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- -10-11-04 Nobel Prize in Economics Awarded (Fox News)
"Finn E. Kydland, 60, of Norway, teaches at Carnegie Mellon University (search) in Pittsburgh and the University of California at Santa Barbara (search)."
"Edward C. Prescott, 63 — the fifth American to receive the economics award since 2000 — teaches at Arizona State University (search) in Tempe, Ariz., and serves as an adviser to the Federal Reserve Bank of Minneapolis"
. "The pair received Nobel Memorial Prize in Economic Sciences for their work that showed that driving forces behind business cycle fluctuations and the design of economic policy are key areas in macroeconomic research."
"Kydland and Prescott made fundamental contributions to macroeconomic analysis and the practice of monetary and fiscal policy in many countries, the Royal Swedish Academy of Sciences said in its citation." 10-04
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