Professor Finn Erling Kydland, Nobel Prize in Economics 2004, has been named Honorary Member of ASEPELT.
Finn Erling Kydland (Bjerkreim, Norway, December 1, 1943) has a degree from the Norwegian School of Economics and a doctorate from Carnegie Mellon University. Currently, he 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.
Professor Kydland was jointly awarded the Nobel Prize in Economics with the Arizona State University professor Edward C. Prescott for their contributions to dynamic macroeconomics and, in particular, for their research on the time inconsistency of optimal economic policy and the forces that drive economic growth business cycles.