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James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities.
James Tobin passed away in 2002. "He made fundamental, lasting. contributions to the study of private consumption behavior, the theory of economic. growth, the theory of banking and financial intermediation, and the theory. empirics of portfolio allocation" [Buiter, 2002]. Tobin "is probably best known" to.
Mar 11, 2002 · Died: 11 March 2002, New Haven, CT, USA. Affiliation at the time of the award: Yale University, New Haven, CT, USA. Prize motivation: “for his analysis of financial markets and their relations to expenditure decisions, employment, production and prices”. Prize share: 1/1.
Mar 12, 2002 · March 12, 2002. James Tobin, winner of the 1981 Nobel Prize in economics, honored professor at Yale University and one of the most influential economists of his times, died March 11 at the age of 84.
Margaret Edgerton Tobin, now in her ninetieth year, was a social worker who, after a sixteen-year interruption for marriage and family, resumed her career in the relief emergency of 1932 and directed the family service agency of Champaign-Urbana, Illinois, for the next quarter century.
Mar 13, 2002 · Tobin returned to Harvard after the war, earning his doctorate in 1947, and stayed on as a junior fellow. He left in 1950 to join the Yale faculty as an associate professor of economics.
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The American economist passed away on March 11, 2002. The Portfolio Selection Theory was established by James Tobin and was the work that won him the Nobel Prize in Economics. The theory outlines the impacts of the changes in financial markets on corporations and individual’s investment decisions.
