Hall and Woodford awarded Nobel Prize in Economics
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This year's Nobel Prize in Economics was awarded to American economists Robert E. Hall and Michael Woodford. This was announced on October 12, 2026, in Stockholm by the Royal Swedish Academy of Sciences. They received the award for research on the microeconomic foundations of macroeconomic stabilization. hnonline.sk ↗
Their work focuses on how decisions made by individual households and businesses affect the functioning of the entire economy. According to the Academy, the research has contributed to a better understanding of ways to dampen economic fluctuations and stabilize the economy during crises. El Mundo ↗
Robert E. Hall was also recognized for his 1978 work, which examined how consumers prefer a stable level of consumption. Such behavior can influence economic developments during both growth and downturns in economic activity. ANSA ↗
Michael Woodford later developed what is known as the modern Keynesian model. It provides a theoretical framework for analyzing the relationships between household and business decisions, price developments, employment, and monetary policy.
The award relates to research that has significance for the decision-making of central banks and governments. Their models can help in developing more effective stabilization policies and in explaining how the economy responds to recessions or other significant fluctuations. seznamzpravy.cz ↗
Their work focuses on how decisions made by individual households and businesses affect the functioning of the entire economy. According to the Academy, the research has contributed to a better understanding of ways to dampen economic fluctuations and stabilize the economy during crises. El Mundo ↗
Robert E. Hall was also recognized for his 1978 work, which examined how consumers prefer a stable level of consumption. Such behavior can influence economic developments during both growth and downturns in economic activity. ANSA ↗
Michael Woodford later developed what is known as the modern Keynesian model. It provides a theoretical framework for analyzing the relationships between household and business decisions, price developments, employment, and monetary policy.
The award relates to research that has significance for the decision-making of central banks and governments. Their models can help in developing more effective stabilization policies and in explaining how the economy responds to recessions or other significant fluctuations. seznamzpravy.cz ↗
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (22)
Nobel per l'economia a Robert E. Hall e Michael Woodford (2)
ANSA
| 12:32 12.10.
Los estadounidenses Robert E. Hall y Michael Woodford se llevan el Nobel de Economía por estudiar los fundamentos micro en la estabilización macroeconómica
El Mundo
| 12:03 12.10.
Nobelovku za ekonomii mají Hall a Woodford. Zkoumali jak na recesi
seznamzpravy.cz
| 11:55 12.10.
Forschung zur Abmilderung von Konjunkturschwankungen: Wirtschaftsnobelpreis geht an zwei US-Ökonomen
Tagesspiegel
| 12:32 12.10.
Nobelovu cenu za ekonómiu získali Hall a Woodford, ocenenie dostali za výskum stabilizačných politík
hnonline.sk
| 12:27 12.10.
Nobelovu cena za ekonómiu získali Robert E. Hall a Michael Woodford
teraz.sk
| 12:26 12.10.
Nobelovu cenu za ekonomii získali Hall a Woodford. Vyvinuli modely pro mírnění výkyvů ekonomiky
irozhlas.cz
| 12:23 12.10.
Ehrung: US-Forscher Robert E. Hall und Michael Woodford erhalten Wirtschaftsnobelpreis
Sueddeutsche Zeitung
| 12:11 12.10.
Stockholm: Wirtschaftsnobelpreis geht an zwei Makroökonomen aus den USA
Die Zeit
| 12:07 12.10.
Stockholm - US-Ökonomen Robert E. Hall und Michael Woodford erhalten den sogenannten Wirtschaftsnobelpreis
Deutschlandfunk
| 12:07 12.10.
Wirtschaftsnobelpreis an US-Ökonomen Robert Hall und Michael Woodford
Der Standard
| 12:05 12.10.
Le prix Nobel d'économie décerné aux Américains Robert E. Hall et Michael Woodford
France24
| 11:58 12.10.
Wirtschaftsnobelpreis geht an zwei US-Ökonomen
Welt
| 11:54 12.10.
Breaking News: Wirtschaftsnobelpreis geht an zwei US-Forscher
n-tv
| 11:53 12.10.
Nobelovu cenu za ekonomii získali vědci hledající způsoby, jak zmírnit výkyvy ekonomiky
e15.cz
| 12:31 12.10.
Nobelovu cenu za ekonomii získali Robert Hall a Michael Woodford
denik.cz
| 12:25 12.10.
Nobelovu cenu za ekonomii získali dva Američané. Našli recept na účinnou stabilizační politiku
zpravy.aktualne.cz
| 12:23 12.10.
Robert E. Hall és Michael Woodford nyerték a közgazdasági Nobel-emlékdíjat
Telex
| 12:19 12.10.
++ Nobel per l'economia a Robert E. Hall e Michael Woodford ++
ANSA
| 12:02 12.10.
Premio Nobel de Economía 2026 para Michael Woodford y Robert E. Hall
El Pais
| 12:01 12.10.
Wirtschafsnobelpreis geht an US-Ökonomen Robert E. Hall und Michael Woodford
Spiegel.de
| 12:00 12.10.
Le prix Nobel d’économie 2026 décerné aux Américains Michael Woodford et Robert E. Hall
Le Monde
| 11:57 12.10.
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