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"The work of the laureates has provided us with a stable theoretical foundation for the models that are now used by central banks and governments around the world." John Hassler, the chairman of the committee for the Nobel Prize in Economic Sciences, said in a press release: "The work of the laureates has provided us with a stable theoretical foundation for the models that are now used by central banks and governments around the world." #Wirtschaftsnobelpreis #Ökonomie #RobertHall (translated)

With them, we are better equipped to cope with economic shocks such as energy crises or sudden changes in household consumption behavior. The award winners had provided a "solid theoretical foundation" for the models that are currently used by governments and central banks worldwide, explained John Hassler, the chairman of the relevant committee. #Nobelpreis #Wirtschaftswissenschaften #Makroökonomie (translated)

The 2026 Alfred Nobel Memorial Prize in Economic Sciences was awarded to US economists Robert Hall and Michael Woodford for their research on stabilizing economies, which has laid important foundations for responding to economic crises. #Wirtschaftsnobelpreis #Ökonomie #Stabilisierungspolitik (translated)