The 2026 Nobel economics prize has been awarded to Americans Robert Hall and Michael Woodford for "for microeconomic foundations of macroeconomic stabilisation", the Royal Swedish Academy of Sciences said on Monday.
The prize, which is formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is worth 12 million Swedish crowns ($1.2 million).
Hall serves as a professor of economics at Stanford University and Woodford is a professor at Columbia University.
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