Hall and Woodford win Nobel economics prize for shaping how central banks steer economies
US economists Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel prize in economics for work underpinning the models central banks and governments use to smooth economic booms and busts. The Royal Swedish Academy of Sciences announced the award on Monday, honouring the pair for their contribution to the microeconomic foundations needed to create macroeconomic stability.
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