Quotes by Lawrence R. Klein - Page 1

I, Lawrence Klein, was born in Omaha, Nebraska, as were my elder brother and younger sister.
Lawrence R. Klein /
Sister
Brother
Nebraska
Omaha
Younger Sister
Younger
Elder
Lawrence
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On the way from Chicago, I spent the summer of 1947 in Ottawa, helping to build the first of a series of econometric models for the Canadian government.
Lawrence R. Klein /
Chicago
Helping
Models
Ottawa
Series
Summer
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It came as a surprise to find that a professional society and journal (Econometrica) were flourishing, and I entered this area of study with great enthusiasm.
Lawrence R. Klein /
Enthusiasm
Flourishing
Journal
Study
Surprise
Area
Came
Entered
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An early fascination with higher mathematics at the university level blossomed into speculative thinking that could provide a basis for dealing with economic issues.
Lawrence R. Klein /
Economic
Fascination
Higher
Thinking
University
Basis
Blossomed
Dealing
Early
Provide
Speculative
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Although I was not aware of it at the time, the experience of growing up during the Great Depression was to have a profound impact on my intellectual and professional career.
Lawrence R. Klein /
Great Depression
Impact
Professional Career
Time Experience Great
Although
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After my first visit to Japan, in 1960, to work on a joint model building project at Osaka University, I maintained a continuing interest in the country and the entire Far East.
Lawrence R. Klein /
Continuing
East
Japan
University
Far East
Project
Model
Joint
Maintained
Visit
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The completion of my undergraduate training at the University of California (Berkeley) provided just the needed touches of rigor at advanced levels in both economics and mathematics.
Lawrence R. Klein /
Berkeley
California
Completion
Levels
Rigor
Undergraduate
University
Advanced
Provided
University Of California
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During the early 1960s, I decided to supplement research support for quantitative economic studies at Pennsylvania by selling econometric forecasts to private and public sector buyers.
Lawrence R. Klein /
Buyers
Decided
Forecasts
Pennsylvania
Public Sector
Research
Selling
Quantitative
Sector
Studies
Supplement
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The SSRC committee turned attention from team research for building a model of the United States to doing one for world trade in order to investigate the international transmission mechanism.
Lawrence R. Klein /
International
Mechanism
Research
Transmission
World Trade
Committee
Model
Investigate
Turned
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The funds from the sale were put into research and general teaching budgets at the university. Wharton Econometric Forecasting Associates, Inc., is now a growing enterprise with many model and other econometric facilities.
Lawrence R. Klein /
Associates
Budgets
Enterprise
Forecasting
Research
University
Facilities
Model
Funds
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My early education was in the public school system of Omaha, where, retrospectively, I realize that my high school training served me in good stead for the basic subjects of mathematics, English, foreign languages and history.
Lawrence R. Klein /
Omaha
Public School
School System
Subjects
Training
Education History Good
Basic
English
Languages
Foreign Languages
Served
Stead
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Lawrence R. Klein Quotes - Page 1

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