US economists developed models that help central bankers and finance ministers to stabilise their economiesBusiness live – latest updatesTwo US economists have won the 2026 Nobel economics prize for their work developi…
US economists developed models that help central bankers and finance ministers to stabilise their economiesBusiness live – latest updatesTwo US economists have won the 2026 Nobel economics prize for their work developing models that help central bankers and finance ministers to stabilise their countries, avoiding long recessions and runaway inflation.Robert Hall of Stanford University, California, and Michael Woodford of Columbia University, New York, were recognised for developing the “microeconomic foundations of macroeconomic stabilisation”, giving policymakers better tools to smooth out the peaks and troughs of their economies. Continue reading…
Source: The Guardian – World
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- Wire dispatch directly ingested from World news | The Guardian.
- Published at Mon, 12 Oct 2026 12:47.
- Source URL: https://www.theguardian.com/world/2026/oct/12/nobel-prize-for-economics-hall-woodford-new-keynesian-models