1918 - 2002
James Tobin American Economist
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James Tobin is a member of the following lists: American military personnel of World War II, Harvard University alumni and United States Navy officers.
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Details
| First Name |
James
|
| Last Name |
Tobin
|
| Birthday |
5th March, 1918
|
| Birthplace |
Champaign, Illinois, USA
|
| Died |
11th March, 2002
|
| Place of Death |
New Haven, Connecticut, US
|
| Zodiac Sign |
Pisces
|
| Nationality |
American
|
| Occupation |
Economist
|
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known Tobit model.