Modigliani, Franco.

Alternative names
Dates:
Birth 1918-06-18
Death 2003-09-25
Italians
Italian

Biographical notes:

Economist.

From the description of Franco Modigliani papers, 1936-2005 and n.d. (bulk 1970s-2003) (Duke University Library). WorldCat record id: 62256414

  • 1918 June 18: Born in Rome, Italy
  • circa 1935: Entered the University of Rome (Law)
  • 1938: Emigrated to Paris, France
  • 1939 May: Married Serena Calabi
  • 1939: Returned to Rome and received the Juris Doctorate, University of Rome
  • 1939 Aug.: Emigrated to the United States
  • 1939: Awarded free tuition fellowship by the Graduate Faculty of Political and Social Science of the New School for Social Research (Fall)
  • 1942: Instructor in Economics and Statistics, New Jersey College of Women
  • 1942 - 1944 : Instructor, Associate in Economics and Statistics, Bard College
  • 1943 - 1944 : Lecturer in Mathematical Economics and Econometrics, New School for Social Research
  • 1944: Publication of his first article: "Liquidity Preference and the Theory of Interest and Money," Econometrica, Vol. 12, No. 1, January 1944
  • 1944: Doctor of Social Science, New School for Social Research, New York
  • 1945 - 1948 : Research Associate and Chief Statistician, Institute of World Affairs, New School for Social Research, New York
  • 1946 - 1948 : Assistant Professor of Mathematical Economics and Econometrics, New School for Social Research, New York
  • 1948: Awarded the Political Economy Fellowship of the University of Chicago
  • 1949 - 1954 : Research Consultant, Cowles Commission for Research in Economics, University of Chicago
  • 1949: Associate Professor of Economics, University of Illinois
  • 1950 - 1952 : Professor of Economics, University of Illinois
  • 1952 - 1960 : Professor of Economics and Industrial Administration, Carnegie Institute of Technology (now Carnegie-Mellon University)
  • 1953: Published with H. Neisser National Incomes and International Trade, University of Illinois Press, Chicago
  • 1955: Fulbright Lecturer, Universities of Rome and Palermo, Italy
  • 1957 - 1958 : Visiting Professor of Economics, Harvard University
  • 1958: Publication of "New Developments on the Oligopoly Front," Journal of Political Economy, vol. 66, June 1958
  • 1958: Published with M. H. Miller "The Cost of Capital, Corporation Finance and the Theory of Investment," American Economic Review, vol. 48, June 1958
  • 1960 - 1961 : Visiting Professor of Economics, Massachusetts Institute of Technology
  • 1960 - 1962 : Professor of Economics, Northwestern University
  • 1962 - 2003 : Professor of Economics and Finance, Massachusetts Institute of Technology
  • 1962: Elected President of the Econometric Society
  • 1963: Publication with Albert K. Ando of "The 'Life Cycle' Hypothesis of Saving: Aggregate Implications and Tests," American Economic Review, vol. 53, March 1963.
  • 1969 - 1973 : Member, Comitato per le Scienze Politiche e Sociali (COSPOS), representing SSRC
  • 1970 - 1988 : Institute Professor, Massachusetts Institute of Technology
  • 1974 - 2003 : Member, Consiglio Italiano per le Scienze Sociali
  • 1975 - 1976 : President-Elect and President of the American Economic Association
  • 1985: Awarded Alfred Nobel Memorial Prize in Economic Science
  • 1987: Published The European Economic Recovery - A Need for New Policies?
  • 1988 - 2003 : Professor Emeritus, Massachusetts Institute of Technology
  • 2001: Published memoirs, Adventures of an Economist (first published in Italian)
  • 2003 Sept. 25: Died in Boston at age 85
  • 2004: Posthumous publication with Arun Muralidhar of Rethinking Pension Reform

From the guide to the Franco Modigliani Papers, 1936-2005 and undated, bulk 1970s-2003, (David M. Rubenstein Rare Book & Manuscript Library, Duke University)

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Subjects:

  • Mortgages
  • Economists--Correspondence
  • Interest rates--Econometric models
  • Speculation--Econometric models
  • Economics--Methodology
  • Economic stabilization
  • Inflation (Finance)
  • Economists
  • Economic history 20th century
  • Credit--Econometric models
  • Monetary policy--Econometric models
  • Social security--Econometric models
  • Fiscal policy
  • Savings accounts--Econometric models
  • Pension trusts
  • International finance
  • Econometrics
  • Economics--Study and teaching (Higher)

Occupations:

not available for this record

Places:

  • United States (as recorded)
  • European Economic Community countries (as recorded)
  • Italy (as recorded)