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Hall and Woodford win Nobel prize for work on economic stabilisation
Original: Hall, Woodford win Nobel prize for work on how to stabilise economies
Robert Hall and Michael Woodford have been awarded the Nobel prize in economics for their research on how to stabilise economies. The award honours their contributions to understanding business cycles, monetary policy and how central banks can smooth fluctuations. Outlets across the United States and globally are carrying the announcement, with the two economists' decades of work on macroeconomic policy drawing broad attention.
Why now: The Nobel economics prize announcement is one of the most closely followed awards of the year and directly touches on debates about central bank policy and economic stability.
Robert HallMichael WoodfordNobel Prize
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Evidence
- Hall, Woodford win Nobel prize for work on how to stabilise economies · Reuters
- Hall, Woodford Win Nobel Prize for Work on How to Stabilise Economies · U.S. News & World Report
- Hall, Woodford win Nobel prize for work on how to stabilise economies · KSL News
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