Finn Kydland and Edward Prescott: Business Cycles and Time-consistent Economic Policy

Finn Kydland and Edward Prescott have made fundamental contributions to the research area known as macroeconomics. In a highly innovative way, the Laureates have analyzed the design of economic policy and the driving forces behind business cycles. Their work has not only transformed economic research, but has also profoundly influenced the practice of economic policy in general, and monetary policy in particular.

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Year of publication:	2004-10-11
Authors:	Committee, Nobel Prize
Institutions:	Nobel Prize Committee
Subject:	Business Cycles \| Time Consistency

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Extent:	text/html
Series:	Nobel Prize in Economics documents.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Nobel Prize in Economics documents Number 2004-2 1 pages
Classification:	E00 - Macroeconomics and Monetary Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005069928