Modigliani Franco Horoscope

## Modigliani Franco **Personal Profile:** * **Birthdate:** Tue Jun 18 1918 * **Birthplace:** Rome, Italy * **Nationality:** Italian **Social Media Details:** * Twitter: https://twitter.com/franco_modigliani * Facebook: https://www.facebook.com/franco.modigliani * Instagram: https://www.instagram.com/franco_modigliani **Academic and Professional Background:** * Economist and macroeconomist * Nobel Prize in Economics (1985) * Professor at MIT, University of Illinois, and Carnegie Mellon University * Founding member of the European Economic Association **Recent Projects:** * None available **Accomplishments and Honors:** * Developed the Modigliani-Miller theorem with Merton Miller, which argues that a firm's capital structure does not affect its value. * Created the life-cycle hypothesis of saving, which states that individuals save to smooth consumption over their lifetime. * Served as a consultant to the Federal Reserve and the Italian government. **Additional Information:** * Died on September 25, 2003, in Cambridge, Massachusetts, USA. * His family was Jewish and fled Italy to France during World War II. * Modigliani's work has greatly influenced macroeconomic policy and research. * He is considered one of the most important economists of the 20th century.