Abstract
Lawrence Robert Klein, pioneer in economic model building and in econometric forecasting and policy analysis in industry and government, was awarded the Nobel Memorial Prize in economic sciences in 1980. He established the directions and accelerated the development of the theory, methodology and practice of econometric modelling since the 1940s. He provided a training ground in applied econometrics for academicians and practitioners worldwide. Lawrence Klein developed and applied econometric methodology for high-frequency forecasting, using weekly and daily information, and for analysing current world economic issues.
This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume.
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Mariano, R.S. (2021). Klein, Lawrence R. (1920–2013). In: Vernengo, M., Caldentey, E.P., Rosser Jr, B.J. (eds) The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2423-2
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DOI: https://doi.org/10.1057/978-1-349-95121-5_2423-2
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Latest
Klein, Lawrence R. (1920–2013)- Published:
- 25 March 2021
DOI: https://doi.org/10.1057/978-1-349-95121-5_2423-2
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Original
Klein, Lawrence R. (Born 1920)- Published:
- 07 December 2016
DOI: https://doi.org/10.1057/978-1-349-95121-5_2423-1