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Business & Finance

Two American Economists Win Nobel Prize in Economics

Left 6Center 1Right 1

What everyone agrees on

  • Robert E. Hall and Michael Woodford, both Americans, won the Nobel Prize in economics.
  • Their work focused on models that help governments and central banks manage economic shocks and stabilize economies.
  • The prize addresses how to smooth out boom-and-bust economic cycles.

Each fact above was reported by outlets on the left, center and right.

How each side framed it

Left-leaning outlets · 6

Left-leaning outlets emphasized the practical application of the research, including managing unemployment, inflation and energy crises, and noted the economists' university affiliations.

Center-leaning outlets · 1

Center-leaning coverage focused on how the winners' models inform fiscal and monetary policy measures.

Right-leaning outlets · 1

Right-leaning coverage focused on identifying the winners and describing their research as macroeconomic stabilization work.

Read the original reporting

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