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Lawrence Klein

1920–2013

Lawrence Klein (1920–2013) was an American economist who won the Nobel Memorial Prize in Economic Sciences in 1980 for his development of econometric models and their application to economic policy analysis. He pioneered the use of large-scale macroeconomic models, such as the Wharton Econometric Forecasting Model, and was a key figure in the Keynesian tradition, emphasizing empirical rigor and quantitative forecasting.

Economics

The Keynesian Revolution (1947)
An Econometric Model of the United States, 1929–1952 (1955)
The Wharton Econometric Forecasting Model (1967)
Project LINK: An International Economic Model (1976)
Econometric Models as Guides for Decision-Making (1981)
The Economics of Supply and Demand (1983)
Macroeconomics and the Theory of Rational Expectations (1985)
Nobel Lecture: 'Some Economic Scenarios for the 1980s' (1980)

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