FINN E. KYDLAND

BIRTH AND DEATH

Birth: 12/1/1943     Death:

OCCUPATION

scientist

BIOGRAPHY SUMMARY

Finn Erling Kydland is a Norwegian economist known for his contributions to business cycle theory. He is the Henley Professor of Economics at the University of California, Santa Barbara. He also holds the Richard P. Simmons Distinguished Professorship at the Tepper School of Business of Carnegie Mellon University, where he earned his PhD, and a part-time position at the Norwegian School of Economics (NHH). Kydland was a co-recipient of the 2004 Nobel Memorial Prize in Economics, with Edward C. Prescott, for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.

NOTABLE WORK

real business cycle theory

WHY THEY MATTER

Finn E. Kydland is recognized for his pioneering work in dynamic macroeconomics, particularly in the areas of time consistency of economic policy and the driving forces behind business cycles. His research, which led to a Nobel Memorial Prize in Economics in 2004, has significantly advanced our understanding of policy-making and economic fluctuations. Kydland's academic positions at prestigious institutions such as the University of California, Santa Barbara, Carnegie Mellon University, and the Norwegian School of Economics further underscore his intellectual prowess and influence in the field of economics.

FAMOUS QUOTE

WIKIPEDIA PAGE

Wikipedia Page