Edward C Prescott Biography

Economist(1940–)
Economist Edward C. Prescott won the 2004 Nobel Prize in Economics for his study of central bank policy and business cycles.

Synopsis

Born on December 26, 1940, Edward C. Prescott attended Swarthmore College, Case Western Reserve University and Carnegie Mellon University. He returned to Carnegie Mellon to teach in 1971, where he met co-author Finn E. Kydland. Together and separately, they developed theories on central bank policy and business cycles that earned them the 2004 Nobel Prize in Economics.

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