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CEE Biographies

Ragnar Frisch

  In 1969 Norwegian Ragnar Frisch, along with Dutch economist Jan Tinbergen, received the first Nobel Prize for economics “for having developed and applied dynamic models for the analysis of economic processes.” Frisch received his prize for his pioneering work in econometric modeling and measurement; indeed, Frisch invented the word “econometrics” to refer to the […]

Lawrence Robert Klein

Lawrence R. Klein received the Nobel Prize in 1980 for “the creation of economic models and their application to the analysis of economic fluctuations and economic policies.” Klein began model building while still a graduate student. After getting his Ph.D. from MIT, he moved on to the Cowles Commission for Research in Economics, which was […]

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