Meet Robert E Hall and Michael Woodford: Two Americans Win Nobel Prize in Economics 2026

The 2026 Nobel Prize in Economics has been awarded to Americans Robert Hall and Michael Woodford for the “microeconomic foundations of macroeconomic stabilization”, the Royal Swedish Academy of Sciences said on Monday.

The prize, which is formally known as the Sveriges Riksbank Prize for Economic Sciences in Memory of Alfred Nobel, is worth SEK 12 million ($1.2 million).

Hall is a professor of economics at Stanford University, and Woodford is a professor at Columbia University.

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