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"
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