Lawrence Klein

Lawrence Klein

Lawrence Robert Klein (born September 14, 1920) is an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics at the Wharton School of the University of Pennsylvania, he was awarded the Nobel Memorial Prize in Economic Sciences in 1980. Specifically "for the creation of economic models and their application to the analysis of economic fluctuations and economic policies." Due to his efforts, such models have become widespread among economists.

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