Jan Tinbergen

Jan Tinbergen was a Dutch economist who pioneered the development of econometric models—tools that use math and data to analyze economic phenomena. He was the first recipient of the Nobel Memorial Prize in Economic Sciences in 1969, shared with Ragnar Frisch, for their work on economic modeling and theories that help understand and predict economic trends. Tinbergen’s work laid the foundation for modern economic policy analysis, enabling governments and organizations to make informed decisions based on data-driven insights into issues like unemployment, inflation, and growth.