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Finn E. Kydland is a Norwegian economist and professor, born on December 1, 1943, in Ålgård, Norway. He is primarily known for his work on the Real Business Cycle Theory and Time consistency in economic policy. Kydland received his education at the Norwegian School of Economics, Carnegie Mellon University, and the Tepper School of Business.
Kydland's doctoral advisor was Edward C. Prescott, another notable economist. Both Kydland and Prescott were co-recipients of the 2004 Nobel Memorial Prize in Economic Sciences for their work on business cycles and macroeconomic policy. Kydland's primary academic disciplines are economics and macroeconomics, and he is an influential figure in these fields due to his research and groundbreaking work on the Real Business Cycle Theory.
