Nationality American Name Leonard Mirman | ||
 | ||
Born March 19, 1940 (age 84)
New York City ( 1940-03-19 ) Alma mater University of Rochester, New York University, Brooklyn College Fields Mathematical Economics, Econometrics | ||
Doctoral students Thomas Jeitschko Doctoral advisor Johannes Kemperman Institutions University of Virginia Institution University of Virginia | ||
Leonard Jay Mirman (born March 19, 1940) is an American mathematician and economist. He is the Paul G. McIntire Professor of Economics at the University of Virginia. Mirman is known for his contributions to economics of uncertainty.
A native of New York City, Mirman earned a bachelor's (1963) and a master's degree (1965) in mathematics from Brooklyn College and New York University, respectively. Then he enrolled at the University of Rochester, majoring in economics. He received his MA in June 1968, and his Ph.D. in 1970.
While still a graduate student, Mirman started a paper with William A. Brock, who was then an assistant professor in the department, that augmented the Ramsey–Cass–Koopmans model with stochastic technology progress. As business cycle fluctuations arise naturally in this setup, the Brock–Mirman model became the foundation of real business cycle theory, which is at the heart of modern macroeconomics and growth theory.