Franco Modigliani (1918-2003), the 1985 Nobel Laureate, was one of the
greatest economists of the Twentieth century. Starting with an overview
of Modigliani's life, and his place in Twentieth century economics, the
authors explain and assess his influential theories, including his
contribution to the Keynesian consumption hypothesis, corporate
invariance hypothesis, stabilization policies, econometric model
building, and his legacy and influence in contemporary economics