Eighth Lecture

The Department of Economics

The Grunberg Lecture Series

The Eighth Lecture - Thursday, April 20, 1995

Benjamin Franklin Professor of Economics, Emeritus University of Pennsylvania 1980 Nobel Prize in Economics " Defining an Appropriate Role for Macroeconomic Policy" Professor Klein received the Nobel Prize for his work on statistical models of the economy and the application of those models to the analysis of economic policies and fluctuations in business cycles. He pioneered the development of the Wharton School model: an important computer based system for economic forecasting. His topic relates to today's concern about the role of both the Federal Reserve and the budget deficit on the economy.

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(Click a lecture for more information.)

•      The First Lecture, 1988, Herbert A. Simon (Nobel 1978)
•      The Second Lecture, 1989, William Cooper (Von Neumann Medal 1982)
•      The Third Lecture, 1990, Franco Modigliani (Nobel 1985)
•      The Fourth Lecture, 1991, Richard Cyret
•      The Fifth Lecture, 1992, James Tobin (Nobel 1981)
•      The Sixth Lecture, 1993, Robert Solow (Nobel 1987)
•      The Seventh Lecture, 1994, Kenneth Arrow (Nobel 1972)
•      The Ninth Lecture, 1996, Harry M. Markowitz (Nobel 1990)
•      The Tenth Lecture, 1997, Douglas C. North (Nobel 1993)
•      The Eleventh Lecture, 1998, James A. Mirrlees (Nobel 1996)
•      The Twelfth Lecture, 1999, Robert W. Fogel (Nobel 1993)
•      The Thirteenth Lecture, 2000, Herbert A. Simon (Nobel 1977)
•      The Fourteenth Lecture, 2001, Joseph Stiglitz (Nobel 2001)
•      The Fifteenth Lecture, 2002, James A. Heckman (Nobel 2000)
•      The Sixthteenth Lecture, 2004, Vernon L. Smith (Nobel 2002)
•      The Seventeenth Lecture, 2006, Finn Kydland (Nobel 2004)
•      The Eighteenth Lecture, 2008, George Akerlof (Nobel 2001)