The Laboratory for Aggregate Economics and Finance (LAEF) was established
in July 2005 to address important questions on growth and fluctuations in
national, or aggregate, economies. LAEF is directed by Professor Finn Kydland,
Jeffrey Henley Professor of Economics, and is located in a suite of offices
in the vicinity of the Economics Department. Four 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.
