1981
James Tobin
Picture
(1918 - 2002)
Nationality
American
Area of specialisation
Macro economics
Price Motivation
For his analysis of financial markets and their relations to expenditure decisions, employment, production and prices
Affiliation at the time of Award
Yale University
CONTRIBUTION
The theory of financial markets and their relation to consumption and investment decisions, production, employment and prices
PUBLICATIONS
1, Money, Capital and Other Stores of Value (1961) 2, The Interest – Elasticity of Transactions Demand For Cash (1956) 3, Liquidity Preferences as Behaviour Towards Risk (1958) 4, Estimation of Relationship for Limited Dependent Variable (1958)