Modigliani Franco Horoscope

Modigliani Franco

Jun 18, 1918

Rating : AA (Data from a birth certificate)

Virgo
Moon Sign

Gemini
Sun Sign

Taurus
Lagan

Remembering Since 2003

Events

Family : Change residence 1939 (Moved to U.S.)

Work : New Career 1944 (Teacher at universities)

Work : New Job 1962 (Consultant to the U.S. Treasury Dept, ten years)

Work : Prize 16 October 1985 (Nobel Prize) chart Placidus Equal_H.

Death:Death, Cause unspecified 25 September 2003 (age 85, died in his sleep) chart Placidus Equal_H.

Biography

Italian-American economist and author of books and essays on economics. Modigliani moved to the U.S. to study in 1939 and remained, teaching in American universities from 1944. In 1962 he became a consultant to the U.S. Treasury Dept until 1972. On 16 October 1985, he was honored with the Economics Nobel Prize. Modigliani died in his sleep on September 25, 2003. Link to Wikipedia biography

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Update at: Jul 5, 2025

`` Franco Modigliani

Franco Modigliani (1918-2003)

Franco Modigliani was a renowned Italian-American economist who made significant contributions to the fields of macroeconomics and finance. He was born in Rome, Italy, on June 18, 1918, and passed away on September 25, 2003. He is best known for his work on the life-cycle hypothesis of saving and the Modigliani-Miller theorem.

Key Contributions:

Life-Cycle Hypothesis: This theory explains how individuals plan their saving and consumption over their lifetime, considering their income and expected lifespan. It suggests that individuals aim to smooth their consumption over their life, saving during their working years and dissaving during retirement.
Modigliani-Miller Theorem: Developed with Merton Miller, this theorem states that under certain ideal conditions, the value of a firm is unaffected by its capital structure (i.e., the mix of debt and equity financing). This work revolutionized the understanding of corporate finance.

Career and Recognition:

Modigliani held academic positions at several prestigious universities, including the University of Illinois at Urbana-Champaign, Carnegie Mellon University, and the Massachusetts Institute of Technology (MIT). He was awarded the Nobel Prize in Economic Sciences in 1985 "for his pioneering analyses of saving and of financial markets." He was also a fellow of the American Academy of Arts and Sciences and the Econometric Society.

Legacy:

Franco Modigliani's work continues to be highly influential in the field of economics. His theories are widely studied and applied in both academic and practical settings. The life-cycle hypothesis has significantly impacted our understanding of household saving behavior, while the Modigliani-Miller theorem remains a cornerstone of corporate finance theory. His contributions have had a lasting impact on economic policy and the understanding of financial markets.

While Franco Modigliani made significant contributions before the rise of widespread social media and digital projects as we know them today, his legacy lives on through academic publications and research papers. It is important to note that given his passing in 2003, actively maintained social media presence or recent digital projects are not applicable.

For further research, explore academic databases such as JSTOR, EconLit, and Google Scholar for articles and publications related to his work.

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