The 2026 Economics Nobel recognizes a study on expectations and inflation

FinanceInternationalEl PilónOct 31, 2026, 4:30 AM35 s readAI summary

The Royal Swedish Academy of Sciences recognized the work of U.S. economists Robert Hall and Michael Woodford for a study titled "Microeconomic Foundations of Macroeconomic Stabilization." According to the piece, their work examines how the expectations of consumers, families and businesses regarding prices, income and savings help determine inflation in the medium and long term. The text links this approach to Colombia and to the independence of the Banco de la República's board since the 1991 Constitution.

In 35 seconds

The recognition comes from the Royal Swedish Academy of Sciences, not the Nobel Foundation, according to the piece
The honorees are U.S. economists Robert Hall and Michael Woodford
The study is titled "Microeconomic Foundations of Macroeconomic Stabilization"

Read the full story at El Pilón

IASummary generated by artificial intelligence from a story by El Pilón. It may contain errors: the original source prevails.

Nobel de Economía
inflación
Banco de la República
teoría monetaria

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The 2026 Economics Nobel recognizes a study on expectations and inflation

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day