Lawrence Klein

Lawrence Robert 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.

14 September 1920

Born on the same birth date (14 September 1920): Alberto Calderón • Mario Benedetti

Born on the same birth day (14 September): Alan Sheehan • Ayushmann Khurrana • Deshaun Watson • Diadumenian • Francesco Casagrande • Ian Kennedy (legal scholar) • Morten Harket • Renzo Piano • Robert Herjavec • Ronald Lengkeek

Born in the same month (September 1920): Craig Claiborne • Eduardo J. Corso • Fabio Taglioni • Harri Webb • Jack Warden • Jan Carew • Jay Ward • Kenneth McAlpine • Mickey Rooney • Ovadia Yosef • Peter D. Mitchell • Richard Bong • Robert Wood Johnson III • Satish Dhawan • Sergei Bondarchuk • Tereska Torrès • William Conrad