Frisch, Ragnar

Frisch, Ragnar (räng`när frĭsh), 1895–1973, Norwegian economist, corecipient with Jan Tinbergen of the first Nobel Memorial Prize in Economic Sciences (1969). Educated at the Univ. of Oslo (M.A., 1919; Ph.D., 1926), Frisch was briefly a visiting professor at Yale (1930). In 1931 he returned to the Univ. of Oslo as professor of economics, a post he held until his retirement (1965). While at the university, he helped to found (1931) the Econometric Society and was editor (1933–55) of the journal Econometrica. A major figure in the development of econometrics, Frisch did much to facilitate the application of statistics to economic theory.

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Frisch, Ragnar (Anton Kittil)

(born March 1895, Oslo, Nor.—died Jan. 31, 1973, Oslo) Norwegian economist. He received his Ph.D. from the University of Oslo and taught there from 1931 to 1965. He was a pioneer of econometrics and one of the founders of the Econometric Society. He is famous for the development of large-scale econometric modeling linked to economic planning and national income accounting. In 1969 he shared the first Nobel Prize in Economics with Jan Tinbergen.