Finn E. Kydland

Source: Wikipedia, the free encyclopedia.
Finn Erling Kydland
Real Business Cycle Theory
Time consistency in economic policy
Information at IDEAS / RePEc
Academic background
ThesisDecentralized Macroeconomic Planning (1975)

Finn Erling Kydland (born 1 December 1943) is a

Nobel Memorial Prize in Economics,[3] with Edward C. Prescott, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."[4]

Biography

Early years

Kydland grew up as the eldest of six siblings at the family farm in Søyland, Gjesdal, which is located in the Jæren farming region in Rogaland county, southwestern Norway. He recalls having had a liberal upbringing, his parents not imposing many limitations on their children. Finn Kydland became interested in mathematics and economics as a young adult, after he did some bookkeeping at a friend's mink farm.

With a freshly awakened interest in theoretical economics, Kydland earned a

dissertation: Decentralized Macroeconomic Planning, supervised by Edward C. Prescott.[5]
After his PhD he returned to NHH as an assistant professor. In 1978 he moved back to Carnegie Mellon as an associate professor. He has been living in the United States since then.

Scholarship

Kydland's areas of expertise are

.

Personal life

Kydland married Liv Kjellevold in 1968, with whom he had four children; sons, Eirik, Jon Martin, and daughters, Camilla and Kari. He is now married to Tonya Schooler.

Honours and awards

References

  1. .
  2. ^ "UCSB Economics | Giving". Archived from the original on 2009-11-29. Retrieved 2013-04-29.
  3. ^ Frängsmyr, Tore (ed.). "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004 - Finn E. Kydland". www.nobelprize.org. Retrieved 2018-03-28.
  4. .
  5. ^ Nobel Faces, p. 240, at Google Books
  6. ^ "The Cost of Health". The UCSB Current. Retrieved 2018-03-28.
  7. ^ "LAEF".
  8. ^ "Faculty - Finn Kydland". econ.ucsb.edu. Archived from the original on 2018-03-29. Retrieved 2018-03-28.
  9. ^ "Gruppe 7: Samfunnsfag (herunder sosiologi, statsvitenskap og økonomi)" (in Norwegian). Norwegian Academy of Science and Letters. Archived from the original on 27 September 2011. Retrieved 26 October 2009.
  10. ^ "ICC applauds 2018 Business for Peace Award winners - ICC - International Chamber of Commerce". ICC - International Chamber of Commerce. 2018-03-20. Retrieved 2018-03-28.

External links

Awards
Preceded by
Clive W.J. Granger
Laureate of the Nobel Memorial Prize in Economics
2004
Served alongside: Edward C. Prescott
Succeeded by
Thomas C. Schelling