Michael Woodford
2026 Nobel Laureate in Economic Sciences | John Bates Clark Professor of Political Economy, Columbia University | Author of Interest and Prices
2026 Nobel Laureate in Economic Sciences | Professor of Economics, Stanford University & Senior Fellow, Hoover Institution | Pioneer of Modern Macroeconomics
Robert E. Hall is a 2026 Nobel Laureate in Economic Sciences and one of the most influential macroeconomists of his generation. A professor at Stanford University and a senior fellow at the Hoover Institution, he shared the prize with Michael Woodford for work that rebuilt macroeconomic models on microeconomic foundations, reshaping how central banks stabilize economies. He also chaired the committee that dates U.S. recessions.
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Economics speaker Robert E. Hall is the 2026 Nobel Laureate in Economic Sciences and one of the most influential macroeconomists of the past half-century. A professor of economics at Stanford University and a senior fellow at the Hoover Institution, he was awarded the prize jointly with Michael Woodford for showing how the big questions of macroeconomics, growth, unemployment, inflation, and recession, can be understood by building economic models on the real decisions of the households and firms that make up the economy.
Hall’s influence on economics is remarkably broad. His work transformed the study of consumption, labor markets, and productivity, and for decades he chaired the National Bureau of Economic Research’s Business Cycle Dating Committee, the body that officially determines when U.S. recessions begin and end. Along the way he has shaped how economists and policymakers think about everything from why unemployment rises and falls to why economies struggle to recover after financial crises.
The 2026 prize recognized how Hall and Woodford helped rebuild stabilization policy on solid microeconomic foundations, work that underpins the models central banks and finance ministries use today. For his 2026 Nobel Prize in Economic Sciences, and a career of field-defining contributions, Hall is recognized as one of the leading economists of his era, a past president of the American Economic Association and a member of the National Academy of Sciences. His research combines deep theory with a rare focus on the practical questions that shape people’s lives and livelihoods.
As a speaker, Robert E. Hall offers audiences a masterclass in how the economy really works, from one of the people who helped us understand it. He speaks on the forces that drive growth, unemployment, and inflation, how recessions begin and end, and what governments and central banks can and cannot do to keep economies stable. Audiences gain a clear, authoritative perspective on the economic questions that matter most to business and society, grounded in decades at the very frontier of the field.
In this masterclass from a Nobel Laureate, Robert E. Hall explains the forces that actually drive modern economies: what makes growth happen, why unemployment rises and falls, and how inflation takes hold. Drawing on a career at the frontier of macroeconomics, he cuts through the noise and the headlines to give audiences a clear, authoritative understanding of the big economic questions, and what they mean for businesses, investors, and leaders trying to plan ahead.
For decades, Robert E. Hall chaired the committee that officially decides when U.S. recessions start and finish. In this fascinating keynote he takes audiences inside that work, explaining how economists actually read the business cycle, what signals matter, why downturns happen, and what it really takes for an economy to recover, especially after a financial crisis. An authoritative, insider’s guide to the rhythms of boom and bust from the economist who helped define them.
Can governments and central banks really steer the economy, and if so, how? Drawing on the research that earned him the Nobel Prize, Robert E. Hall examines how stabilization policy works, why it sometimes fails, and what his and Michael Woodford’s work revealed about doing it better. He offers leaders a clear-eyed view of the powers and the limits of policy in managing inflation, unemployment, and growth. A timely, authoritative keynote for anyone navigating an uncertain economy.
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