UPDATED: American economists Hall, Woodford win 2026 Nobel prize
American economists Robert E. Hall and Michael Woodford have won the 2026 Nobel Prize in Economics for their work on macroeconomic stabilisation policies. Read More:…
The Nobel Memorial Prize in Economic Sciences, established by Sweden's central bank and awarded by the Royal Swedish Academy of Sciences, is announced annually alongside the other Nobel categories and caps the prize season each year. It is widely regarded as the highest honour in the field, recognising scholars whose research has shaped how economists and policymakers understand markets, growth and public policy.
This year's prize went to American economists Robert E. Hall and Michael Woodford for their work on macroeconomic stabilisation, research that addresses how governments and central banks can act to smooth out boom-and-bust cycles and keep inflation and employment stable. Coverage from Punch and Leadership both confirm the pair as joint winners and the broad subject of their research, though neither report yet details the prize money involved, the specific findings being honoured, or comments from the laureates themselves.