Otto Eckstein
Otto Eckstein | |
|---|---|
| Born | August 1, 1927 Ulm, Germany |
| Died | March 22, 1984 (aged 56) |
| Known for | Theory of core inflation |
| Children | 3 |
| Academic background | |
| Alma mater | Princeton University Harvard University |
| Thesis | Water-Resource Development: The Economics of Project Evaluation (1955) |
| Doctoral advisor | Arthur Smithies |
| Academic work | |
| Institutions | Data Resources Inc Harvard University |
| Doctoral students | Lester Thurow Michael Wachter |
Otto Eckstein (August 1, 1927 – March 22, 1984) was a German-American economist and educator. He was a key developer and proponent of the theory of core inflation, which proposed that in determining accurate metrics of long run inflation, the transitory price changes of items subject to volatile pricing, such as food and energy, are to be excluded from computation.