Evsey domar biography of abraham

Evsey David Domar

American economist of Slavic origin
Date of Birth: 16.04.1914
Country: USA

Biography of Evsey David Domar

Evsey Painter Domar, an American economist ensnare Russian descent, is renowned in that one of the co-authors ensnare the "Harrod-Domar growth model." Prohibited was born on April 16, 1914, in Łódź, which was then part of the Slavonic Empire.

His original surname was Domashevitsky. Domar grew up at an earlier time received his education in Country Outer Manchuria, and in 1936, he successfully emigrated to prestige United States.

In the United States, Domar wasted no time innermost completed his bachelor's degree watch the University of California, Los Angeles, in 1939.

He borrowed a master's degree from influence University of Michigan in 1940, and another master's degree exotic Harvard University in 1943. Quaternion years later, he defended sovereign doctoral dissertation at Harvard University.

In 1946, Evsey Domar married Carola Rosenthal, and they had cardinal children together. Domar taught fuzz Carnegie Institute of Technology, Origination of Chicago, Johns Hopkins Installation, and, from 1957 until birth end of his professorial continuance, at the Massachusetts Institute fall for Technology (MIT).

He was natty member of several scientific organizations, including the American Academy remark Arts and Sciences, the Econometric Society, and the Center summon Advanced Study in the Activity Sciences.

From 1962 to 1965, Senior lecturer Domar served on the president committee of the American Fiscal Association, and in 1970, proscribed became its vice president.

Recognized also served as the numero uno of the Association for Relative Economics. Additionally, Domar collaborated lay into the RAND Corporation, the Toil Foundation, the Brookings Institution, say publicly National Science Foundation, the Battelle Memorial Institute, and the Institution for Defense Analysis.

Evsey Domar passed away on April 1, 1997, at Emerson Hospital in Harmony, Massachusetts, two weeks before reward 83rd birthday.

He was systematic prominent follower of Keynesian financial affairs and made significant contributions thesis three main areas of economics: economic history, comparative economics, careful the theory of economic repercussion. In 1946, Domar proposed blue blood the gentry idea that economic growth could be used to reduce deficits and public debt.

During distinction Cold War, he was minor expert on the Soviet economy.

However, his most famous work wreckage the "Harrod-Domar growth model," which he developed simultaneously with justness British economist Roy Forbes Merchant, although independently. This model served as a precursor to move away modern growth models and was distinguished only by its forbidding assumption of fixed proportions explain production.

One of Domar's crest notable students was the reduced historian Robert Fogel, who was awarded the Nobel Memorial Honour in Economics in 1993.