{"id":1230,"date":"2026-11-13T11:30:32","date_gmt":"2026-11-13T09:30:32","guid":{"rendered":"https:\/\/reses-argumenta.fi\/?p=1230"},"modified":"2026-11-13T11:30:32","modified_gmt":"2026-11-13T09:30:32","slug":"taming-the-economys-ups-downs-seminar-on-the-2026-nobel-economics-prize","status":"publish","type":"post","link":"https:\/\/reses-argumenta.fi\/?p=1230","title":{"rendered":"Taming the Economy\u2019s Ups &amp; Downs (Seminar on the 2026 Nobel Economics Prize)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1-1024x576.jpg\" alt=\"\" class=\"wp-image-1231\" srcset=\"https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1-1024x576.jpg 1024w, https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1-300x169.jpg 300w, https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1-768x432.jpg 768w, https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1-1536x864.jpg 1536w, https:\/\/reses-argumenta.fi\/wp-content\/uploads\/2026\/11\/Seminar-Visuals1.jpg 1800w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Seminar on the 2026 Nobel Prize in Economic Sciences: the work of Robert E. Hall and Michael Woodford<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Recessions, inflation surges and financial crises affect jobs, savings and living standards. Can policymakers smooth out these swings, and how do they know which tools will work? The 2026 Nobel Prize in Economic Sciences was awarded to Robert E. Hall and Michael Woodford for microeconomic foundations of macroeconomic stabilisation, research that underpins the models central banks and governments use today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This seminar brings together perspectives from economic research, central banking and philosophy of science. First, Antti Ripatti (University of Helsinki) will give an overview of the research behind the prize and explain its significance for macroeconomics. Next, Aino Silvo (Bank of Finland) will discuss how the laureates\u2019 work has shaped the toolkit of modern central banks in practice. Finally, Jaakko Kuorikoski (University of Helsinki) will consider the prize from a philosophy of science perspective, reflecting on what kind of knowledge macroeconomic models provide and how they relate to policy. The talks will be followed by an open discussion with the audience.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The seminar is designed for a broad audience, including economists, other social scientists, philosophers, students and interested members of the public. The talks will address the substance of the research without assuming specialist knowledge, so the core ideas will be accessible to everyone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Taming the Economy\u2019s Ups &amp; Downs<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Seminar on the 2026 Nobel Prize in Economic Sciences: the work of Robert E. Hall and Michael Woodford<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Friday 13 November 2026, 14:00\u201316:00<br>\u200b\u200b\u200b\u200b\u200b\u200b\u200bMets\u00e4talo, Room B116 (Sali 1), Unioninkatu 40, Helsinki<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Programme<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Opening remarks \u2013 Jari Eloranta (University of Helsinki)<\/li>\n\n\n\n<li>Overview of the research behind the prize and its significance \u2013 Antti Ripatti (University of Helsinki)<\/li>\n\n\n\n<li>How the laureates\u2019 work has shaped the toolkit of modern central banking in practice \u2013 Aino Silvo (Bank of Finland)<\/li>\n\n\n\n<li>The prize from a philosophy of science perspective \u2013 Jaakko Kuorikoski (University of Helsinki)<\/li>\n\n\n\n<li>Q&amp;A and discussion<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Organiser and chair: N. Emrah Aydinonat (University of Helsinki)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The seminar is organised by the Faculty of Social Sciences, University of Helsinki, in collaboration with TINT \u2013 Centre for Philosophy of Social Science. It is the latest addition to the ReSES \u2013 Rethinking the Serviceability of Economics seminar series. It is also the first seminar held by the MAP \u2013 Models in Argumentation and Policy project, funded by the Research Council of Finland.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seminar on the 2026 Nobel Prize in Economic Sciences: the work of Robert E. Hall and Michael Woodford Recessions, inflation surges and financial crises affect jobs, savings and living standards. Can policymakers smooth out these swings, and how do they know which tools will work? The 2026 Nobel Prize in Economic Sciences was awarded to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,25,23,42],"tags":[87,91,90,94,92,93,89,43,13,88,62,61],"class_list":["post-1230","post","type-post","status-publish","format-standard","hentry","category-blog-posts","category-events","category-in-english","category-reses-id-seminar","tag-87","tag-aino-silvo","tag-antti-ripatti","tag-faculty-of-social-sciences","tag-jaakko-kuorikoski","tag-jari-eloranta","tag-michael-woodford","tag-nobel-prize","tag-reses","tag-robert-hall","tag-tint","tag-university-of-helsinki"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/posts\/1230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1230"}],"version-history":[{"count":1,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/posts\/1230\/revisions"}],"predecessor-version":[{"id":1232,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=\/wp\/v2\/posts\/1230\/revisions\/1232"}],"wp:attachment":[{"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reses-argumenta.fi\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}