Finn Kydland

Finn Kydland is the Jeffrey Henley Professor of Economics at the University of California, Santa Barbara, and the Richard P. Simmons Professor of Economics (part-time) at Carnegie Mellon University (CMU), since 2013 at CMU-Q in Doha, Qatar.  Professor Kydland received his B.A. from the Norwegian School of Economics (abbreviated NHH in Norwegian), and his Ph.D. from CMU.  After previous appointments at NHH, CMU, and the University of Texas at Austin, he joined the UCSB faculty in 2004, where he is also the director of the Laboratory for Aggregate Economics and Finance.  He is a Research Associate for the Federal Reserve Bank of Dallas.
Professor Kydland was awarded the Nobel Prize in Economics in 2004 jointly with Professor Edward Prescott of Arizona State University.  Professors Kydland and Prescott received the Prize 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 aspects of the role of monetary policy, domestically as well as internationally, on the sources of the unusually sluggish recovery from the 2008-09 great recession, and on the virtual full stop in productivity growth in Spain, Italy, and Portugal since the early-to-mid 1990s.