Professor Kydland received the Nobel Prize for his work on business cycles and macroeconomic policy. His innovative research with his colleague Edward Prescott on the causes of economic fluctuations has shifted the perspective to technology and other shocks as the driving forces. Their work on macroeconomic decision making has established the importance of credibility and political feasibility in monetary and fiscal policy. Dr. Kydland will discuss the role of government by reviewing the similar but different policies and paths taken by Ireland and Argentina as they each struggled to move from deep recession back to economic growth. The lessons learned are relevant to us in N.E. Ohio.

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(Click a lecture for more information.)

• The First Lecture, 1988, Herbert A. Simon (Nobel 1978)
• The Second Lecture, 1989, William Cooper (Von Neumann Medal 1982)
• The Third Lecture, 1990, Franco Modigliani (Nobel 1985)
• The Fourth Lecture, 1991, Richard Cyret
• The Fifth Lecture, 1992, James Tobin (Nobel 1981)
• The Sixth Lecture, 1993, Robert Solow (Nobel 1987)
• The Seventh Lecture, 1994, Kenneth Arrow (Nobel 1972)
• The Eight Lecture, 1995, Lawrence Klein (Nobel 1980)
• The Ninth Lecture, 1996, Harry M. Markowitz (Nobel 1990)
• The Tenth Lecture, 1997, Douglas C. North (Nobel 1993)
• The Eleventh Lecture, 1998, James A. Mirrlees (Nobel 1996)
• The Twelfth Lecture, 1999, Robert W. Fogel (Nobel 1993)
• The Thirteenth Lecture, 2000, Herbert A. Simon (Nobel 1977)
• The Fourteenth Lecture, 2001, Joseph Stiglitz (Nobel 2001)
• The Fifteenth Lecture, 2002, James A. Heckman (Nobel 2000)
• The Sixthteenth Lecture, 2004, Vernon L. Smith (Nobel 2002)
• The Seventeenth Lecture, 2006, Finn Kydland (Nobel 2004)