Announced: Professor Finn E. Kydland

Posted on the 21st January 2017 by Ieva


Warwick Economics Summit 2017 is delighted to announce that Professor Finn E. Kydland, Nobel Laureate in Economic Science (2004), will address the audience at the event.

Awarded the 2004 Nobel Prize in Economic Science, Professor Finn E. Kydland has made notable contributions to dynamic macroeconomics. In two joint papers with Edward C. Prescott, Prof. Kydland shed light on new approaches to the analysis of macroeconomic development, at a time where economists were still struggling with the impact of the US depression. Through his research, he not only transformed the analysis of time-inconsistency in economic policy but also brought to attention the driving forces behind business cycles. His revolutionary work gave rise to the new-Keynesian business cycle analysis and has made a great impact on the practice of economic and monetary policy.

Initially intending to pursue a career in business, Prof. Kydland received his BSc at the Norwegian School of Economics (NHH) in 1968. It was then that Sten Thorne, a professor at NHH, asked Prof. Kydland to be his research assistant, and thus he went on to pursue a career in academia. He received his PhD from Carnegie Mellon University in 1973, where his future Nobel-winning partner, Edward C. Prescott, was his dissertation advisor. He is currently the Henley Professor of Economics at the University of California, Santa Barbara, a faculty he joined in 2004. Prof. Kydland has also authored multiple books, including “Argentina’s Recovery and ‘Excess’ Capital Shallowing of the 1990s” (2002).

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