Economics Nobel to 2 for models that fix economy

The 2026 Nobel Memorial Prize in Economic Sciences was awarded to Robert E. Hall and Michael Woodford for their macroeconomic models that enhance policymakers' ability to stabilize economies. Their research emphasizes the effectiveness of well-timed fiscal and monetary policies in mitigating economic fluctuations. The award highlights the importance of their work in addressing economic shocks, with the ceremony scheduled for December 10.

Read the source (Economic Times)

More from News Studio