Modigliani’s Nobel Prize in Economics was partly due to his studies on..?
Microeconomics
Econometrics
Savings and Financial Markets
Market Regulation
Answer
Savings and Financial Markets was the reason Modigliani received his Nobel Prize in economics. This was due to his studies on the behavior of consumers and firms in financial markets, and how these behaviors affect the allocation of capital in the economy.
Mastermind of Modern Economics: The Franco Modigliani Quiz