from The American Heritage® Dictionary of the English Language, 4th Edition
- Tinbergen, Jan 1903-1994. Dutch economist. He shared a 1969 Nobel Prize for the application of mathematics and statistical methods to economics. His brother Nikolaas (1907-1988), a Dutch-born British ethologist, shared a 1973 Nobel Prize for studies of individual and social behavior patterns.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. Dutch economist noted for his work in econometrics (1903-1994)
- n. Dutch zoologist who showed that much animal behavior is innate and stereotyped (1907-1988)
Sorry, no etymologies found.
To get an idea of the awarded work of Jan Tinbergen, the lively correspondence between Keynes and Tinbergen is a stimulating way to start.
In fact, there are at least 4 ways to examine animal behavior and thankfully we all agree to these - they are called the Tinbergen's Four Questions which are considered the "spine of ethology".
For instance, the contributions of Ragnar Frisch and Jan Tinbergen were strongly linked by intellectual influence, in particular from the older Laureate (Frisch) to the younger.
While Frisch developed general methods of dynamic and econometric analysis, Tinbergen pioneered in applying such methods empirically.
Indeed, some of the honored contributions were made several decades ago, even as far back as the thirties, examples being the awards to Frisch, Tinbergen, Hicks, Ohlin and Kantorovich.
Frisch and Tinbergen were also instrumental in developing a formalized theory of the relation between instruments and targets of economic policy - a contribution paralleling Meade's analysis of similar issues.
Frisch based his analysis partly on a system of national accounts for Norway, the so-called "oekosirk system" (income and expenditure flows), while Tinbergen pursued much of his empirical policy analysis in the context of econometric macro models for the Netherlands.
The first Prize in Economics was awarded to Ragnar Frisch and Jan Tinbergen in 1969 2007
Frisch and Tinbergen gave these theories a form that was favorable for empirical quantification and statistical testing.
Frisch and Jan Tinbergen (the very first award in 1969) for their pioneering work on econometric model building, i.e. the integration of economic theory and statistical methods.
Wordnik is becoming a not-for-profit! Read our announcement here.