Finn Kydland and Edward Prescott received The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for 2004. (Commonly referred to as the Nobel prize by everyone except Nobel purists.) This is a good choice. I'm very partial to their 1977 JPE paper on time consistency. They also had the groundbreaking 1982 Econometrica paper which is a classic in the stochastic general equilibrium literature.
A while back the Minneapolis Fed printed an interview with Prescott. Well worth reading.
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