On Lawrence R. Klein's Contributions to Economics

Abstract

This survey was originally prepared at the request of the Prize Committee for the Nobel Prize in Economics.** It constitutes a record and assessment of the work and influence of Lawrence Klein. Rather than simply attempting to catalogue his work seriatim, it is divided into three main sections. Section I looks at his work as a chronological story which is intended to put into historical context the vast list of his published work. In Section II his contributions to economics are reviewed under three headings of economic theory, statistical methods and econometric model building. Finally, Section III attempts a broader assessment of his influence on the economics profession.

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