William Nordhaus, a renowned economist from Yale University who won the Nobel Prize in 2018 for his work on climate change economics, has passed away at the age of 85. His contributions to the field greatly shaped the understanding of economic implications of climate change, particularly through the DICE model.

Eesti Pank, the national bank of Estonia, has awarded its prestigious research awards, recognizing exceptional contributions from emerging economists. Milen Arro-Cannarsa won the doctoral category, while the Master’s category saw four joint winners: Igor Mohhov, Heli Song, Jiahao Zhu, and Asko Tamm.

The European Central Bank (ECB) has decided to keep its three key interest rates unchanged amid rising energy prices that pose risks to both inflation and economic growth.

Christine Lagarde, President of the European Central Bank (ECB), officially announced her resignation date, which is set for February 7, 2027. 

Dr. Joseph W. Glauber, former USDA chief economist and research fellow at IFPRI, has been awarded the 2026 Lifetime Achievement Award by CAST for his significant contributions to agricultural science and policy analysis. 

Wharton School welcomes nine new faculty members, including Thomas Sargent, a Nobel Prize-winning economist, who returns as the Rowan Distinguished Professor of Finance. Sargent expresses enthusiasm for collaborating with students and faculty, emphasizing the rewards of research in economics.

The Ford School of Public Policy at the University of Michigan has appointed Catherine Hausman as its inaugural Lenore K. and Robert Damrauer Professor, a new position focused on energy economics and environmental policy.

David Vaillant has been appointed as Managing Director and Chief Financial Officer of the World Bank Group, bringing over two decades of experience in finance from BNP Paribas. 

Robert E. Hall and Michael Woodford have been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026 for their contributions to the microeconomic foundations of macroeconomic stabilization.

The American Economic Association (AEA) has announced its newly elected officers for the year 2027. 

Newcastle University has appointed economist Andy Haldane as the first Professorial Fellow of its newly established Institute of Devolution, which aims to enhance regional growth and public policy through insights on devolution. 

The International Monetary Fund (IMF) has announced the appointment of Isabel Schnabel as its new Financial Counsellor and Director of the Monetary and Capital Markets Department (MCM), effective January 4, 2027. 

The London School of Economics has awarded Professor Paul Dolan the prestigious Aristotelis Mistakidis Chair in Behavioural Science, funded by a generous gift from LSE alumnus Aristotelis Mistakidis. Dolan is recognized for his influential research on wellbeing and decision-making.

The Kiel Institute has announced Pierre-Olivier Gourinchas, former Chief Economist of the IMF and current Professor at UC Berkeley, as the recipient of the prestigious 2026 Bernhard Harms Prize. His work on global imbalances and international capital flows has been pivotal in reshaping economic understanding in times of fiscal challenges.

Nobel laureate Michael Kremer has been appointed as the Chief Economist of the World Bank Group, effective October 1, 2026. 

This year’s Hermann Heinrich Gossen Prize was awarded to Christopher Roth (University of Cologne).

Rory Stewart, former UK cabinet minister and diplomat, has been appointed as Professor in Practice in the Department of International Relations at the London School of Economics. His role aims to bridge academic studies with the realities of policy-making and global issues. 

Dr. Paul Sagar, a Reader in Political Theory at King’s College London, has been awarded the prestigious British and Ireland Association for Political Thought (BIAPT) Mid-Career Prize for his significant contributions to political theory and pedagogy. 

The School of Social Sciences and Philosophy at Trinity College Dublin has welcomed seventeen new academic staff across its four departments for the year 2026, including six in the Economics Department and four in Political Science.

The Kyiv School of Economics has appointed Yulia Svyrydenko as the new head of KSE Business School, aiming to enhance business education in Ukraine amid rapid global changes and the ongoing war.

The Inter-American Development Bank (IDB) has unveiled the recipients of the 2026 Young Economist Award, acknowledging the remarkable contributions of young scholars in economics.

Seth Zimmerman has been named the Eli and Edythe Broad Professor of Economics, Education, and Management at Yale, recognized for his impactful research in labor economics and education.

In a star-studded handover led by genuine Nobel Laureates, researchers Dr. Paul Piff, Daniel Stancato, Stéphane Côté, Rodolfo Mendoza-Denton, and Dacher Keltner were awarded the 2026 Ig Nobel Prize in Economics. 

The Competition and Markets Authority (CMA) has appointed 12 new independent members to its inquiry panel, aimed at enhancing its expertise in regulatory matters. The new appointees, who have extensive backgrounds in business, economics, and law, will begin their terms in September and October 2026, replacing members whose terms are expiring. 

Maynooth University has announced the appointment of Professor David Cuberes as the new Head of the Department of Economics, effective September 1, 2026. He succeeds Dr. Aedín Doris. Professor Cuberes is known for his research in urban economics and economic growth.