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The Guardian Business · Oct 12, 2026 2:20 PM EDT MacroFinance

Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises

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 Woodfo…

Nobel Prize for economics awarded to Hall and Woodford for work on ‘smoothing’ crises
Image The Guardian Business

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