Franco Modigliani
Economist and Nobel Prize laureate
Born
June 18th, 1918
107 years ago
Died
September 25th, 2003
21 years ago — 85 years old
Category
Thinkers & Philosophers
Country
United States
Links & References
Born in Italy, an economist and academic contributed significantly to economic theory. Played a key role in developing the life-cycle hypothesis of savings, influencing how individuals plan for retirement. His work laid the groundwork for understanding consumer behavior and capital markets. The research led to numerous developments in macroeconomic policy and personal finance. Received the Nobel Prize in Economic Sciences in 1985 for his contributions to economic analysis.
Developed the life-cycle hypothesis of savings
Awarded the Nobel Prize in Economic Sciences in 1985
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