Updated 29m ago · Business
Hall and Woodford Win 2026 Nobel Prize in Economics
Robert E. Hall and Michael Woodford won the 2026 Nobel memorial prize in economics on Monday. The prize recognizes their work on the microeconomic foundations of macroeconomic stabilization.
- Hall is affiliated with Stanford University in California.
- Woodford is affiliated with Columbia University in New York.
- 12 million Swedish kronor, about $1.2 million, is this year's prize money.
- 1968 is when Sweden's central bank created the economics prize.
Why it matters: The committee says the laureates built the theory behind models central banks and governments now use. Those models guide responses to booms, recessions and economic shocks.
- Committee chair John Hassler cited energy crises and sudden shifts in household spending.
How 28 sources split on this story
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28 sources · 32 articles · 54% Center coverage
Center coverage, 15 sources: The center frames it as a practical advance that helps governments handle booms and recessions.
Deutsche Welle13hNobel Prize in Economics goes to pair of US economistsFinancial Times6hTwo economists who transformed crisis management win Nobel PrizeYahoo News17h2 American economists win Nobel for work on managing economic shocksAxios11hTwo U.S. professors win Nobel prize in economicsCNBC13hNobel prize in economics awarded to Robert E. Hall and Michael WoodfordCTV News12hRobert E. Hall and Michael Woodford win Nobel memorial prize in economicsFortune8hThe economics Nobel went to the scholar whose work shaped Fed 'forward guidance,' a practice Kevin Warsh says has gone too far | FortuneFrance 2413h🔴 Americans Robert E. Hall and Michael Woodford win Nobel Prize in EconomicsJapan Times13hRobert Hall and Michael Woodford win 2026 Nobel economics prizeNPR14hTwo Americans win Nobel Prize in Economics for work on boom-bust cyclesPBS NewsHour9hWATCH: 2 American economists win Nobel for studying how to deal with economic shocksReuters13hHall and Woodford win 2026 Nobel economics prizeThe Hill12hRobert E. Hall and Michael Woodford win Nobel memorial prize in economicsTimes of Israel7h2 American economists win Nobel for work on managing economic shocksUSA Today12hAmericans Hall and Woodford win Nobel economics prize for work on stabilisation
Left coverage, 7 sources: The left frames it as a win for two American academics whose theories underpin modern central banking.
CNN13hAmericans Robert E. Hall and Michael Woodford awarded the Nobel Prize in economics | CNN BusinessThe Boston Globe13hRobert E. Hall and Michael Woodford win Nobel memorial prize in economicsThe Independent10hMeet Robert E. Hall and Michael Woodford: The Nobel Prize-winning economistsAl Jazeera10hNobel economics prize awarded to Robert Hall and Michael WoodfordLos Angeles Times8h2 American economists win Nobel for work on managing economic shocksThe Guardian10hNobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crisesThe New York Times13hRobert E. Hall and Michael Woodford Awarded Nobel for Economics
Right6 sources
New York Post12hRobert E. Hall and Michael Woodford win Nobel memorial prize in economicsNTD54m2 Americans Win Nobel Prize for Theories of Stabilizing EconomiesOne America News15h2 American economists win Nobel for work on managing economic shocksThe Epoch Times23h2 Americans Win Nobel Prize for Theories of Stabilizing EconomiesThe Washington Times12hRobert E. Hall and Michael Woodford win Nobel memorial prize in economicsWashington Examiner8hAmericans win Nobel for challenging government response to economic shock
What’s next: The prize will be presented Dec. 10, the anniversary of Alfred Nobel's death. It is awarded alongside the five original Nobel Prizes.
- How will the laureates' work shape current central bank policy debates?
