Michael Woodford

John Bates Clark Professor of Political Economy, Columbia University

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Born: 1955, Chicopee

Education: University of Chicago, Massachusetts Institute of Technology, Yale Law School

Last updated Nov 2, 2026

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Hall and Woodford win 2026 Nobel economics prize for macroeconomic stabilization work

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2026 Nobel laureate in economic sciences

The Royal Swedish Academy of Sciences awarded the 2026 Nobel economics prize to Robert E. Hall and Michael Woodford for building the microeconomic foundations of macroeconomic stabilisation. Their models, developed over nearly five decades, are now the standard toolkit for central banks and governments worldwide.

Updated Oct 13