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Robert Hall and Michael Woodford win Nobel economics prize

By ChordNews · First written

Two U.S. professors win Nobel prize in economics
Image: axios.com
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Summary

Stanford University's Robert E. Hall and Columbia University's Michael Woodford won the Nobel Prize in economics on Monday for research on how policymakers can stabilize economies, according to the Royal Swedish Academy of Sciences. The Globe and Mail reports that their decades of work developed models used by central banks and finance ministries around the world.

Later: Nobel-winning economists' work shaped modern central banking

Timeline

  1. Axios

    Source ↗

    Axios reports that the Royal Swedish Academy of Sciences named Stanford's Robert E. Hall and Columbia's Michael Woodford as the winners for research on how policymakers can stabilize economies.

  2. The Globe and Mail

    Source ↗

    The Globe and Mail reports that Hall and Woodford were awarded the prize for decades of work developing models used by central banks and finance ministries worldwide.

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