Robert Hall and Michael Woodford win 2026 economics Nobel

Michael Woodford described the Nobel Prize in Economics as an “immense honour” after being named a joint winner of the 2026 award alongside Robert E. Hall.

The Royal Swedish Academy of Sciences announced the award Monday, October 12, recognising their work on the microeconomic foundations of macroeconomic stabilisation.

Their research examines how decisions by households and businesses help explain the behaviour of the wider economy.