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"
Coming up
This year’s Nobel Prize announcements will take place 2–9 October. All announcements will be streamed live here on nobelprize.org.
See the full schedule
See the full schedule
Explore prizes and laureates
Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.