Ragnar Frisch

Ragnar Anton Kittil Frisch
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen).wikipedia
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Jan Tinbergen

JanTinbergenJ. Tinbergen
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen).
He was awarded the first Nobel Memorial Prize in Economic Sciences in 1969, which he shared with Ragnar Frisch for having developed and applied dynamic models for the analysis of economic processes.

Econometrics

econometriceconometricianeconometric analysis
He is known for being one of the founders of the discipline of econometrics, and for coining the widely used term pair macroeconomics/microeconomics in 1933.
Ragnar Frisch is credited with coining the term in the sense in which it is used today.

Nobel Memorial Prize in Economic Sciences

Nobel Prize in EconomicsNobel PrizeEconomics
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen).
It was first awarded in 1969 to Dutch and Norwegian economists Jan Tinbergen and Ragnar Frisch, "for having developed and applied dynamic models for the analysis of economic processes".

University of Oslo Faculty of Law

Faculty of Law, University of OsloFaculty of LawFaculty of Law of the Royal Frederick University
Frisch was appointed by the King-in-Council as Professor of Economics and Statistics at the Faculty of Law, The Royal Frederick University in 1931.
The faculty offers education and conducts research in both law and in related areas such as criminology and sociology of law, and historically also in economics (its former Dean, Ragnar Frisch, was awarded the first Nobel Memorial Prize in Economic Sciences).

Macroeconomics

macroeconomicmacroeconomistmacroeconomic policy
He is known for being one of the founders of the discipline of econometrics, and for coining the widely used term pair macroeconomics/microeconomics in 1933.
Macroeconomics and microeconomics, a pair of terms coined by Ragnar Frisch, are the two most general fields in economics.

Norway

NorwegianKingdom of NorwayNOR
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen).
Prominent academics include Arne Næss, a philosopher and founder of deep ecology; Johan Galtung, the founder of peace studies; Nils Christie and Thomas Mathiesen, criminologists; Fredrik Barth, a social anthropologist; Vilhelm Aubert, Harriet Holter and Erik Grønseth, sociologists; Tove Stang Dahl, a pioneer of women's law; Stein Rokkan, a political scientist; and economists Ragnar Frisch, Trygve Haavelmo, and Finn E. Kydland.

Frisch family

The Frisch family had emigrated from Germany to Kongsberg in Norway in the 17th century and his ancestors had worked for the Kongsberg Silver Mines for generations; Ragnar's grandfather Antonius Frisch had become a goldsmith in Christiania in 1856.
Its most famous member is Ragnar Frisch, the first Nobel laureate in economics.

Microeconomics

microeconomicmicroeconomic theoryprice theory
He is known for being one of the founders of the discipline of econometrics, and for coining the widely used term pair macroeconomics/microeconomics in 1933.
The difference between microeconomics and macroeconomics was introduced in 1933 by the Norwegian economist Ragnar Frisch, the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969.

Irving Fisher

FisherIrving FischerFisher, Irving
There, seeking other economists interested in the new mathematical and statistical approaches to economics, he associated with Irving Fisher, Wesley Clair Mitchell, Allyn Young and Henry Schultz.
A leading early proponent of econometrics, in 1930 he founded, with Ragnar Frisch and Charles F. Roos the Econometric Society, of which he was the first president.

Nadia Hasnaoui

1938 ). His granddaughter, Nadia Hasnaoui (Ragna's child), became a Norwegian television performer.
Her maternal grandfather was Nobel Prize–winning economist Ragnar Frisch.

Bredtveit Prison

Bredtveit concentration campBredtveitBredtvet concentration camp
During the occupation of Norway by Nazi Germany Frisch was imprisoned in Bredtveit concentration camp from 17 October 1943, then in Berg concentration camp from 22 November 1943, then in Grini detention camp from 9 December 1943 to 8 October 1944.
People incarcerated at Bredtveit during the war included several professors arrested during the crackdown on the University of Oslo in October 1943: Johan Christian Schreiner, Odd Hassel, Ragnar Frisch, Johannes Andenæs, Carl Jacob Arnholm, Bjørn Føyn, Eiliv Skard, Harald K. Schjelderup and Anatol Heintz.

