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Nicholas Kaldor, Baron Kaldor (12 May 1908 – 30 September 1986), born Káldor Miklós, was a Hungarian economist. He developed the "compensation" criteria called Kaldor–Hicks efficiency for welfare comparisons (1939), derived the cobweb model , and argued for certain regularities observable in economic growth, which are called Kaldor's ...
- British
Abstract. Professor Lord Kaldor, who was elected a Fellow of the Academy in 1963, and who gave the Academy’s Keynes Lecture in 1982, 1 died at Papworth Hospital near Cambridge on 30 September 1986, aged 78. He was one of the most distinguished economists of the twentieth century who will be recorded in the history of economic thought as a ...
- A. P. Thirlwall
- 2015
The British economist N. Kaldor assumed that there is a mechanism at work generating full employment. Simply stated, in his model an inadequate rate of investment will be offset by shifts in the distribution of income between profits and wages, which will cause consumption to change in a…
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DOI: https://doi.org/10.1057/978-1-349-95121-5_813-1. Nicholas Kaldor was born in Budapest. From 1927 to 1947 he studied and taught at the London School of Economics. Then, following two years at the Economic Commission for Europe in Geneva, he moved to Cambridge University, where he became a fellow of King’s...
Overview. Nicholas Kaldor. (1908—1986) economist. Quick Reference. (1908–1986) Hungarian-born British economist. He was created a life peer in 1974.
Feb 21, 2017 · This chapter begins with a brief discussion of Nicholas Kaldor’s work before 1949, including his early contributions to trade cycle theory and to the Beveridge Report. This is followed by a discussion of the theories of growth and distribution that he contributed while a Cambridge economist.
Oct 2, 1986 · Nicholas Kaldor, an economist and longtime adviser to the British Labor Party, died yesterday at his home in Cambridge, England, his family said. He was 78 years old. An iconoclast whom John...