Lawrence R. Klein
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980
Born: 14 September 1920, Omaha, NE, USA
Died: 20 October 2013, Gladwyne, PA, USA
Affiliation at the time of the award: University of Pennsylvania, Philadelphia, PA, USA
Prize motivation: "for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies."
Contribution: Analysis of the effects of macroeconomic policy by econometric model building. He also made important contributions in developing fore-casting techniques.
Prize share: 1/1