Franco Modigliani
Franco Modigliani was an influential Italian-American economist who made groundbreaking contributions to the fields of economics and finance. Born in 1918 in Rome, he is best known for his work on the life-cycle hypothesis of savings and the Modigliani-Miller theorem, which revolutionized corporate finance theory. Modigliani received the Nobel Prize in Economic Sciences in 1985 for his analysis of household savings and the effects of monetary policy on economic activity. His intellectual legacy continues to shape economic thought, and he is remembered for his profound insights into the mechanics of financial markets and consumer behavior.
Born on Jun 18, 1918 (107 years old)
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Argentina:
Franco Modigliani arrived in Argentina to learn about the success of the Plan Austral.
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Italy:
Franco Modigliani was a colleague of Stan Fischer at MIT.
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