Edward C. Prescott

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Edward C. Prescott
Prescott in 2015
Born(1940-12-26)December 26, 1940
DiedNovember 6, 2022(2022-11-06) (aged 81)
NationalityUnited States
InstitutionAustralian 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
New classical economics
Alma materSwarthmore College
Case Western Reserve University
Carnegie Mellon University
Michael C. Lovell
Costas Azariadis
Gary Hansen
Finn Kydland
V. V. Chari
Fernando Alvarez[1]
InfluencesMorris H. DeGroot
Robert Lucas, Jr.
John Muth
ContributionsReal Business Cycle theory
Time consistency in economic policy
AwardsNobel Prize in Economics (2004)
Information at IDEAS / RePEc

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".

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 | change source]

  • 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 | change source]

  1. Timothy J. Kehoe Workshop
  2. Ed Prescott has passed away