Frisch–Waugh–Lovell theorem

Frisch–Waugh theoremFWL theorempartialed out
With Frederick V. Waugh, he introduced the celebrated Frisch–Waugh theorem (Econometrica 1933) (sometimes referred to as the Frisch–Waugh–Lovell theorem).
In econometrics, the Frisch–Waugh–Lovell (FWL) theorem is named after the econometricians Ragnar Frisch, Frederick V. Waugh, and Michael C. Lovell.

Econometric Society

The Econometric SocietyFellow of the Econometric SocietyFellow
He was one of the founders of the Econometric Society and editor of Econometrica for over twenty years.
The sixteen founding members were Ragnar Frisch, Charles F. Roos, Joseph A. Schumpeter, Harold Hotelling, Henry Schultz, Karl Menger, Edwin B. Wilson, Frederick C. Mills, William F. Ogburn, J. Harvey Rogers, Malcolm C. Rorty, Carl Snyder, Walter A. Shewhart, Øystein Ore, Ingvar Wedervang and Norbert Wiener.

Frisch Medal

Ragnar Frisch Medal
The Frisch Medal, so named in his honor, is given every two years for the best paper published in the aforementioned Econometrica in the previous five years.
The award was named in honor of Ragnar Frisch, first co-recipient of the Nobel prize in economics and editor of Econometrica from 1933 to 1954.

University of Oslo

Royal Frederick UniversityUniversity of ChristianiaOslo University
However at his mother's advice, while doing his apprenticeship Frisch also started studying at the Royal Frederick University.
The Nobel prize in Economics was awarded to Ragnar Frisch.

Trygve Haavelmo

Haavelmo, Trygve
After attending Oslo Cathedral School, Haavelmo received a degree in economics from the University of Oslo in 1930 and eventually joined the Institute of Economics with the recommendation of Ragnar Frisch.

Conjectural variation

conjecture of Nash
In oligopoly theory he developed the conjectural variation approach.
The notion of conjectures has maintained a long history in the Industrial Organization theory ever since the introduction of Conjectural Variations Equilibria by Arthur Bowley in 1924 and Ragnar Frisch (1933) (a useful summary of the history is provided by Giacoli ).

Econometrica

With Frederick V. Waugh, he introduced the celebrated Frisch–Waugh theorem (Econometrica 1933) (sometimes referred to as the Frisch–Waugh–Lovell theorem).
Its first editor was Ragnar Frisch, recipient of the first Nobel Memorial Prize in Economic Sciences in 1969, who served as an editor from 1933 to 1954.

Economist

economistseconomicsgovernment economist
Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was a Norwegian economist and the co-recipient of the first Nobel Memorial Prize in Economic Sciences in 1969 (with Jan Tinbergen).

King-in-Council

Queen-in-CouncilGovernor-in-Councilin-Council
Frisch was appointed by the King-in-Council as Professor of Economics and Statistics at the Faculty of Law, The Royal Frederick University in 1931.

Oslo

KristianiaChristianiaOslo, Norway
Ragnar Frisch was born on 3 March 1895 in Christiania as the son of gold- and silversmith Anton Frisch and Ragna Fredrikke Frisch (née Kittilsen).

Goldsmith

goldsmithinggoldsmithsgold
Ragnar Frisch was born on 3 March 1895 in Christiania as the son of gold- and silversmith Anton Frisch and Ragna Fredrikke Frisch (née Kittilsen).

Silversmith

silversmithingsilversmithssilver
Ragnar Frisch was born on 3 March 1895 in Christiania as the son of gold- and silversmith Anton Frisch and Ragna Fredrikke Frisch (née Kittilsen).

Kongsberg

Kongsberg, NorwaySimrad
The Frisch family had emigrated from Germany to Kongsberg in Norway in the 17th century and his ancestors had worked for the Kongsberg Silver Mines for generations; Ragnar's grandfather Antonius Frisch had become a goldsmith in Christiania in 1856.