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AL24 News
Americans Hol and Woodford awarded 2026 Nobel in Economics
American economists Robert Holt and Michael Woodford were awarded the Nobel Prize in Economics for 2026, in recognition of their development of new macroeconomic models focused on achieving economic stability. Their research has contributed to the creation of a solid theoretical foundation now used by central banks and governments to address economic shocks, such as energy crises and sudden changes in household spending, thereby strengthening the ability of fiscal and monetary policies to mitigate fluctuations. This prize, valued at $1.2 million, is the latest of the Nobel awards for this year, which have been awarded annually since 1969.
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