Edward C. Prescott photograph

Edward C. Prescott

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Gender Male
DeathDied last year
Date of birth December 26,1940
Zodiac sign Capricorn
Born Glens Falls
New York
United States
Doctoral advisorMichael C. Lovell
ContributionsReal Business Cycle theory
Time consistency
ChildrenEdward Simpson Prescott
Job Professor
Economist
Awards Erwin Plein Nemmers Prize in Economics
Alexander Henderson Award
Guggenheim Fellowship for Social Sciences, US & Canada
Nobel Memorial Prize in Economic Sciences
ContributReal Business Cycle theory; Time consistency in economic policy
Doctor advisorMichael C. Lovell
Education Carnegie Mellon University
Notable student Finn E. Kydland
Fernando Alvarez
Dirk Krüger
DiedParadise Valley
Arizona
United States
Date of died November 6,2022
Influencees Finn E. Kydland
Fumio Hayashi
Rajnish Mehra
Date of Reg.
Date of Upd.
ID481430
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Edward C. Prescott Life story


Edward Christian Prescott was an American economist. He received the Nobel Memorial 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".

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