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.
References in periodicals archive ?
42-43] noted that Fisher [1927] and Ragnar Frisch [1932] obtained a utility function defined up to a linear transformation by assuming that commodity classes can be defined so that the marginal utility of an increment on one class of commodities is independent of the amount of consumption of some other class [cf.
The historical sketch begins to gain in credibility with the account of the contributions of Ragnar Frisch and Michal Kalecki in the early 1930s.
The theory was summarized by Ragnar Frisch in 1936 in a famous review article on index numbers.(2)
The first thing that caught my attention was how extraordinarily productive Ragnar Frisch had been in his academic career; even the more remarkable when much of his wide-ranging work was never published in English.