Ragnar Frisch

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Frisch, Ragnar

(räng`när frĭsh), 1895–1973, Norwegian economist, corecipient with Jan TinbergenTinbergen, Jan
, 1903–94, Dutch economist, co-winner with Ragnar Frisch of the first Nobel Memorial Prize in Economic Sciences (1969). A graduate of Leiden Univ. (1929), he worked (1929–45) with the Dutch government's Central Bureau of Statistics, and was briefly an
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 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 econometricseconometrics,
technique of economic analysis that expresses economic theory in terms of mathematical relationships and then tests it empirically through statistical research.
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, Frisch did much to facilitate the application of statistics to economic theory.