Education
New York University; University of Rochester.
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Leonard Mirman
Edit Profileeconomist university professor
Career
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.
He then enrolled at the University of Rochester, majoring in economics.
He received his Master of Arts in June 1968, and his Doctor of Philosophy 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.
