“for his pioneering analyses of saving and of financial markets”
Franco Modigliani was an Italian-American economist affiliated with the Massachusetts Institute of Technology. He is known for his work on saving behavior and financial markets, including the life-cycle hypothesis and the Modigliani-Miller theorem. He was awarded the Nobel Prize in Economic Sciences in 1985 for his pioneering analyses of saving and of financial markets.
- Field
- Business & Economics · Financial Economics
- Lifespan
- 1918–2003