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.
Read more about Lawrence Klein: Life and Career, Publications
Famous quotes containing the word lawrence:
“Oh, somewhere in this favored land the sun is shining bright,
The band is playing somewhere, and somewhere hearts are light;
And somewhere men are laughing, and somewhere children shout,
But there is no joy in MudvilleMighty Casey has struck
out.”
—Ernest Lawrence Thayer (18631940)