Professor Finn E. Kydland
Economics 2004
Finn Kydland is the Jeff Henley Professor of Economics at the University of California, Santa Barbara (UCSB).
He was awarded the 2004 Nobel Prize for Economic Sciences. Professor Kydland received his B.A. from the Norwegian School of Economics and Business Administration (NHH in Norwegian), and his Ph.D. from Carnegie Mellon University (CMU).
After previous appointments at NHH, CMU, and the University of Texas, he joined the UCSB faculty in 2004, where he is also the director of the Laboratory for Aggregate Economics and Finance. He is an Adjunct Professor at CMU, NHH, and University of Stavanger, and a Research Associate for the Federal Reserve Banks of Dallas and St. Louis. He was elected a Fellow of the Econometric Society in 1992.
Professor Kydland was awarded the Nobel Prize jointly with Professor Edward Prescott of Arizona State University, who received the award for their research on business cycles and macroeconomic policy, specifically, the driving forces behind business cycles and the time inconsistency of economic policy. More recently, Professor Kydland has conducted research on the role of monetary policy in the aggregate economy, domestically as well as internationally, including in Ireland and Argentina.
