Background
Klein, John Jacob was born on August 30, 1929 in Chicago, Illinois, United States. Son of John and Mathilda (Keller) Klein.
(This work provides a systematic statement of the theoreti...)
This work provides a systematic statement of the theoretical position of the Chicago school on monetary economics. Milton Friedman restates the quantity theory of money and discusses the significance of its revival after a period of eclipse by the Keynesian view. Four empirical studies by Phillip Cogan, John J. Klein, Eugene M. Lerner, and Richard T. Selden are provided in support of the theory. The four studies...of inflation during and after the world wars and in the U.S. over the past century...show a striking regularity in economic response to monetary change. They will be of particular interest to monetary theorists, to empirical investigators in this area, and to economic historians and theorists generally. CONTENTS: The Quantity Theory of Money...A Restatement (Friedman) * The Monetary Dynamics of Hyperinflation (Cagan) * German Money and Prices, 1932-44 (Klein) * Inflation in the Confederacy, 1861-65 (Lerner) * Monetary Velocity in the United States (Selden)
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Klein, John Jacob was born on August 30, 1929 in Chicago, Illinois, United States. Son of John and Mathilda (Keller) Klein.
Bachelor cum laude, Northwestern University, 1950; Master of Arts, University of Chicago, 1952; Doctor of Philosophy, University of Chicago, 1955.
Assistant professor economics Oklahoma State University, Stillwater, 1957-1960. Associate professor economics Fordham University, New York City, 1960-1967. Professor economics Georgia State University, Atlanta, 1967—1994, professor economics emeritus, from 1994.
(This work provides a systematic statement of the theoreti...)
With United States Army, 1955-1957. Member American Economic Association, Southern Economic Association, Phi Beta Kappa, Pi Mu Epsilon.
Married Sylvia Elvine Knauss, November 25, 1953. Children: Leslie Klein Funk.