Edward C. Prescott
E143891
Edward C. Prescott was an American economist and Nobel laureate renowned for his work on real business cycle theory and time consistency in economic policy.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Edward C. Prescott canonical | 9 |
| Edward Prescott | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1229782 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Edward C. Prescott Context triple: [Finn E. Kydland, doctoralAdvisor, Edward C. Prescott]
-
A.
Robert Lucas Jr.
Robert Lucas Jr. was an influential American economist and Nobel laureate known for developing rational expectations theory and shaping modern macroeconomics within the Chicago School tradition.
-
B.
Finn E. Kydland
Finn E. Kydland is a Norwegian economist and Nobel laureate renowned for his work on time consistency in economic policy and the driving forces behind business cycles.
-
C.
Arnold Harberger
Arnold Harberger is an influential American economist known for his work on welfare economics, cost-benefit analysis, and the measurement of deadweight loss, and as a prominent figure of the Chicago School of economics.
-
D.
David Romer
David Romer is an influential American macroeconomist known for his work on New Keynesian economics, advanced macroeconomic theory, and widely used graduate-level textbooks.
-
E.
Milton Friedman
Milton Friedman was a prominent American economist and Nobel laureate known for his advocacy of free-market capitalism, monetarism, and limited government intervention in the economy.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Edward C. Prescott Target entity description: Edward C. Prescott was an American economist and Nobel laureate renowned for his work on real business cycle theory and time consistency in economic policy.
-
A.
Robert Lucas Jr.
Robert Lucas Jr. was an influential American economist and Nobel laureate known for developing rational expectations theory and shaping modern macroeconomics within the Chicago School tradition.
-
B.
Finn E. Kydland
Finn E. Kydland is a Norwegian economist and Nobel laureate renowned for his work on time consistency in economic policy and the driving forces behind business cycles.
-
C.
Arnold Harberger
Arnold Harberger is an influential American economist known for his work on welfare economics, cost-benefit analysis, and the measurement of deadweight loss, and as a prominent figure of the Chicago School of economics.
-
D.
David Romer
David Romer is an influential American macroeconomist known for his work on New Keynesian economics, advanced macroeconomic theory, and widely used graduate-level textbooks.
-
E.
Milton Friedman
Milton Friedman was a prominent American economist and Nobel laureate known for his advocacy of free-market capitalism, monetarism, and limited government intervention in the economy.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
Nobel laureate in Economics
ⓘ
economist ⓘ human ⓘ |
| academicDegree |
Bachelor of Arts
ⓘ
Master of Science ⓘ PhD in Economics ⓘ |
| awardReceived |
Nobel Memorial Prize in Economic Sciences
ⓘ
Nobel Memorial Prize in Economic Sciences ⓘ
surface form:
Nobel Prize in Economics 2004
|
| causeOfDeath | cancer ⓘ |
| citizenship | American ⓘ |
| countryOfCitizenship | United States of America ⓘ |
| dateOfBirth | 1940-12-26 ⓘ |
| dateOfDeath | 2022-11-06 ⓘ |
| doctoralAdvisor | Karl Brunner NERFINISHED ⓘ |
| doctoralStudent | Finn E. Kydland ⓘ |
| educatedAt |
CMU
ⓘ
surface form:
Carnegie Mellon University
Case Western Reserve University ⓘ Swarthmore College ⓘ |
| employer |
Arizona State University
ⓘ
CMU ⓘ
surface form:
Carnegie Mellon University
Federal Reserve Bank of Minneapolis ⓘ University of Minnesota ⓘ |
| familyName | Prescott ⓘ |
| fieldOfWork |
economic policy
ⓘ
macroeconomics ⓘ real business cycle theory ⓘ |
| givenName | Edward ⓘ |
| knownFor |
dynamic macroeconomics
ⓘ
real business cycle theory ⓘ time inconsistency of optimal plans ⓘ |
| languageOfWorkOrName | English ⓘ |
| memberOf |
American Academy of Arts and Sciences
ⓘ
Econometric Society ⓘ National Academy of Sciences ⓘ |
| notableIdea |
real business cycle models
ⓘ
time consistency in economic policy ⓘ |
| notableWork |
real business cycle theory
ⓘ
time consistency of economic policy ⓘ |
| occupation |
economist
ⓘ
university teacher ⓘ |
| placeOfBirth |
Glens Falls, New York
ⓘ
surface form:
Glens Falls, New York, United States of America
|
| placeOfDeath |
Paradise Valley, Arizona, United States
ⓘ
surface form:
Paradise Valley, Arizona, United States of America
|
| positionHeld |
Regents Professor at Arizona State University
ⓘ
professor of economics ⓘ senior monetary adviser at Federal Reserve Bank of Minneapolis ⓘ |
| sexOrGender | male ⓘ |
| sharesAwardWith | Finn E. Kydland ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Edward C. Prescott Description of subject: Edward C. Prescott was an American economist and Nobel laureate renowned for his work on real business cycle theory and time consistency in economic policy.
Referenced by (10)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Edward Prescott