U.S. academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on Monday for decades of work developing ground-up models currently used by ​central banks and finance ministries across the world to stabilize economies.

Stockholm: The 2026 Nobel Memorial Prize in Economic Sciences has been awarded to Robert E Hall and Michael Woodford for their work on the microeconomic

The 2026 Nobel economics prize has been awarded to US economists ⁠Robert Hall ​and Michael Woodford, the Royal Swedish Academy of ‌Sciences said on Monday.

Robert E Hall and Michael Woodford have won the 2026 Nobel Prize in Economics for research on macroeconomic stabilisation. Their work underpins models used by governments and central banks to respond to recessions, inflation and economic shocks.