2026 Nobel Prize in Economics Awarded to Hall and Woodford
The 2026 Nobel Prize in Economic Sciences has been awarded to Robert Hall and Michael Woodford for their work on microeconomic foundations of macroeconomic stabilisation, as announced by the Royal Swedish Academy of Sciences. The prize, valued at 12 million Swedish crowns ($1.2 million), reflects a 1 million kronor increase per category in honour of the Nobel Prize's 125th anniversary. Hall is a professor at Stanford University, while Woodford holds a position at Columbia University. Hall's research focuses on technology, competition, and economic policy, while Woodford has received multiple awards for his contributions to financial and monetary economics.
Published 1 day ago • 12 Oct 2026, 03:38 PM IST