The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004

Finn E. Kydland

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Prize share: 1/2

Edward C. Prescott

Photo from the Nobel Foundation archive.

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"

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MLA style: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2004. NobelPrize.org. Nobel Prize Outreach 2025. Tue. 24 Jun 2025. <https://www.nobelprize.org/prizes/economic-sciences/2004/summary/>

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