”
2026 Nobel Prize in Economics awarded to Robert Hall and Michael Woodford
Milan, 12 Oct. (LaPresse) – The Royal Swedish Academy of Sciences has announced that the 2026 Nobel Prize in Economics has been awarded to the Americans Robert E. Hall and Michael Woodford. The award recognises their work on “the microeconomic foundations of macroeconomic stabilisation”. Hall is affiliated with Stanford University in California, whilst Woodford is affiliated with Columbia University in New York. “The winners’ work has provided us with a solid theoretical foundation for the models now used by central banks and governments around the world,” said John Hassler, chair of the Committee for the Prize in Economic Sciences, adding that “thanks to these models, we are better equipped to deal with economic shocks, such as energy crises or sudden changes in household consumption.”