Edward Christian Prescott (1940-2022)
Awarded the Prize “for his contributions to dynamic macroeconomics: the time consistency of economic policy the driving forces behind business cycles.”Edward Christian Prescott was an American Economist born on Dec.26th in New York, USA. He gained his PhD at Carnegie Mellon University in 1967. He was the professor of Arizona State University academician of American Academy of Arts & Sciences. Edward Christian Prescott died on November 6, 2022 in Paradise Valley, AZ, USA.
Major Works:
Obstacles of Getting Rich (2000); Contractual Arrangements under Cross-time Trade (1987)