Edward C. Prescott
American economist (1940-2022)
Edward Christian Prescott (December 26, 1940 — November 6, 2022) is an American economist. He received the Nobel Prize in Economics in 2004, sharing the award with Finn E. Kydland, "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles".
Edward C. Prescott | |
|---|---|
 Prescott in 2015 | |
| Born | December 26, 1940 Glens Falls, New York, U.S. |
| Died | November 6, 2022 (aged 81) |
| Nationality | United States |
| Institution | Australian National University (ANU) Arizona State University Carnegie Mellon University Federal Reserve Bank of Minneapolis Federal Reserve Bank of Richmond Northwestern University University of Minnesota University of Pennsylvania University of California, Santa Barbara University of Chicago New York University |
| School or tradition | New classical economics |
| Alma mater | Swarthmore College Case Western Reserve University Carnegie Mellon University |
| Doctoral advisor | Michael C. Lovell |
| Doctoral students | Costas Azariadis Gary Hansen Finn Kydland V. V. Chari Fernando Alvarez[1] |
| Influences | Morris H. DeGroot Robert Lucas, Jr. John Muth |
| Contributions | Real Business Cycle theory Time consistency in economic policy |
| Awards | Nobel Prize in Economics (2004) |
| Information at IDEAS / RePEc | |
In August 2014, Prescott was appointed as an Adjunct Distinguished Economic Professor at the Australian National University (ANU) in Canberra, Australia.
Prescott died on November 6, 2022 at the age of 81.[2]
Other websites change
- Federal Reserve Bank of Minneapolis
- Nobel Foundation
- "Edward C. Prescott (1940– )". The Concise Encyclopedia of Economics. Library of Economics and Liberty (2nd ed.). Liberty Fund. 2008.
References change
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