# Economists Win Nobel Memorial Prize

> Hall and Woodford receive Nobel memorial prize for macroeconomic stabilization models.
- Title: Economists Win Nobel Memorial Prize · The Boston Globe
- Summary: Hall and Woodford receive Nobel memorial prize for macroeconomic stabilization models. American economists Robert E. Hall and Michael Woodford won the Nobel…
- Keywords: robert e hall, michael woodford, nobel memorial prize, economics, central banks, macroeconomic stabilization, news, local, Economists, Win, Nobel, Memorial
- Source: The Boston Globe — https://bostonglobe.com/2026/10/12/business/nobel-prize-economics-winners
- Read time: 1 min
- Topics: robert e hall, michael woodford, nobel memorial prize, economics, central banks, macroeconomic stabilization, news, local
## Economists win Nobel memorial prize
American-born economists Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics for their work on the microeconomic foundations of macroeconomic stabilization.
## Award announced by Royal Swedish Academy
The Royal Swedish Academy of Sciences in Stockholm announced the award, noting the laureates' work provides a stable theoretical foundation for models used by central banks and governments worldwide.
## Prize money and context
This year's prize money is 12 million Swedish kronor (about $1.2 million), with the economics prize formally known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.
## Key takeaway

American economists Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics for their work on microeconomic foundations of macroeconomic stabilization.