The Nobel Committee appreciated that the macro-micro economic models developed by them helped to withstand the energy crises, sudden changes in household consumptions and economic fluctuations faced worldwide. It is said that their findings have become international standards in the implementation of monetary policies by central banks. The Royal Swedish Academy in Stockholm has officially announced the award, and the award will be presented at the annual event on December 10.
For more information on this article please read page number 3 dated on 13-10-2026 in Abhudayam E-paper.
