Nobel Prize 2026 :  In Economic sciences 
Sveriges Riksbank Prize in Economics Sciences in Memory of Alfred Nobel 2026

The Nobel Prize in Economics has been awarded to Robert E. Hall and Michael Woodford for their work on the “microeconomic foundations of macroeconomic stabilisation”.
 

Robert E. Hall
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026

Born: 1943, Palo Alto, CA, USA

Affiliation at the time of the award: Stanford University, Stanford, CA, USA

Prize motivation: “for microeconomic foundations of macroeconomic stabilisation”

Michael Woodford
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026

Born: 1955, Chicopee, MA, USA

Affiliation at the time of the award: Columbia University, New York, NY, USA

Prize motivation: “for microeconomic foundations of macroeconomic stabilisation”

( The ⁠prestigious award, formally known as the Sveriges Riksbank Prize in Economic Sciences in Memory of ‌Alfred Nobel, is the final prize to be given out this ‌year and is worth 12 million Swedish ‌crowns ($1.2 ⁠million). The economics prize, first awarded ⁠in 1969, is not one of the original five awards created in the 1895 will of industrialist ​and dynamite inventor ‌Alfred Nobel, but was established by Sweden’s central bank.)