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Lawrence Klein
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Lawrence Klein

American economist (1920-2013)

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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.

Quick facts

Born
wd
Place of birth
Omaha wd
Died
wd
Place of death
Gladwyne wd
Citizenship
United States wd
Occupation
economist, university teacher wd
Education
Massachusetts Institute of Technology, University of California, Berkeley, Los Angeles City College, University of Pennsylvania, Omaha Central High School wd

Positions held wd

  • president

Awards wd

  • Adam Smith Award (2004)
  • John Bates Clark Medal (1959)
  • Prize in Economic Sciences in Memory of Alfred Nobel (1980)
  • honorary doctor of the University of Vienna
  • National Medal of Science
  • Distinguished Fellow of the American Economic Association
  • Fellow of the Econometric Society (1948)
  • doctor honoris causa of Keiō University
  • honorary doctorate of the Autonomous University of Madrid
  • Fisher-Schultz Lecture
  • honorary doctorate of Paris Nanterre University (1979)
  • honorary doctor of the University of Łódź (1990)

Questions

When was Lawrence Klein born?
Lawrence Klein was born on 14 September 1920 in Omaha.
What positions has Lawrence Klein held?
Positions held by Lawrence Klein include: president.
Where did Lawrence Klein study?
Lawrence Klein was educated at Massachusetts Institute of Technology, University of California, Berkeley, Los Angeles City College, University of Pennsylvania.

Sources

  1. Wikipedia (English): Lawrence Klein · CC BY-SA 4.0
  2. Wikidata item Q295761 · CC0 1.0
  3. Image: Lawrence Robert Klein.jpg by AshokanMtn (CC BY-SA 4.0)

Last updated · facts checked 6 November 2026

Cite this page

"Lawrence Klein". DigiNepal. Last updated 1 November 2026. https://diginpl.com/people/lawrence-klein. Retrieved 6 November 2026.

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Text from the Wikipedia article Lawrence Klein, licensed under CC BY-SA 4.0. This page's text is shared under the same licence. Facts from Wikidata (CC0). Image: Lawrence Robert Klein.jpg — AshokanMtn, CC BY-SA 4.0.

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