After obtaining his doctorate in 1944 this economist taught at  various Universities before settling at MIT, where he taught from  1962 on.
After obtaining his doctorate in 1944 this economist taught at  various Universities before settling at MIT, where he taught from  1962 on. Among his many accomplishments in his field include the  construction of a model US economy for the Federal Reserve System,  a new definition of the market value of stock which depended on the  investor's expectations of the company's future earnings, and the  "life-cycle" theory of personal savings. For 10 points name this  man, winner of the 1985 Nobel Prize, who shares his name with a  painter.
After obtaining his doctorate in 1944 this economist taught at  various Universities before settling at MIT, where he taught from  1962 on.
Franco Modigliani