The Nobel Prize(@NobelPrize):This year’s prize in economic sciences uses microfoundations to deliver macro insights. Traditional Keynesian models built upon statistical and historical relationships between macroeconomic variables. The New Keynesian models are based on microfoundations, decisions that are made by individuals and businesses. The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.” #NobelPrize

2026.10.12 09:49

This year’s prize in economic sciences uses microfoundations to deliver macro insights. Traditional Keynesian models built upon statistical and historical relationships between macroeconomic variables. The New Keynesian models are based on microfoundations, decisions that are made by individuals and businesses. The 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Robert E. Hall and Michael Woodford “for microeconomic foundations of macroeconomic stabilisation.” #NobelPrize#