Hirofumi Uzawa

Last updated
Hirofumi Uzawa
宇沢 弘文
Born(1928-07-21)July 21, 1928
DiedSeptember 18, 2014(2014-09-18) (aged 86)
Nationality Japanese
Institution Stanford University
University of California at Berkeley
University of Chicago
University of Tokyo
Chuo University
Doshisha University
Field Mathematical economics
Alma mater University of Tokyo (B.Math, 1951)
Stanford University
Tohoku University (Ph.D., 1962)
Doctoral
students
David Cass
Karl Shell
Miguel Sidrauski
Influences Shokichi Iyanaga
Joichi Suetsuna
Kenneth Arrow
Hajime Kawakami
Contributions Uzawa two-sector growth model
Uzawa iteration
Uzawa condition
Awards Person of Cultural Merit (1983)
Order of Culture (1997)
Blue Planet Prize (2009)
Information at IDEAS / RePEc

Hirofumi Uzawa (宇沢 弘文, Uzawa Hirofumi, July 21, 1928 – September 18, 2014) was a Japanese economist.

Contents

Biography

Uzawa was born on July 21, 1928 in Yonago, Tottori to a farming family.

He attended the Tokyo First Middle School (currently the Hibiya High School ) and the First Higher School, Japan (now the University of Tokyo's College of Arts and Sciences faculty).[ citation needed ]

He graduated from the Mathematics Department of the University of Tokyo in 1951; he was a special research student from 1951 to 1953. At that time, he discovered the true nature of economics in the words of John Ruskin, “There is no wealth, but life.” which was quoted in the foreword to Tale of Poverty (貧乏物語, binbō monogatari) by Hajime Kawakami, and decided to study economics. [1]

A paper on decentralized economic planning written by him caught the eye of Kenneth Arrow at the Stanford University, he went to study Economics at Stanford University in 1956 with Fulbright fellowship, and became a research assistant, then assistant professor in 1956, then assistant professor at the University of California, Berkeley in 1960, and then associate professor at Stanford in 1961. [1] Meanwhile, in 1962, he received a Ph.D. from Tohoku University. [2] He afterwards was professor at the University of Chicago in 1964, and later assumed the position of professor of the Department of Economics at the University of Tokyo in 1969. He also taught at Niigata University, Chuo University, and United Nations University. [3] Joseph E. Stiglitz and George A. Akerlof did research under Uzawa at the University of Chicago and David Cass studied under Uzawa at Stanford University. [4] [1]

Uzawa was a senior fellow at the social, commonness, and capital research center of Doshisha University. He held the position of the president of the Econometric Society from 1976 to 1977. He also held the position of Counsel for the Development Bank of Japan's Research Institute of Capital Formation (RICF) from 1968 until his passing. [5]

Contributions

Uzawa initiated the field of mathematical economics in postwar days and formulated the growth theory of neoclassical economics. This is reflected in the Uzawa–Lucas model, the Uzawa iteration, the Uzawa condition, and Uzawa's Theorem, among others.

In his 1962 paper, [6] Uzawa proved that the two of Walrasian equilibrium and Brouwer's fixed-point theorem are equivalent.

Bibliography

Books

Chapters in books

Selected journal articles

Working Papers

Related Research Articles

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References

  1. 1 2 3 "2009 Blue Planet Prize Commemorative Lectures" (PDF). The Asahi Glass Foundation. Retrieved 2016-05-22.
  2. 宇沢, 弘文 (1962). CiNii Dissertations - レオン・ワルラスの一般均衡理論に関する諸研究 (PhD Thesis). CiNii . Retrieved 22 May 2016.
  3. "Leading Japanese economist Hirofumi Uzawa dies at 86". Asahi Shimbun. 26 September 2014. Archived from the original on 14 October 2014. Retrieved 27 September 2014.
  4. "Joseph E. Stiglitz: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2001". Nobelprize.org. Retrieved May 12, 2016.
  5. "下村治博士・宇沢弘文先生について | 研究所案内 | 設備投資研究所 | 日本政策投資銀行(Dbj)".
  6. The new Palgrave dictionary of economics. Durlauf, Steven N., Blume, Lawrence. (2nd ed.). Basingstoke, Hampshire: Palgrave Macmillan. 2008. p. 608. ISBN   9780333786765. OCLC   181424188.CS1 maint: others (link)

Further reading