Monday, October 21, 2013

Lawrence R. Klein, 1920-2013


I am sad to report that Lawrence R. Klein has passed away. He was in many respects the father of modern econometrics and empirical macroeconomics; indeed his 1980 Nobel Prize citation was "for the creation of econometric models and their application to the analysis of economic fluctuations and economic policies." He was also a dear friend and mentor to legions of Penn faculty and students, including me. I am grateful to him for many things, including his serving on my Penn Ph.D. dissertation committee nearly thirty years ago.

You can find a beautiful and fascinating autobiographical essay written in 1980, and updated in 2005, here.

Check back during the coming days as I update this post with additional links and materials.

Update 1: KLEIN LAWRENCE, October 20, 2013, of Gladwyne, Pa. Husband of Sonia (nee Adelson). Father of Hannah Klein, Rebecca (James) Kennedy, Rachel (Lyle) Klein and Jonathan (Blandina) Klein. Also survived by 7 grandchildren and 4 great-grandchildren. Services and Interment are private. Relatives and friends are invited to the residence of Mrs. Sonia Klein Wednesday, October 23, 2-4 P.M. AND Saturday, October 26, 2-4 P.M. (only). Contributions in his memory may be made to the University of Pennsylvania Department of Economics.

Update 2: Extensive New York Times obituary here.

Update 3: Penn Economics memorial statement here.

Update 4: Saturday 26 October Financial Times Weekend will contain an extensive obituary.