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AL24 News
Americans Hall and Woodford earn 2026 Nobel Prize
American economists Robert Hall and Michael Woodford won the Nobel Prize in Economics for 2026, in recognition of their work developing new economic models that enhance macroeconomic stability. Their research has helped improve the ability of central banks and governments to manage economic shocks and reduce volatility through timely monetary and fiscal actions. The prize has been awarded since 1969, with a value of $1.2 million. Most winners have been from the United States, with few women among the laureates, the most recent being in 2023.
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