Report: Nobel prize for economics awarded to two Americans, Hall and Woodford, for work on New Keynesian models – business live

A report from The Guardian — Business focuses on “Report: Nobel prize for economics awarded to two Americans, Hall and Woodford, for work on New Keynesian models – business live” and sets out the main development contained in the supplied source material.

The available account reports that the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Robert Hall and Neil Woodford for developing the “microeconomic foundations of macroeconomic stabilisation” There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. The report also notes that Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile).

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