Titlebook: James Tobin; Robert W. Dimand Book 2014 Palgrave Macmillan, a division of Macmillan Publishers Limited 2014 econometrics.economic growth.e

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Consumption, Rationing and Tobit Estimation Tobin as an Econometrician,lso Purvis 1982, 1991, Myhrman 1982), James Tobin was also actively engaged in empirical economics from his second published paper and his dissertation onward (Tobin 1942, 1947) to such later empirical studies as Tobin and Brainard (1977, 1992). His dissertation and several of his early articles inv

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Portfolio Balance, Money Demand, and Money Creation,papers on food demand and rationing) put him on the path to receiving the John Bates Clark Medal in 1955, awarded by the American Economic Association every two years to an American economist under the age of 40 who has already made significant contributions to knowledge (the only previous winners w

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Money and Long-Run Economic Growth, despite his continuing interest in growth throughout his career. Tobin’s early work placed him near the origins of modern growth economics. Robert Solow (2004, 657). recalls that Tobin “published ‘A Dynamic Aggregative Model’ at just the time when I was working on economic growth, so I recognized a

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To Improve the World: Limiting the Domain of Inequality,citation. His keen devotion to the reduction of poverty, inequality, and discrimination is less well known. This commitment extended beyond academic research: at the Tobin memorial at Yale in April 2002, political scientist Robert Dahl recalled how he and Tobin had spent the “Freedom Summer” of 1964