Franco Modigliani (1918-)
Premiu Nobel 1985
Nascut la Roma, emigreaza in Statele Unite la
inceputul celui de-al doilea razboi mondial. Profesor la Universitatile din
Columbia, Illinois,
Carnegie I.T., Northwestern si Massachussets I.T.
Elev al lui Jacob
Marschak, in teza sa de doctorat din 1944 propune ceea ce va fi nucleul
sintezei neokeynesiane al macroeconomiei postbelice. In 1953 propune modelul
ciclului vital pentru a explica functia agregata de consum. Contribuie la teoria
banilor cu teorema Modigliani-Miller in1958.
Lucrari ale lui Franco Modigliani
- "Liquidity Preference and the Theory of Interest
and Money", 1944, Econometrica.
- "Utility Analysis and the Consumption Function: An
interpretation of cross section data", in colaborare cu R.
Brumberg, 1954,
en Kurihara, editor, Post Keynesian Economics.
- "The Cost of Capital, Corporation Finance and the
Theory of Investment", 1958, in colaborare cu M.H. Miller,
AER
- "New Developments on the Oligopoly Front",
1958, AER.
- "Corporate Income Taxes and the Cost of Capital: A
correction", in colaborare cu M.H. Miller, 1963, AER.
- "The Life Cycle Hypothesis of Saving", in
colaborare cu A. Ando, 1963, AER.
- "The Monetary Mechanism and its Interaction with
Real Phenomena", 1963, REStat.
- "The Pasinetti Paradox in Neoclassical and More
General Models", in colaborare cu P. Samuelson, 1966, RES.
- "Monetary Policy and Consumption", 1971, in Consumer
Spending and Monetary Policy.
- "The Monetarist Controversy or should we forsake
stabilization policies", 1977, AER.
- "Toward an Understanding of the Real Effects and
Costs of Inflation", in colaborare cu S.Fischer 1979, WWA.
- "Life Cycle, Individual Thrift and the Wealth of
Nations", 1986, AER.
- "The Role of Intergeneration Transfers and Life-Cycle
Saving in the Accumulation of Wealth", 1988, JEP.
Franco Modigliani pe Internet