# Nobel Prize in Economics 2026: How models help stabilise global economies

https://mins.news/en/video/97136

- Al Jazeera English, 2026-10-12 21:58 UTC
- Economy
- Original: https://www.youtube.com/watch?v=rmBajbZ0pjU

> American economists Robert E. Hall and Michael Woodford have won the 2026 Nobel Prize in Economic Sciences for developing macroeconomic models that help governments and central banks stabilise economies and respond to financial shocks. The announcement in Stockholm underscores how research can aid policymakers in managing boom-and-bust cycles, inflation and weak growth.

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