Finn E. Kydland

Finn E. Kydland
Finn Erling Kydland (born December 1, 1943) is a Norwegian economist. He is the co-recipient of the 2004 Nobel Memorial Prize in Economics (shared with Edward C. Prescott), "for their contributions to dynamic macroeconomics: the time consistency of economic policy and the driving forces behind business cycles". Education started out slowly for Finn. As a primary school student he only went to school twice a week in the first three years and three times a week during the remaining ones. But his thirst for further education required early independence and as a 15-year old he already lived in a rented a room during the week, given the distance between home and the nearest high school. When time came to decide about which university degree to pursue, Finn decided he needed some more time to think about it and meanwhile took on a one-year teaching position at an elementary school. A colleague encouraged him to take a correspondence course in accounting and then hired him as his accountant. This experience gave him insight in what it meant to run a business, and by the end of the year, he had decided to apply to the Norwegian School of Economics and Business Administration, NHH. An economics professor at NHH eased his way into economics asking him to be his research assistant. That is when Finn started doing research in economics and he has not stopped since.









