Princeton Professor Nobuhiro Kiyotaki has been awarded an Honorary Degree of Doctor of Science from the University of Edinburgh for his “significant contribution to current research being undertaken on financial markets, labour markets, and the aggregate economy” and for his “internationally recognized influence as a macroeconomist of the last 30 years.” Professor Kiyotaki was conferred the degree in a ceremony at the university on November 29, 2019. Read more here...

Kiyotaki is one of the key architects of the "New Keynesian Economics" school, which laid the foundation for how economists currently think about business cycles. His professional honors include the 2014 Banque de France-Toulouse School of Economics Senior Prize in Monetary Economics and Finance, the 2010 Stephen A. Ross Prize in Financial Economics, the 1999 EEA Yrjo Jahnsson Award (together with John Moore), and the 1997 JEA-Nakahara Prize. Earlier this year, Kiyotaki was elected to the Econometric Society Council’s Asia Standing Committee.