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Nobel prize awarded to 2 economists for their work on how to manage shocks

World 2 sources 2 countries 🔦 Under-reported 45m ago

American economists Robert E. Hall and Michael Woodford were awarded the Nobel Memorial Prize in economics on Monday. The laureates were recognized for their influential work on how to manage economic shocks.

According to the Swedish academy, the academics' theoretical models have become foundational tools and are currently used by central banks and governments around the world.

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How the coverage differs

Same story, different emphasis — here's what each outlet chose to lead with.

Global News (CA) Highlights the practical application of managing economic shocks in the headline.
Al Jazeera (QA) Emphasizes the global institutional adoption of the academics' models.
Read the full story at the source Al Jazeera · QA ↗
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Covered by 2 sources