Marc Nerlove

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Marc Leon Nerlove (born October 12, 1933 ) is an American economist .

Career, research and teaching

Born in 1933 as the son of a Russian-born university professor of microeconomics and a psychology lecturer, Nerlove studied at the University of Chicago , which he left in 1952 as a Bachelor of Arts in mathematics towards Johns Hopkins University . There he graduated as a Master of Arts in 1955 and a Ph.D. the following year. in economics . After a short stay as a research assistant at the University of Chicago, he taught from 1959 as an associate professor at the University of Minnesota . In the following year he received a professorship at Stanford University . In 1965 he followed a call from Yale University , from which he returned to the University of Chicago in 1969. In 1974 he went to Northwestern University , in 1982 to the University of Pennsylvania . Since 1993 he has researched and taught at the University of Maryland , where he is Professor of Agricultural Economics and Natural Resource Economics .

Nerlove's teaching and research are particularly concerned with econometrics . While he teaches econometric basics on the one hand, his examination of the corresponding methods extends to various areas within economics. During his academic career he published, among other things, on time series analyzes and, for example, on seasonal adjustment , regression analyzes and data analyzes, areas of application were, for example, price elasticities in agriculture, the demand for electricity, human capital and exchange rates .

Nerlove received various awards for his work, including the 1969 John Bates Clark Medal . He is a member of the Econometric Society , of which he was President in 1981, the American Statistical Association , the American Academy of Arts and Sciences, and the National Academy of Sciences . He was awarded an honorary doctorate by the University of Mannheim (1982) and the University of Geneva (2000). He also worked as a consultant for the World Bank , the International Food Policy Research Institute and the RAND Corporation .

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