EconomyUS economists win Nobel for research helping policymakers navigate crises

Stanford University's Robert E. Hall and Columbia University's Michael Woodford received the Nobel Memorial Prize in Economic Sciences for research on economic stabilisation. Their work helps policymakers and central banks understand economic fluctuations, address recessions and inflation, and factor public expectations into economic policy. The two will split prize money worth about $1.2 million.

Nobel economics prizeeconomic stabilisationeconomic policy

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