Franco Modigliani (1918-2003)

Awarded the Prize “for his pioneering analyses of saving of financial markets.”

America economist. Modigliani was born on June 18, 1918 in Rome. He studied at the University of Rome. Moving to the USA, he obtained his Ph.D. at the School of Social Research in New York in 1944. He was appointed to Chair of Economics at the University of Illinois in 1949 in 1952 to the Chair of Industrial Administration at the Carnegie Institute. Since 1962 he has held the post of Professor of Economics Finance at the Massachusetts Institute of Technology. Modigliani died on September 25, 2003 in Cambridge, Massachusetts, USA.
Major Works:
National Income International Trade (1953); Liquidity Preference the Theory of Interest Money (1944); National Income International Trade (1944); Collected Papers of Franco Modigliani (1980)