“During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers.”
Quote by Lawrence Klein
Author
Lawrence Klein
Lawrence Klein, born on September 14, 1920, and died on October 20, 2013, was an outstanding economist from the United States. He made significant contributions to the field of economics, particularly in the areas of econometrics and macroeconomic policy analysis. Klein was awarded the Nobel Prize in Economics in 1980 for his pioneering work in economic forecasting and econometrics. more