Robert Hall and Michael Woodford Awarded 2026 Nobel Prize in Economics: Insights on Economic Shocks

10/12/2026

Their work shows how well-timed fiscal and monetary policy measures can help smooth economic fluctuations.

10/12/2026

"This year’s laureates in economic sciences, Robert E. Hall and Michael Woodford, have developed new macroeconomic models that have significantly improved our ability to implement effective...

10/12/2026

The Nobel Economics Prize 2026 goes to Robert Hall and Michael Woodford for research that could help central banks manage economic shocks and stabilise growth.

10/12/2026

The Nobel memorial prize in economics, the final award in this year's cycle, was announced Monday by the Royal Swedish Academy of Sciences in Stockholm.

10/12/2026

The Stanford and Columbia economists were recognised for work on how household and business decisions shape economic fluctuations and how governments can stabilise the economy.

10/12/2026

Hall and Woodford's approach focuses on building models on microeconomic foundations rather than relying on statistical links between macroeconomic variables

10/12/2026

Michael Woodford and Robert E Hall won this year's Nobel Prize in Economic Sciences "for microeconomic foundations of macroeconomic stabilisation."

10/12/2026

American-born economists Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics on Monday for their work on models that have helped governments and central banks manage...

10/12/2026

The US economists awarded the prize for their research into how central banks and governments can better handle economic shocks

10/12/2026

American-born economists' models have helped governments and central banks manage economic shocks and "smooth out the economy's peaks and troughs," says Royal Swedish Academy of Sciences.

10/12/2026

They developed new macroeconomic models that improved our ability to implement effective stabilisation policy.

10/12/2026

Robert Hall’s research on household spending and Michael Woodford’s work on monetary policy helped build models now used to assess interest rates, inflation and economic growth.

10/12/2026

American economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday.