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Robert E. Hall and Michael Woodford Awarded 2026 Nobel Prize in Economics
The Royal Swedish Academy of Sciences announced on the 12th that Robert E. Hall and Michael Woodford have been awarded the Nobel Prize in Economics for developing new macroeconomic models that significantly enhance the ability to implement effective stabilization policies. Based on these models, timely fiscal and monetary policy measures can reduce economic peaks and troughs. (Caixin Global)
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