Finn E. Kydland Net Worth

Background and career

Finn Erling Kydland (born 1 December 1943) 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 is also University Professor of Economics and Richard P. Simmons Distinguished Professor Emeritus at the Tepper School of Business of Carnegie Mellon University, where he earned his PhD, and has a part-time position at the Norwegian School of Economics (NHH). Kydland was a co-recipient of the 2004 Nobel Memorial Prize in Economics, with Edward C. Prescott, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles."