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Center for Investment Studies Distinguished Speaker Series
April 1, 2005
"Rebuilding the Social Security Retirement System"
Presented by Edward C. Prescott, Ph.D.,
2004 Nobel Prize Winner in Economic Sciences
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Edward C. Prescott, Ph.D.
2004 Nobel Prize Winner
in Economic Sciences;
W.P. Carey Chair, Arizona
State University; and
Senior Monetory Advisor,
Federal Reserve Bank of
Minneapolis
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Location:
USC Town & Gown
Cost:
Complimentary
RSVP: see below
Make your reservations early.
Limited seating, first come, first served.
Contact: Ginny You (213) 821-1126
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Location/Directions:
USC Town & Gown
University of Southern California
3415 South Figueroa Street
Los Angeles, CA 90089-0871
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Agenda:
11:00 am - 11:30 am Check-In
11:30 am - 12:00 pm Lunch
12:00 pm - 12:45 pm Presentation
12:45 pm - 01:15 pm Q&A
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Professor Edward C. Prescott, who in the last thirty years has transformed the methods of macroeconomic thinking, currently holds the W.P. Carey Chair Professor in the Department of Economics at the W.P. Carey School of Business of Arizona State University. Earlier, Professor Prescott’s distinguished academic career included University of Pennsylvania, Carnegie Mellon and University of Minnesota. Professor Prescott’s research has involved diverse areas of studies such as business cycles and economic development, general equilibrium theory, methodology and policy and finance. In addition, Professor Prescott is a senior advisor at the Federal Reserve Bank of Minneapolis and a research associate at the National Bureau of Economic Research.
Professor Prescott publishes widely and has received numerous honors and awards. Professors Prescott and Kydland’s findings in Quantitative Aggregate Theory earned them the 2004 Nobel Prize in Economic Sciences. Professor Jörgen Weibull of the Royal Swedish Academy of Sciences described the theory during the Nobel Presentation Speech as ”economic policy design and the driving forces behind business cycles.”
Research is just a part of Professor Prescott’s success as an academic. According to Dr. Robert E. Lucas Jr., 1995 Nobel Laureate in Economics, "His students don't learn to be acolytes of Ed Prescott.” Lucas continued, “They learn to be excellent researchers, to think for themselves."
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