Arthur S. Goldberger
University of Wisconsin-Madison
November 20, 1930 - December 11, 2009
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Scientific Discipline: Economic Sciences Membership Type:
Member
(elected 1986)
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Arthur S. Goldberger was a pioneer in American econometrics and statistics. While at the University of Michigan, Goldberger worked with Lawrence Klein on the Klein-Goldberger model, an econometric model of the United States that continues to be cited as a seminal work in the field of economic forecasting. He is well known for his development of the Multiple-Indicator, Multiple-Cause (MIMIC) model, a tool which furthered the direct application of statistical methods to determining behavioral trends.
Goldberger graduated from New York University in 1951, earning his PhD from the University of Michigan in 1958. After attaining his PhD, Goldberger went to Holland as a Fulbright Scholar, studying at the Econometric Institute of the Netherlands School of Economics, an experience he cites as instrumental in shifting his concentration to the development of statistical methods. In 1963 Goldberger began teaching Economics at the University of Wisconsin, a career that would last over four decades.
