2004 - Nobel Prize for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles
2004 - Nobel Memorial Prize laureates in Economics for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.
1992 - Fellows of the Econometric Society
Business cycle, Microeconomics, Macroeconomics, General equilibrium theory and Econometrics are his primary areas of study. The Backus–Smith puzzle research Finn E. Kydland does as part of his general Business cycle study is frequently linked to other disciplines of science, such as Period, therefore creating a link between diverse domains of science. In general Microeconomics study, his work on Dynamic inconsistency often relates to the realm of Aggregate, thereby connecting several areas of interest.
His Macroeconomics research is multidisciplinary, incorporating perspectives in Monetary economics and Keynesian economics. Finn E. Kydland combines subjects such as Terms of trade and Labour economics with his study of General equilibrium theory. His work on Econometric model as part of general Econometrics research is frequently linked to Technology shock, bridging the gap between disciplines.
Finn E. Kydland mainly investigates Monetary economics, Business cycle, Monetary policy, Econometrics and Inflation. His research integrates issues of Capital and Investment in his study of Monetary economics. His Business cycle research integrates issues from Money supply, Microeconomics and Ask price.
His research in Monetary policy tackles topics such as Debt which are related to areas like New Keynesian economics. His work deals with themes such as Task, Terms of trade and General equilibrium theory, which intersect with Econometrics. His General equilibrium theory study deals with Relative price intersecting with Productivity.
Finn E. Kydland mostly deals with Monetary economics, Monetary policy, Investment, Interest rate and Inflation. His study looks at the relationship between Monetary policy and topics such as Debt, which overlap with New Keynesian economics and General equilibrium theory. His studies examine the connections between Investment and genetics, as well as such issues in Nominal interest rate, with regards to Disinflation, Stagflation and Price level.
His studies in Interest rate integrate themes in fields like Total factor productivity, Business cycle and Capital accumulation. His Business cycle study frequently draws parallels with other fields, such as Econometrics. His work in the fields of Inflation, such as Real interest rate and Inflation targeting, intersects with other areas such as Macro and Work.
His primary areas of investigation include Investment, Monetary economics, Business cycle, Inflation and Monetary policy. His research on Investment concerns the broader Macroeconomics. His research investigates the connection with Business cycle and areas like Nominal interest rate which intersect with concerns in Price level and Econometrics.
His work carried out in the field of Inflation brings together such families of science as Nominal yield, Debt and General equilibrium theory. His General equilibrium theory research is multidisciplinary, incorporating elements of Credit channel, Value and Asset. His studies deal with areas such as Capital and Shock as well as Monetary policy.
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Rules Rather than Discretion: The Inconsistency of Optimal Plans
Finn E. Kydland;Edward C. Prescott.
Journal of Political Economy (1977)
TIME TO BUILD AND AGGREGATE FLUCTUATIONS
Finn E. Kydland;Edward C. Prescott.
Econometrica (1982)
International Real Business Cycles
David K. Backus;Patrick J. Kehoe;Finn E. Kydland.
Journal of Political Economy (1992)
Business Cycles: Real Facts and a Monetary Myth
Edward C. Prescott;Finn E. Kydland.
The Quarterly review (1990)
Dynamics of the Trade Balance and the Terms of Trade: The S-Curve
David Backus;Patrick J. Kehoe;Finn E. Kydland.
National Bureau of Economic Research (1992)
International Business Cycles: Theory and Evidence
David K. Backus;Patrick J. Kehoe;Finn E. Kydland.
Research Papers in Economics (1993)
The Gold Standard As a Rule: An Essay in Exploration
Michael D. Bordo;Finn E. Kydland.
Explorations in Economic History (1995)
Dynamic optimal taxation, rational expectations and optimal control
Finn E. Kydland;Edward C. Prescott.
Journal of Economic Dynamics and Control (1980)
The Computational Experiment: an Econometric Tool
Finn E. Kydland;Edward C. Prescott.
Journal of Economic Perspectives (1996)
The Econometrics of the General Equilibrium Approach to Business Cycles
Finn E. Kydland;Edward C. Prescott.
The Scandinavian Journal of Economics (1991)
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