AMERICAN AND SWEDE SHARE NOBEL PRIZE

STOCKHOLM, Sweden (AP) _ A Norwegian and an American share this

year's Nobel Prize for economics.

Finn Kydland and Edward Prescott have been honored for their

work in determining the consistency of economic policy and the

driving force behind business cycles worldwide.

The 60-year-old Kydland, of Norway, teaches at Carnegie Mellon

University in Pittsburgh and the University of California at Santa

Barbara. Prescott is 63 and is at Arizona State University in

Tempe. He's also part of the Federal Reserve Bank of Minneapolis.

The selection of an American continues a five-year streak in the

economics area.

The Royal Swedish Academy of Sciences says the two men made

fundamental contributions not only in macroeconomic analysis, but

also for the practice of monetary and fiscal policy in many

countries. They'll share about one-point-three million dollars.