Laboratory for Aggregate Economics and Finance

The Laboratory for Aggregate Economics and Finance (LAEF), directed by Professor Finn Kydland, was established to address important questions on growth and fluctuations in national, or aggregate, economies. Five leading macroeconomists from outside UCSB serve as advisors to LAEF, their charge being the identification of timely economic questions, issues and/or anomalies which may be addressed in a conference or workshop setting. In addition to sponsoring conferences and workshops, the Laboratory provides an environment in which to conduct topical research in quantitative aggregate theory by resident and short-term visiting scholars.