Finn E. Kydland

Finn E. Kydland

Jeff Henley Professor of Economics, University of California, Santa Barbara. The Richard P. Simmons Distinguished Professorship; University Professor of Economics, Tepper School of Business, Carnegie Mellon University. Adjunct Professor, NHH. Nobel Laureate 2004. PhD, Carnegie Mellon University 1973.

Finn E. Kydland’s research interests include dynamic macroeconomic theory and business cycles, international economics, labor economics and public economics. In 2004, Kydland and Professor Edward C. Prescott were awarded The Nobel Prize for Economics “for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.”

“They have made fundamental contributions to these areas of great significance, not only for macroeconomic analysis, but also for the practice of monetary and fiscal policy in many countries,” stated the Royal Swedish Academy of Sciences. Professor Kydland graduated from NHH in 1968. After a couple of years as a research assistant, he went to the US where he received his PhD. In the mid 1970’s he returned to NHH and a position as Associate professor. In this period, Kydland and visiting professor Prescott did important parts of the work that eventually would result in the Nobel Prize. Kydland has been an Adjunct professor at NHH since 1993.