The Nobel Prize Goes to Robert Hall and Michael Woodford

13 Oct 2026 Leave a comment

by Jim Rose in business cycles, history of economic thought, labour economics, macroeconomics, monetarism, monetary economics, unemployment

Twenty-five years ago Tyler told me he thought Robert Hall should win the Nobel. He has been a contender for so long today’s award was a surprise! Hall has an unusual number of unexpectedly creative papers. His best known is on consumption. Start with the textbook Keynesian model: Y = C + I + G…

The Nobel Prize Goes to Robert Hall and Michael Woodford

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