Nationality Japan Fields Mathematical Economics Role Economist | Name Hirofumi Uzawa | |
Institution Stanford UniversityUniversity of California at BerkeleyUniversity of ChicagoUniversity of TokyoChuo UniversityDoshisha University Contributions Uzawa two-sector growth modelUzawa condition Notable students Joseph Stiglitz, David Cass Books Economic analysis of social co, Economic theory and global wa, Preference - production - and capital, Optimality - equilibrium - and growth | ||
School or tradition Neoclassical economics | ||
Hirofumi uzawa top 8 facts
Hirofumi Uzawa (宇沢 弘文, Uzawa Hirofumi, July 21, 1928 – September 18, 2014) was a Japanese economist.
Contents
- Hirofumi uzawa top 8 facts
- 2009 Professor Hirofumi UzawaSocial Common Capital
- Biography
- Contributions
- References
【2009 Professor Hirofumi Uzawa】Social Common Capital
Biography
Uzawa was born on July 21, 1928, in Yonago, Tottori.
He graduated from the Mathematics Department of the University of Tokyo in 1951; special research student from 1951 to 1953. At that time, he discovered the true nature of economics in the words of John Ruskin, “There is no wealth, but life.” which was quoted in the foreword to Tale of Poverty (貧乏物語, binbō monogatari) by Hajime Kawakami, and decided to study economics.
A paper on decentralized economic planning written by him caught the eye of Kenneth Arrow at the Stanford University, he went to study Economics at Stanford University in 1956 with Fulbright fellowship, and became a research assistant, then assistant professor in 1956, then assistant professor at the University of California, Berkeley in 1960, and then associate professor at Stanford in 1961. Meanwhile, in 1962, he received a Ph.D. from Tohoku University. He afterwards was professor at the University of Chicago in 1964, and later assumed the position of professor of the Department of Economics at Tokyo University in 1969. He also taught at Niigata University, Chuo University, and United Nations University. Incidentally Joseph E. Stiglitz and George A. Akerlof did research under Uzawa at the University of Chicago.
Uzawa was a senior fellow at the social, commonness, and capital research center of Doshisha University. He held the position of the president of the Econometric Society from 1976 to 1977.
Contributions
Uzawa initiated the field of mathematical economics in postwar days and formulated the growth theory of neoclassical economics. This is reflected in the Uzawa–Lucas model, the Uzawa iteration, and the Uzawa condition, among others.