---
name: "Michael Woodford"
type: Person
description: "Michael Woodford is an American economist, born in Chicopee, Massachusetts, in 1955. He earned his doctorate at the Massachusetts Institute of Technology in 1983 and is a professor at Columbia University. His 2003 model of the economy, built from the decisions of households and businesses, became the prototype for the models central banks use today. He shares the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Robert E. Hall."
jobTitle: "Professor of Political Economy, Columbia University"
sameAs:
  - https://www.nobelprize.org/prizes/economic-sciences/2026/woodford/facts/
canonical: https://thequantumoflight.com/people/michael-woodford
publication: The Quantum of Light
---

# Michael Woodford

Michael Woodford is an American economist, born in Chicopee, Massachusetts, in 1955. He earned his doctorate at the Massachusetts Institute of Technology in 1983 and is a professor at Columbia University. His 2003 model of the economy, built from the decisions of households and businesses, became the prototype for the models central banks use today. He shares the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Robert E. Hall.

**Professor of Political Economy, Columbia University**

## Coverage

- [undefined](/article/michael-woodford-still-gave-his-exam-the-morning-he-won-the-nobel-prize) - Literary Culture, 2026-11-08
- [undefined](/article/robert-hall-turned-the-question-upside-down-how-a-stanford-economist-won-the-nobel-prize) - Literary Culture, 2026-11-08