The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004
Photo from the Nobel Foundation archive.
Finn E. Kydland
Prize share: 1/2
Photo from the Nobel Foundation archive.
Edward C. Prescott
Prize share: 1/2
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004 was awarded jointly to Finn E. Kydland and Edward C. Prescott "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."
Learn more
Nobel Prizes 2020
Twelve laureates were awarded a Nobel Prize in 2020, for achievements that have conferred the greatest benefit to humankind.
Their work and discoveries range from the formation of black holes and genetic scissors to efforts to combat hunger and develop new auction formats.
See them all presented here.
Their work and discoveries range from the formation of black holes and genetic scissors to efforts to combat hunger and develop new auction formats.
See them all presented here.
Explore prizes and laureates
Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.