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

Stockholm: American-born economists Robert E. Hall and Michael Woodford won the Nobel Memorial Prize in economics Monday for their work on models that have helped governments and central banks manage economic shocks. The Royal Swedish Academy of Sciences announced the winners in Stockholm, saying the winners were being honoured for microeconomic foundations of macroeconomic stabilisation. []

12 Oct 2026 3:50 pm