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Franco Modigliani (18 June 1918 – 25 September 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign , Carnegie Mellon University , and MIT Sloan School of Management .
Franco Modigliani - Wikipedia
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Franco Modigliani (18 June 1918 – 25 September 2003) was an Italian-American economist and the recipient of the 1985 Nobel Memorial Prize in Economics. He was a professor at University of Illinois at Urbana–Champaign , Carnegie Mellon University , and MIT Sloan School of Management .
Franco Modigliani, (born June 18, 1918, Rome, Italy—died September 25, 2003, Cambridge, Massachusetts, U.S.), Italian-born American economist and educator who received the Nobel Prize for Economics in 1985 for his work on household savings and the dynamics of financial markets. Modigliani was the son of a Jewish physician. He initially studied law, but he fled fascist Italy in 1939 for the ...
Franco Modigliani was born in Rome, Italy. Following the rise of fascism in his native country, he moved to Paris with his future wife Serena and her family. He returned to Rome in 1939 in order to receive his Ph.D. from the University of Rome. Shortly after, he and Serena applied for an immigration visa for the United States.
Franco Modigliani: An Italian-American Keynesian economist. Modigliani was born in 1918 in Rome and won the Nobel Memorial Prize in Economics in 1985. One of Modigliani's contributions to ...
Franco Modigliani Biographical . I was born in Rome, Italy, the son of Enrico Modigliani and Olga Flaschel. My father was a leading pediatrician in the city and my mother was a volunteer social worker. My school performance in the early years was good though not outstanding.
- Life Cycle Hypothesis of Savings Part 2 - Franco ModiglianiYouTube
- 1986 Killian Award Lecture: Franco Modigliani Part 1YouTube
- Franco Modigliani, Italy and 20th Century Economics (Lect. 1) - Nobel Laureates Lecture 1996YouTube
What determines how much we save?ubs.com
Being acknowledged as one of greatest minds of the 20th century didn’t stop Franco Modigliani from challenging his friends and visitors in a sporting fashion - every encounter started with a friendly tennis game. A nice opening to far more complex matters because, with Modigliani, things never stayed on the peripheries.
The Modigliani–Miller theorem (of Franco Modigliani, Merton Miller) is an influential element of economic theory; it forms the basis for modern thinking on capital structure. [1] The basic theorem states that in the absence of taxes, bankruptcy costs, agency costs, and asymmetric information, and in an efficient market, the enterprise value ...
Franco Modigliani and his life-cycle theory of saving. I would explain that Modigliani had noted that one of the most important motives for putting money aside was the need to provide for retirement. Young people will save so that when they are old and either cannot or do not wish to work, they will have money to spend. This start did
Franco Modigliani, an American born in Italy, received the 1985 Nobel Prize on the basis of two contributions. The first is “his analysis of the behavior of household savers.” In the early 1950s Modigliani, trying to improve on Keynes’s consumption function, which related consumption spending to income, introduced his “life cycle” model of consumption. […]
The Modigliani Professorship of Financial Economics, an endowed chair, was established in 1995. Born on June 18, 1918, Modigliani was the son of a pediatrician and a volunteer social worker. Modigliani, who is Jewish, met his future wife, Serena Calabi, through his involvement with student anti-Fascist activists in the early 1930s.
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