Hall and Woodford Win Nobel Economics Prize for Central-Bank Models
Photo: TokenPost
Robert E. Hall of Stanford University and Michael Woodford of Columbia University won the 2026 Nobel economics prize Monday for models that underpin modern efforts to stabilize economies and guide central-bank policy. The economists were recognized for giving macroeconomic stability policy a stronger microeconomic foundation. Their work examines how households and businesses make forward-looking decisions about saving, consumption and prices, and how those choices affect the wider economy. The models show how policy communication can shape expectations about future economic conditions.
Source: TokenPost
