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Economists Robert E. Hall and Michael Woodford win the 2026 Nobel Prize in Economics

The Royal Swedish Academy of Sciences has awarded these two economists for their "microeconomic fundamentals of macroeconomic stabilization."

Robert E. Hall y Michael Woodford Premio Nobel Economía 2026 — The two winners of the 2026 Nobel Prize in Economics. Photo: EFE

EITB

2026/10/12 - 13:45

Updated

2026/10/12 - 13:45

The 2026 Nobel Prize in Economics will be awarded to American economists Robert E. Hall and Michael Woodford A for "explaining the importance of the fundamentals of microeconomics in macroenomic stability," as announced this morning by the Royal Swedish Academy of Sciences.

According to the organization, the new macroeconomic models developed by economists have been "very useful" in dealing with economic crises.

The Nobel Prize for economics is not the legacy of Alfred Nobel, who was established in 1968 by the central bank of the Swedish Riksbank on the entity's 300th anniversary and first awarded in 1969.

In addition to global recognition, the winners will receive SEK 12 million (about EUR 1,070 million).

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