# U.S. Economists Win 2026 Nobel Prize

> U.S. macroeconomists Robert Hall and Michael Woodford win 2026 Nobel economics prize for microeconomic foundations of macroeconomic stabilization.
- Title: U.S. Economists Win 2026 Nobel Prize · The Japan Times
- Summary: U.S. macroeconomists Robert Hall and Michael Woodford win 2026 Nobel economics prize for microeconomic foundations of macroeconomic stabilization. Robert…
- Keywords: nobel prize, robert hall, michael woodford, sveriges riksbank prize, economic sciences, macroeconomic stabilization, central banks, news, politics, world, Economists, Win
- Source: The Japan Times — https://japantimes.co.jp/business/2026/10/12/nobel-economics-prize
- Author: No Author
- Published: 2026-10-12T09:52:00+00:00
- Read time: 1 min
- Topics: nobel prize, robert hall, michael woodford, sveriges riksbank prize, economic sciences, macroeconomic stabilization, central banks, news, politics, world
## 2026 Nobel Economics Prize Winners
U.S. macroeconomists Robert Hall and Michael Woodford win 2026 Nobel economics prize for microeconomic foundations of macroeconomic stabilization.
## Prize Details
The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel is worth 12 million swedish crowns ($1.2 million).
## Research Impact
Their models improve implementation of effective stabilization policy, reducing economic swings through timely fiscal and monetary measures.
## Committee Statement
Chair John Hassler said the laureates' work provides a stable theoretical foundation for central banks and governments worldwide.
## Economic Context
The prize, first awarded in 1969, is not one of the original five nobel awards but was established by sweden's central bank.
## Historical Trends
Most previous laureates are from the united states; only three women have won, most recently Claudia Goldin in 2023.
## Previous Winners
Last year's winners, Joel Mokyr, Philippe Aghion and Peter Howitt, won for creative destruction and economic growth.
## Key takeaway

Robert Hall and Michael Woodford won the 2026 Nobel economics prize for developing macroeconomic models that improve stabilization policy.