Politics
Nobel Prize in Economics goes to Robert E. Hall and Michael Woodford for their microeconomic focus on stabilization policy
The pair got the Nobel for their work in microeconomic foundations of macroeconomic stabilization.
Topic
Economics
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World
Nobel Prize in Economics goes to pair of US economists
The pair got the Nobel for developing economic models that help governments and central banks respond more effectively to booms and recessions.
Sports
Two Americans win Nobel Prize in Economics for work on boom-bust cycles
Two Americans have won the Nobel Prize in Economics for their work on how to smooth boom-and-bust cycles to limit unemployment and inflation.