Robert E. Hall and Michael Woodford win Nobel prize in economics

Award given for work on the microeconomic foundations of macroeconomic stabilisation

Last updated: October 12, 2026 | 13:58

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US macroeconomists Robert E Hall and Michael Woodford are seen on a screen as they are announced as the laureates of the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2026.

AFP

Stockholm: Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics on Monday for their work on the microeconomic foundations of macroeconomic stabilisation.

The award was announced by the Royal Swedish Academy of Sciences in Stockholm.

The economics prize is formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.