The SSRC committee turned attention from team research for building a model of the United States to doing one for world trade in order to investigate the international transmission mechanism.
More Quotes from Lawrence R. Klein:
An early fascination with higher mathematics at the university level blossomed into speculative thinking that could provide a basis for dealing with economic issues.Lawrence R. Klein
I, Lawrence Klein, was born in Omaha, Nebraska, as were my elder brother and younger sister.
Lawrence R. Klein
Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.
Lawrence R. Klein
The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities.
Lawrence R. Klein
On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a series of econometric models for the Canadian government.
Lawrence R. Klein
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