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more general categories information about this item 10. Noble Prize 10. Noble Prize Economics (81) 11. Award Year 11. Award Year 1980s (97) 1980 (11) 12. Winner Type 12. Winner Type Person (904) 13. Gender 13. Gender Male (853) 14. Birth Year 14. Birth Year 1920s (114) 1920 (11) 15. Place of Birth 15. Place of Birth North America (290) United States (268) Midwestern states (70) Nebraska (4) Omaha (2) 16. Death Year 16. Death Year 2010s (99) 2013 (18) 17. Place of Death 17. Place of Death North America (223) United States (214) Middle Atlantic states (25) Pennsylvania (4) Gladwyne (1) 19. Given Name 19. Given Name L-R (240) L (30) 20. Family Name 20. Family Name E-K (239) K (52) 23. Religion 23. Religion Religious group (353) Judaism (160) 24. Age at Award Time 24. Age at Award Time 60 - 69 (252) 61 (32) 32. Occupations 32. Occupations Life, Physical, and Social Science Occupations (601) Social Scientists and Related Workers (87) Economists (76) 33. Ethnic Origins 33. 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Memberships 44. Memberships A-D (656) A (635) American Academy of Arts and Sciences (531) American Philosophical Society (126) E-P (571) N (352) National Academy of Sciences (334) R-T (460) R (448) Romanian Academy (6) Russian Academy of Sciences (144) 45. Other Awards 45. Other Awards A-B (362) A (285) Adam Smith Award (9) C-D (404) D (194) Distinguished Fellow of the American Economic Association (41) doctor honoris causa (31) E-F (439) F (394) Fellow of the Econometric Society (72) I-J (268) J (208) John Bates Clark Medal (12) M-N (333) N (205) National Medal of Science (101) complete name: Lawrence Klein nobel prize: economics award year: 1980 prize share: Prize share: 1/1 rational: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980 was awarded to Lawrence R. Klein "for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies." biography: Biography laureate facts: Facts given name: Lawrence family name: Klein occupation: scientist occupation: economist occupation: university teacher field of work: economics work location: University of Michigan, 503 Thompson Street, Ann Arbor, MI, 48109, United States of America description: Lawrence Klein was an American economist. For his work in creating computer models to forecast economic trends in the field of econometrics in the Department of Economics at the University of Pennsylvania, he was awarded the Nobel Memorial Prize in Economic Sciences in 1980 specifically "for the creation of econometric models and their application to the analysis of economic fluctuations and economic policies." Due to his efforts, such models have become widespread among economists. Harvard University professor Martin Feldstein told the Wall Street Journal that Klein "was the first to create the statistical models that embodied Keynesian economics," tools still used by the Federal Reserve Bank and other central banks. image copyright: Photo from the Nobel Foundation archive. image citation: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1980. NobelPrize.org. Nobel Media AB 2018. <https://www.nobelprize.org/prizes/economic-sciences/1980/summary/> date birth: 1920 date death: 2013 usual name: Lawrence Klein
