Franco Modigliani


Franco Modigliani

Photo from the Nobel Foundation archive.

Franco Modigliani
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1985

Born: 18 June 1918, Rome, Italy

Died: 25 September 2003, Cambridge, MA, USA

Affiliation at the time of the award: Massachusetts Institute of Technology (MIT), Cambridge, MA, USA

Prize motivation: "for his pioneering analyses of saving and of financial markets."

Contribution: Developed sub models of private consumption and the financial sector, studied the consequences for household saving of changes in demography and economic growth, and laid the foundation for the field "corporate finance".

Prize share: 1/1

To cite this section
MLA style: Franco Modigliani – Facts. Nobel Prize Outreach AB 2022. Mon. 24 Jan 2022. <>

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