Hall and Woodford win 2026 Nobel Economics Prize for stabilization policy models

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Robert E. Hall and Michael Woodford were awarded the 2026 Nobel Prize in Economic Sciences by the Royal Swedish Academy. They received the honor for their foundational work on macroeconomic stabilization. Their developed models are used by governments and central banks to manage economic fluctuations. The research analyzes household and business decision-making to inform fiscal and monetary policy.

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