“The unfortunate uselessness of most ‘state of the art’ academic monetary economics”
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Finn Erling Kydland is a Norwegian economist known for his contributions to business cycle theory. He is the Henley Professor of Economics at the University of California, Santa Barbara. He also holds the Richard P. Simmons Distinguished Professorship at the Tepper School of Business of Carnegie Mellon University, where he earned his PhD, and a part-time position at the Norwegian School of Economi…
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science · Norwegian economist and Nobel Laureate (born 1943) · economist · professor · scientist · university teacher · also Finn E. Kydland, Finn Erling Kydland, Kydland
Born 1 December 1943 · Q211097
14 published statements · 0 followers
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“The unfortunate uselessness of most ‘state of the art’ academic monetary economics”
Text from Wikiquote, available under CC BY-SA 4.0.
Awarded the Nobel Prize in Economic Sciences — for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles.
Awarded Prize in Economic Sciences in Memory of Alfred Nobel (2004).
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Awarded Fellow of the Econometric Society (1992).
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“The Rational Expectations Revolution: An Assessment”
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“Business cycles: Real facts and a monetary myth.”
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“Does the Stock Market Rationally Reflect Fundamental Values?”
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“Rational Expectations and Macroeconomics in 1984”
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“Rational Expectations and the Reconstruction of Macroeconomics”
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Moved back to Carnegie Mellon as an associate professor
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Where he served as a Professor of Economics until 2004, when he became a faculty member of the University of California, Santa Barbara and founded the Laboratory for Aggregate Economics and Finance (LAEF) at this same in
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And a PhD in economics from Carnegie Mellon in 1973, dissertation: Decentralized Macroeconomic Planning, supervised by Edward C
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With whom he had four children: Jon Martin, Eirik, Camilla, and Kari
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Born 1943-12-01.
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