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Michael Woodford and Robert E Hall, 'king' of calling US recessions, win economics Nobel — follow Alphaville's live analysis

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The two laureates won the prize for developing new macroeconomic models “that can reduce the intensity of damaging swings in the economy,” said John Hassler, Chair of the Committee for the Prize in Economic Sciences, in a statement.

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Americans Robert Hall and Michael Woodford win Nobel economics prize for helping equip nations to deal with economic shocks

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The Nobel Memorial Prize in Economics was awarded to Robert E. Hall and Michael Woodford for their work on economic shocks.

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Americans Robert E. Hall and Michael Woodford win 2026 Nobel prize in economics