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Woodford and Hall awarded 2026 Nobel in Economics
The Americans Michael Woodford and Robert Hall received the Nobel Prize in Economics for 2026, in recognition of their efforts to develop new models of macroeconomics that enhance the ability to implement effective policies to achieve economic stability. The committee praised their work, which has contributed to understanding the microfoundations necessary for maintaining stability at the macroeconomic level, thereby supporting policymakers' efforts to manage economic balance. The prize, established in 1968 and officially known as "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel," is considered one of the most prestigious awards in the field of economics.
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