# American economists Robert Hall and Michael Woodford have been awarded the 2026 Nobel Prize in Economic Sciences for their work on economic stabilisation. Their research has helped develop models used by governments and central banks to manage economic ups and downs through interest rates, government spending and other policy measures. The Nobel Committee’s John Hassler says the models help policymakers respond to recessions, inflation and sudden economic shocks, including energy crises:
Two US economists awarded the 2026 Nobel Prize for Economic Sciences [SOUND]
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