Lawrence Klein

Lawrence Klein Biography.com

Economist(1920–)
American economist Lawrence Klein’s work in developing macroeconometric models won him the 1980 Nobel Prize in Economic Sciences.

Synopsis

Lawrence Klein was born Sept. 14, 1920 in Omaha, Nebraska. One of his earliest successes was in forecasting economic conditions at the end of World War II. His research produced increasingly sophisticated models of economic activity. The Wharton Models found wide use in forecasting gross national product, investment, and consumption. His work won him the 1980 Nobel Prize in Economic Sciences.

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