This is the anniversary of Wassily Leontief born August 5, 1905 in Munich and died February 5, 1999 in New York City is a Soviet-American economist and Nobel laureate in economics in 1973. Born in Munich, Germany, Leontief received his MA at the University of Leningrad in 1924, at the age of 19. After being arrested several times for his opposition to communism, he is allowed to leave the country. He continued his studies at the Humboldt University of Berlin, where he obtained his doctorate in 1928 and then he went to study at the business school HEC Paris where he will be part of the elite. He moved to the United States in 1931, working first for the National Bureau of Economic Research, before joining Harvard University in 1932, the same year he married the poet Estelle Marks. In 1946 he became professor of economics. In 1948, he founded the Harvard Economic Research Project and was its director until 1973 From 1949, he uses the first available Harvard computers to model the data provided by the Bureau of Labor Statistics, by dividing the economy American 500 in sectors, each sector being represented by a linear equation. In 1973, he received the Nobel Prize in economics for his work on input-output analysis. He joined the New York University in 1975, founded and directs the Center for Economic Analysis. He died in New York, February 5, 1999, aged 93. Leontief is the author of works on the inter-industry analysis, which will develop the input-output tables of inter-industry trade (TEI) or (IO) tables. he tries to save the HOS approach by reinterpreting the HOS approach comes from the Heckscher-Ohlin-Samuelson it is also the base of the Leontief paradox, Leontief demonstrated with give consideration to its calculation HOS hypothesis is after him and his false calculation.
Posted on: Tue, 05 Aug 2014 18:45:28 +0000
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